In December 2018, Brazil published two directives that changed the Siscoserv system. Siscoserv is an integrated tool for foreign trade of services, immaterial goods and other transactions that change the volume of equity. Information have to be submitted through Siscoserv if the transactions take place between someone residing I Brazil and someone who is not.
Since January 1st, 2019, the following changes to Siscoserv are in place:
Replacement of Amendments I and II of Version 2.0 of NBS and NEBS
NBS is a classification of the above mentioned transactions which is needed to register with Siscoserv. It is one of the most important information within the process.
In order to simplify the new NBS version the Secreatriat for Trade and Services (SCS – Secretaria de Comercio e Servicos) issued an accompanying document which outlined the correlation between versions 1.1 and 2.0 of the nomenclature.
New Version of Siscoserv Handbook
A new version of the Siscoserv Handbook has been published which includes updates that reflect the reality of the business transactions in question as well as the clarity of the fields to be filled.
These regulatory changes could affect your business with view to customizing or support of your ERP/SAP system. Please contact us to learn about possible necessary reactions to the changes – we are happy to assist you!