In brief On 17 June 2025, SECEX (the Brazilian Secretariat of International Trade) initiated an antidumping investigation on the Brazilian imports of wire rod, commonly classified under the NCM codes 7213.20.00, 7213.91.10, 7213.91.90, 7213.99.10, 7213.99.90, 7227.20.00 and 7227.90.00, from China and Russia. This is an input used for manufacturing various goods, such as general-purpose wires, […]
In brief On June 18, 2025, MTE Ordinance No. 1,066 was published in the Federal Official Gazette, extending the effective date of MTE Ordinance No. 3,665/2023 to March 1, 2026. In more detail MTE Ordinance No. 3,665/2023, originally scheduled to take effect on March 1, 2024, revokes the permanent authorizations for work on Sundays and […]
In brief On June 11, Provisional Measure No. 1,303/2025 and Decree No. 12,499/2025 were published. The Provisional Measure establishes new rules for taxation under the Income Tax (IR) regime on financial investments and virtual assets. In other words, it aims to offset the revenue loss from the Tax on Financial Transactions (IOF) by increasing or […]
In brief Ordinance No. 15/2025, published on June 10, 2025, by the Brazilian Patent and Trademark Office (BPTO), introduces, for the first time, a specific framework for the recognition of acquired distinctiveness in trademark registration. In more detail What is acquired distinctiveness? Acquired distinctiveness refers to the ability of a sign that originally lacks inherent distinctiveness […]
In brief On 3 June 2025, SECEX (the Brazilian Secretariat of International Trade) initiated an antidumping investigation on the Brazilian imports of hot-rolled flat steel from China, commonly classified under the NCM codes 7208.10.00, 7208.25.00, 7208.26.10, 7208.26.90, 7208.27.10, 7208.27.90, 7208.36.10, 7208.36.90, 7208.37.00, 7208.38.10, 7208.38.90, 7208.39.10, 7208.39.90, 7208.40.00, 7208.53.00, 7208.54.00, 7208.90.00, 7211.13.00, 7211.14.00, 7211.19.00, 7211.90.10, 7211.90.90, […]
In brief On June 4, 2025, Federal Decree No. 12.485/2025 was published, which provides for the National Biodiversity Strategy and Action Plan, in line with the commitments made by Brazil until 2050 under the Convention on Biological Diversity. In summary, the rule defined that the National Strategy and Action Plan to be followed until 2030 […]
In brief On 2nd June 2025, SECEX (the Brazilian Secretariat of International Trade) initiated the antidumping investigation on Brazilian imports of metal sheets from Germany, Japan, and the Netherlands, commonly classified under the NCM codes 7210.12.00, 7210.50.00, 7212.10.00, and 7212.50.90. Metal sheets are widely used for packaging food, aerosols, cosmetics, dry and wet pet food, […]
In brief As of May 23, 2025, Decree No. 12.466, of May 22, 2025, which amends Decree No. 6.306, of December 14, 2007, the Regulation of the Tax on Credit, Exchange and Insurance Transactions – IOF, came into force. The changes provide for an increase in tax rates on various transactions, summarized in the table […]
In brief On May 22, 2025, the Brazilian National Monetary Council (CMN) published the CMN Resolution No. 5,212, with the aim of amending CMN Resolution No. 5,118, which regulates the backing of securitization operations (CRI, CRA and CDCA). Straight to the point With the amendment, it became forbidden to use, as backing for securitization operations, […]
Data Protection Officer