Brazil has introduced a cross-border compliance program called Remessa Conforme, which helps reduce duties and import taxes on purchases from international e-commerce sites or local marketplaces with cross-border stores.
With this program, customers enjoy a 0% import tax (exempt) for purchases of up to US$50, along with the standard state tax (ICMS, which varies from 17% to 20% depending on the state). For orders over US$50, a 60% import tax applies but customers receive an immediate US$30 credit (discount) on the federal tax calculation.
It simplifies the process of importing and delivering international orders. Customers will declare their products and pay the applicable taxes before their items arrive in Brazil.
Benefits:
- Savings: You can enjoy a 0% import tax for purchases up to US$50 (compared to the usual 60%), plus the regular 17% ICMS state tax. Additionally, there's a US$30 immediate credit for orders over US$50 to help with duty payments.
- Transparency: You’ll know the taxes upfront at the time of purchase, making everything clear from the start.
- Speed of delivery: The shipping and customs process is more efficient, resulting in quicker deliveries.
- Secure transactions: All transactions are handled by certified companies that adhere to strict standards.
- Financial predictability: Consumers are informed about taxes and exemptions at the time of purchase, which helps avoid unexpected fines and fees later on.
Feel free to check out iHerb's Remessa Conforme Program page or visit the official Remessa Conforme site for more information.