- Complementary Law No. 216/2025 was published on 29 July 2025, including services in the Drawback and RECOF customs regimes.
- The law suspends PIS/Pasep and Cofins contributions for services linked to exports or delivery abroad of products.
- Changes to the Drawback regime are effective from 29 July 2025 for concession acts from 1 January 2023.
- RECOF changes are effective from 1 January 2026.
- The Drawback regime allows tax suspension for goods intended for export product industrialization.
- Services included are listed in Annex I of the Brazilian Services Classification.
- Limitations include exclusions for certain concession acts and services related to specific export activities.
- Procedural requirements involve identifying products and services under concession acts from 1 January 2023.
- Documentation may be required to prove the nature of service contracts.
Source: insightplus.bakermckenzie.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
