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5 tips to import machines in a less bureaucratic and cheaper way for your business
13/05/2023
| Não categorizadoImporting products to be able produce in Brazil is one of the strategies that many companies are betting on to make local manufacturing cheaper and save resources. According to data from Logcomex, the import of industrial machinery moved more than US$ 1.6 billion in 2021.
China is the world’s main trading partner, and represents almost half of all imports. Whether for new or used machines (which, in this case, still need the approval of the Undersecretariat for Foreign Trade Operations – SUEXT), importing these products helps to foster local industry and speed up production in factories.
Some of the great advantages of importing machinery in Brazil are the possibility of lower acquisition costs and access to more advanced technologies.
Regardless of whether you are starting in the business or are already in the import market and want to know more about how to import brazilian machinery and inputs for them, we have prepared 5 steps to do it in a less bureaucratic and more efficient way. Check below:
1- Correct documentation
To import machines from Brazil, it is necessary to have Radar qualification.
Registration on the Radar (Registration and Tracking of the Performance of Customs Interveners) is mandatory for any type of purchase abroad and must be requested from the Brazilian Federal Revenue Service. It is important to apply well in advance, as it can take around 10 days to be released.
2 – Avoid tax mistakes
It is essential to classify the machine within the Mercosur Common Nomenclature (NCM) and it is worth remembering that the correct classification is essential to avoid delays, fines and restrictions.
This step is extremely important, as classification errors can make the operation unfeasible.
There are several taxes that may apply when importing a machine. This is because, generally, they are high-priced products, and the rate may include ICMS for the importer.
To prevent these problems from creating delays or your product being held up at customs in Brazil, the best way to avoid this is by creating a checklist with all the necessary information so as not to let anything go unnoticed.
3 – Check information on the Siscomex Single Portal
Some products need an Import License (LI) – a document that authorizes the import of certain products. Its approval may be pre- or post-shipment, and non-compliance with this requirement may lead to fines and further delays in release, or even be barred from a customs agency. The Single Siscomex Portal brings a list of which materials require an import license – this prior verification is necessary so as not to be taken by surprise when the purchase is already in Brazil.
4- Look for a reliable supplier
One of the biggest problems that exist today in international trade is the presence of suppliers who try to circumvent the country’s legislation or even do not pay attention to it. This can result in fines and even be configured as a tax crime.
5- Count on a Trading Company
A competent Trading Company is the best way for companies that want to import quickly, cheaply and without bureaucracy.
Savixx is a market reference and has more than 98% clearance of cargo with the Brazilian Federal Revenue Service. Reliability and integrity are our hallmarks to achieve maximum efficiency and profit for our customers.
If you are looking to import products from outside Brazil, it will be a pleasure to help! Get in touch right now and we’ll send you a personalized proposal.
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