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End of Siscoserv

In order to deburocratize the information systems and facilitate the access and maintenance of the Brazilian economic activity, the Ministry of Economy, through the Special Secretariats for Foreign Trade and International Affairs (Secint) and the Brazilian Federal Revenue Service (RFB), decided to definitively shut down SISCOSERV, the system in which Foreign Trade Services were registered.

The registrations had already been suspended until December 31, 2020, through the publication of the Secint/RFB Joint Ordinance No. 25, in June 2020, but, after a joint decision of the secretariats, there will be no more need to register in the system even after the expiration of the term.

According to the Federal Government, the decision took into consideration the principles of the Economic Freedom Law (Law No. 13,874 of September 20, 2019): freedom as a guarantee in the exercise of economic activities and subsidiary and exceptional state intervention over the exercise of economic activities.

Even without including the data in SISCOSERV, the information and statistics on foreign trade services will not be affected, since they are already presented via exchange contracts and other accessory tax obligations, following the recommendations of the IMF and the Balance of Payments and International Investment Position Manual (BPM6).

The Ministry of Economy will release the regulations for the actual shutdown in the coming days.

Source: Ministry of Economy Portal

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