Also in the news...
Apply to be an approved operator of an Extra-Territorial Office of Exchange
Apply to become an approved operator if you're a non-UK designated operator running an Extra-Territorial Office of Exchange in Great Britain.
Register as an overseas company with Companies House
You must register an overseas company with Companies House if you want to set up a place of business in the UK.
How to successfully expand your business and set up in the UK
Tell us about your business and we'll give you the official information and data you need, in one place
Foreign Office travel advice updates
Latest travel information for British nationals affected by the situation in the Middle East.
Check if you need a UK visa
You may need a visa to come to the UK to visit, study or work.
Brazil Approves Import Taxes Reduction On 252 Items
The Brazilian Foreign Trade Board, CAMEX,has just released a new list of items included on the ex-tarifário regime.
The resolution approved import taxes reduction for 177 products and renewed the grant for 75 items.
The CAMEX resolution is valid until December 31st, 2015.
Such measure aims to stimulate investments in production through a temporary reduction of import duties on capital goods, IT and telecommunication equipment, provided there is no domestic production for the listed items.
For the items just released, tax rates went from 16% to 2%.
These products are linked to a global investment of US$ 5 billion. The products with reduced tax rates come mainly from United States, China, Scotland, and Spain.
The ex-tarifário is an instrument available to Brazilian importers that grants temporary import taxes reduction on capital goods , IT and telecom equipment. Items marked as BK (capital goods) and BIT (computer and telecom equipment) on the NCM list (harmonized code list) are eligible to apply for it. Applications for ex-tarifário can be placed by a single company or by a business association. The required information includes planning, forecasts, information on investment and main purposes. A key factor for the ex-tarifário is the nonexistence of domestic production for the item to be imported. Moreover, there are some other criteria and aspects
Article supplied by G.Jacintho/InterGest Brazil