Prepare for the First Phase of the New Siscomex on the Single Foreign Trade Portal
October marks the beginning of a significant transformation in the Brazilian import process with the phasing in of Siscomex LI/DI to the Single Foreign Trade Portal. In this first phase, from October to December, only maritime imports under special customs regimes—such as REPETRO, Temporary Admission, and RECOF—and not subject to licensing, must be mandatorily registered through the Single Import Declaration (DUIMP). If your company conducts operations that meet these requirements, it is crucial that you are prepared for this change.
Although the import operations that meet the criteria of the first phase represent a small portion of Brazilian imports, this is a fundamental initial step. The goal is clear: to bring more efficiency, speed, cost reduction, and to simplify foreign trade in the country. Therefore, even if your regular operation is not included in the first phase, this transition represents an important step for the future of imports in Brazil.
What to expect from the second phase in 2024? Starting in January, the schedule will expand to include air shipments and imports subject to licensing, as well as operations using all tax regimes (except the Free Trade Zone). As a result, a significant increase in the volume of shipments migrating to the DUIMP is expected.
How to prepare for this transition? If your company is not directly involved in the first phase, this is an excellent opportunity to start preparing your internal processes. Reviewing and organizing information about your shipments, ensuring that the data is correct and up-to-date, and editing the Product Catalog are essential steps to ensure a smooth transition when the schedule expands.
With this new stage, the government aims to modernize and simplify foreign trade, providing more transparency and efficiency in operations. Take this moment to get ahead and ensure that your company is ready for the future requirements of the Single Portal.