Importing: How does it work in Brazil?
The import process in Brazil is long and complex. Understanding administrative stakes and choosing the right partners are crucial to manage the process and to avoid the goods to be kept at customs.
If you own a RADAR you face administrative difficulties when importing. Novatrade can provide you with a solution by managing the flows of your imports. In case you do not have an import license (RADAR), Novatrade can import for your account on its RADAR.
Importation Process Steps
This process can be divided into 4 main stages:
1. Administrative
All the procedures and requirements from the government before the importation. These procedures vary as a function of the operation and the good (goods registration, importation licenses to be obtained). Among these procedures:
- RADAR habilitation to be able to import or export
- Obtaining an Importation License (LI) if necessary
2. Fiscal
Customs clearance at the import to check :
- The similarity between importer declaration and the goods imported
- The respect of possible specific requirements in accordance with the law.
Import duties and taxes payments related to the good.
The Custom Agent (Despachante Aduaneiro) is a mediator in charge of following the importation procedures, giving the “go” for the goods and registering LI orders through SISCOMEX. In Brazil, a Custom Agent is more than a custom officer.
3. Operational step
The international transport, storage in the port/airport of destination, storage in dry port if needed, delivery to the importer place.
4. Payment step
Buying foreign currencies during the currency exchange.
To face up to the complexity of importation into Brazil, specific modalities of importation have been developed, such as Import on Behalf or under Order, enabling the outsourcing to specialized companies of import operations and responsibility towards customs.
