Good NEWS! Less Bureaucracy and Less Cost. Brazil is the first MERCOSUR country to use the ATA Carnet

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ATA CarnetOn June 28, 2016, Mr. Robson Braga de Andrade, president of Brazil’s National Confederation of Industry (CNI)  and Mr. Jorge Rachid, Brazil’s Secretary for Revenue, signed a new provision that will allow Brazil to accept the ATA (Admission Temporaire/Temporary Admission) Carnet use in the country, for 5 years  starting in September.

Brazil will be the 75th country in the world and the 1st MERCOSUR country to adopt the ATA Carnet, which allows temporary export and import of goods without taxes. Brazilian customs will recognize ATAs from other countries starting this July.

According to Jorge Rachid, the adoption of ATA Carnet “is a major step toward improving Brazilian market competitiveness”, meaning that “an operation signed in Brazil will now be recognized by the world”.

Companies can use the ATA Carnet for three types of situations: to carry commercial samples; to ship professional equipment and goods for presentation; or for Fairs, Trade Shows, Exhibitions, and similar events. With the ATA Carnet acting like a passport for goods, products can move from country to country with the same document for a maximum of 12 months.

The other 74 countries that have already adoptd the ATA Carnet represent almost 75% of the Brazilian foreign trade, including United States, China, Germany, Japan, and Mexico.

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Our clients will benefit from this new regulation which will speed up the import/export process to Brazil and dramatically reduce costs when it comes to the temporary admission of goods. If you have any questions or would like a quote for your next shipment to Brazil please leave your contact information here.

Source:

Ariadne Sakkis e Diego Abreu. Agência CNI de Notícias. Brasil é o primeiro país do Mercosul a usar o ATA Carnet. Available at http://www.portaldaindustria.com.br

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