Export and import activities are quite dynamic and those who work. To keep you up to date and not miss any important topics we have taken stock of the main foreign trade in 2020.
INCOTERMS 2020 main issues
>Incoterms or international trade terms are reviewed every 10 years and most recent changes came into effect in phone number list January 2020. summary table of INCOTERMS 2020 .
Debureaucratization of licenses
The ministry of foreign trade eliminated the requirement for automatic . Import licenses for 88 products a card symbolizing passion and non-automatic licenses for another 122. This streamlined processes, benefiting business. The estimate considering the volume of licenses issued for these products in 2019 is a saving of more than million in fees that were charged to obtain these documents.
Simplification of qualification
>The Federal Revenue Service has simplified the authorization granted to Brazilian companies to operate in foreign trade and the new rules came into effect in December 2020.
Inspection rules main issues
Also in december new aero leads inspection rules to combat customs fraud came into effect. With the publication of normative Instruction the inspection procedure.