What has changed with the elimination of the DIRF in 2026?
Find out how the DIRF will be filed starting in 2026, its replacement by eSocial and EFD-Reinf, and the generation of the Income Report. 2026 brought one of the most significant changes in recent years to companies’ tax routines: the elimination of the DIRF. That annual marathon of filing returns is now a thing of the past, but that doesn’t mean the IRS has given up on the data. On the contrary, tax enforcement is now integrated and real-time. What does this mean in practice? The Federal Revenue now operates with a continuous data flow through eSocial and EFD-Reinf, eliminating the need to download the PGD (Declaration Generator Program) to report income, since information on withholdings for income tax (IR), PIS, COFINS, and CSLL has already been submitted on a monthly basis throughout the previous year. eSocial vs. EFD-Reinf: Who Receives What? The elimination of the DIRF has divided the responsibilities for collecting information among the following systems: eSocial (Focus on Individuals): data related to labor, social security, and tax matters pertaining to payroll. It is the channel for reporting income paid to employees and self-employed individuals; and EFD-Reinf (Focus on Services and Legal Entities): it consolidates information on payments to legal entities, federal tax withholdings, and social security contributions. The requirement to submit the Income Report remains in effect Although the annual tax filing deadline has passed, the Income Report must still be submitted to beneficiaries by the last business day of February each year. The Risk of Inconsistency The biggest challenge now is consistency. It is important for the company to review the following items: Individual Taxpayer Registry (CPF) of dependents and Withholding Income Tax (IRRF); Health insurance, reimbursement, and supplemental pension plan settings; Review simplified deduction and apportionment rules for pensioners; and Amounts generated by the system prior to submission. If discrepancies are identified in the figures or information submitted monthly, the pending periods must be reopened to make the corrections. If the error is a data entry error, the correction must be made during the Annual Adjustment, under the January reporting period, by February 18. Our team monitors the filing of tax and ancillary obligations to ensure your business remains fully compliant. With the support of a firm that has 20 years of experience in the market, you gain the peace of mind you need to focus on growing your business, knowing that your accounting compliance is in good hands. PLBrasil Accounting&Finance is available to provide you with consulting through the: +55 (11) 3292-5050 nn@plbrasil.com.br
The deadline to file the Quarterly Periodic Declaration with the Central Bank of Brazil expires on June 30, 2026 – Base date: as of March 31, 2026
Companies receiving foreign direct investment in the country in their corporate capital, regardless of the amount, and that have total assets equal to or greater than BRL 300 million, must be aware of the deadline for the Quarterly Periodic Declaration (DPT) referring to the base date of March 31, 2026. What is the Quarterly Periodic Declaration (“Declaration”) – Census of Foreign Capital in the Country (“Census”)? This Declaration refers to foreign investments and is known as the Census of Foreign Capital in the Country (“Census”). In addition to other Central Bank (“BACEN”) censuses, the Declaration also aims to compile statistics on the external sector, such as the balance of payments and the International Investment Position (IIP). This information allows the Central Bank of Brazil (BACEN) and the government to measure the participation of foreign investors in the Brazilian economy, contributing to the formulation of more effective economic policies. The consolidated disclosure of results also assists the activities of economic researchers and international organizations. Which recipient company with non-resident investors holding shares in its company’s capital is required to submit the Quarterly Declaration to the Central Bank of Brazil (BACEN)? Those that have total assets equal to or greater than BRL 300 million on the base date of the respective quarter; and Those that have acquired a stake through an organized market, even when none of them individually owns 10% or more of the recipient’s voting power. Base Dates and Delivery Deadlines The declarations follow a quarterly schedule, as follows: March 31: Delivery between April 1 and June 30. June 30: Delivery between July 1 and September 30. September 30: Delivery between October 1 and December 31. December 31: Delivery between January 1 and March 31 (annual periodic declaration). What are the penalties if a company fails to meet the deadlines for filing the Declaration? Companies that fail to file the declaration on time may have their Foreign Capital Information Reporting System – Foreign Direct Investment (“SCE-IED”) suspended, which will prevent them from settling foreign exchange transactions related to Foreign Direct Investment, and they will also be subject to a fine, following an administrative sanctioning process. Do you need to submit the Quarterly Economic-Financial Declaration? Count on us to submit the necessary documentation and register with the Central Bank of Brazil. Contact our sales team Do you need to submit the reports to the Central Bank? You can count on us to submit the necessary documentation and register with the Central Bank of Brazil. The PLBrasil Group’s Foreign Capital team is available to assist you with the registrations required by the Central Bank of Brazil in the channels below: +55 (11) 3292-5050comercial@plbrasil.com.br
How the new Federal Revenue Office system impacts obtaining a Corporate Taxpayer’s ID (CNPJ) starting December 1, 2025
In compliance with Supplementary Law no. 214/2025, which set the Tax Reform milestone, on December 1, 2025, the Federal Revenue Office implemented the new MAT (Tax Administration Module) system. This change modifies the process of starting a company, requiring entrepreneurs to define their tax regime prior to issuance of the CNPJ. Until then, the procedure allowed issuance of the CNPJ in sync with the registration of the organizational documents at the Commercial Registry, notary public offices, or the Brazilian Bar Association (OAB). With the new system, however, the corporate registration and issuance of the CNPJ no longer occur simultaneously but now depend on the choice of tax regime in the Tax Administration Module. This change directly relates to the requirement previously announced by the Federal Revenue Office, which now calls for the indication of the tax regime at the time of registration, as addressed in a previous article. When will the CNPJ be generated? Although the essential steps for opening a business remain similar, the new process changes the timing to obtain the CNPJ. Under the new process: Registration of the organizational documents; Issuance of the State Registration Identification Number (NIRE) and provision of the Certificate of Full Content; Indication of the tax regime in the Tax Administration Module; and Generation of the CNPJ takes between 5 and 60 minutes. Only after accessing the Federal Revenue Office’s Tax Administration Module and formalizing the choice of tax regime will the CNPJ be effectively generated. For this purpose, the company has up to 90 days to make the indication. Most significant impact: expectation of immediate CNPJ issuance The main practical effect of this change lays on the absence of a CNPJ at the time of registration, and this impacts the start of the following activities: Open a bank accounts; Registration of the company on financial platforms; Execution of preliminary agreements; and Maintain registrations with suppliers and business partners. This change requires new planning, especially for companies that operate on tight schedules or depend on having a CNPJ to start operational activities. Tax planning in advance Another significant effect is the mandatory advance tax study. While many previously postponed analyzing their tax regime, the system now requires this decision to be made right at the beginning, which tends to force a more informed and technically sound decision. Although this change represents an initial increase in formalities, the trend is that, in the medium and long term, this requirement will reduce problems arising from incorrect classifications that generate damaging tax impacts for the company. In practical terms, the model contributes to greater consistency between corporate planning and tax structure from the outset. Scope and reach of the change It is important to note that this new procedure applies exclusively to the organization of new companies. Subsequent changes, such as contractual amendments, corporate reorganizations, or registration adjustments, do not follow the new logic. Furthermore, this is a nationwide change resulting from regulations issued by the Federal Revenue Office, even though its implementation is carried out by the state Commercial Registries. Starting companies in a more technical setting Given this new context, starting a company now requires greater integration between corporate planning, tax analysis, and technical support of the procedural process. PLBrasil Group works to advise its clients on starting companies, guiding them through critical stages, ensuring correct compliance with requirements, and adaptation to the new operational model, both in the paralegal and tax areas, especially in more complex scenarios. With a preventative approach and strategic analysis from the outset, it’s possible to structure the start of a company with greater security, predictability, and alignment with new regulatory requirements. Are you going to start a company? PLBrasil Paralegal offers full support to ensure flexibility and compliance. Are you going to start a company? PLBrasil Paralegal offers full support to ensure flexibility and compliance. The PLBrasil Group New Business team is available to assist you through the following channels: +55 (11) 3292-5050 nn@plbrasil.com.br
Taxation of profits and dividends starting in 2026: the exemption ends in 2025, and the window to use it is closing
With the entry into force of Law No. 15,270/2025, as of January 1, 2026, the distribution of profits and dividends will no longer be entirely tax-exempt. The new tax system creates limits, progressive brackets and adjustment mechanisms that make withdrawing profits more expensive for individuals. This makes the end of 2025 a crucial time. Companies wishing to take advantage of the current exemption for the last time must resolve on their profit distribution this year, registering it with the Commercial Registry by December 31, 2025. It is not about maintaining a benefit, because it will cease to exist. It is about using it while it is legally possible, before the new rules make distribution more expensive. The new law establishes a tax structure for profits distributed to individuals: Standard Taxation: Dividends exceeding monthly reference values will be subject to a 10% tax on the excess. Progressive IRPFM: Annual incomes exceeding BRL 600,000 will be subject to the Minimum Personal Income Tax (IRPFM), with progressive rates, according to the new table. For high incomes (above BRL 2.6 million), there are specific reduction provisions. These changes eliminate the unrestricted exemption and require extremely careful tax planning starting in 2026. Law No. 15,270/2025 provides for a transitional rule: the exemption will be preserved for profits that are resolved on (decided and formalized) by December 31, 2025. Even if the profits are paid out over the following three years, up until December 31, 2028, the exemption will be maintained. What guarantees the benefit is a formalized and registered resolution made within the deadline, not the payment date. This opens a window of opportunity for companies with retained earnings or future distribution capacity. The biggest technical challenge is the December 31st deadline. The fiscal year 2025 will not be closed on this date, which prevents the presentation of final financial statements to support the resolution. This technical impossibility has given rise to controversy, with bodies such as the Federal Accounting Council requesting a veto of the law, and Sescon-SP seeking a Preventive Collective Writ of Mandamus to allow resolution in 2026 (after the official end of the fiscal year). Despite the actions taken, the law remains in effect. The registration window requires extra attention, as the Commercial Registries traditionally reduce deadlines and service hours at the end of the year The change particularly impacts companies that distribute significant profits, structures with multiple shareholders, asset holding companies, and groups that traditionally leave the resolution for the beginning of the following year. In these cases, postponing the decision could result in the definitive loss of the exemption and the automatic application of the new rates starting in January. The current situation demands integration between management, accounting, and legal areas. Decisions need to consider cash flow, corporate structure, payment capacity, and document consistency. The resolution must be technically sound, properly formalized, and recorded in a timely manner. A PLBrasil Accounting&Finance closely monitors the changes brought about by Law No. 15,270/2025 and offers technical guidance to companies that need to structure their resolution regarding profits, adjust corporate documents, and meet deadlines securely. With preventative analysis and strategic action, it is possible to transform this transition period into an opportunity for tax planning and optimization. The exemption on profits and dividends ends in 2025! Distribute your accumulated profits by December 31, 2025, and avoid the new 10% tax in 2026.
BC Protege+: A new tool from the Central Bank of Brazil against unauthorized account openings
BC Protege+ is a free, voluntary tool launched by the Central Bank of Brazil that allows individuals and legal entities to proactively block the opening of new checking, savings, or payment accounts in their name. By activating the service, the Individual Taxpayer’s Register (CPF) or National Corporate Taxpayer’s Register (CNPJ) becomes part of a database that banks are required to consult before opening any account. Therefore, if there is an attempt to create an account without authorization, the institution must automatically reject the transaction. Why did the Central Bank launch BC Protege+? The rise in fraud involving the opening of bank accounts with forged identities or data stolen has prompted the creation of a preventative blocking mechanism. Especially with the rise of fintechs, digital banks, and online services, it has become urgent to offer users a tool that guarantees control over their CPF or CNPJ within the financial system. The Central Bank considered that simply requiring documents to open an account was not enough to avoid all scams, especially those that use leaked or tampered data. BC Protege+ acts as an entry barrier, preventing the fraudulent account from being created and shielding the user against the misuse of their data. How does this protection work in practice? Any individual or legal entity can join BC Protege+. When activated, the lock prevents: Opening New Accounts: It blocks the creation of checking, savings, or prepaid payment accounts in the name of the CPF or CNPJ; and Misrepresentation: It prevents the user from being listed as the account holder or representative on accounts opened by third parties. Please note that the activation does not interfere with existing accounts, nor with current transactions, Brazilian Instant Payment System (PIX), cards, or active payments. The protection is exclusively for new openings and is reversible. BC Protege+ Benefits Among the main advantages of BC Protege+ are: Fraud and scam prevention: It prevents names from being misused to open third-party accounts; Control over opening of accounts: The decision of who can open an account in their name or represent them returns to the citizen or company; Simplicity and autonomy: Online activation, without red tape, and with the possibility of reversal whenever you want; and Emphasizing the security of the financial system: It works as an additional barrier to prevent fraudulent accounts from entering the system. BC Protege+ Limitations On the other hand, the service does not rule out all risks, for example: The tool does not automatically prevent the opening of payment accounts. Protection depends on the user’s active participation. If the person or company does not activate the block, the risk remains. Who should consider activating it? Protection is especially recommended for individuals or companies that have: History of personal data exposure; Those who fear identity fraud; New or rarely used CNPJ, with no history of banking relationships; and Companies with foreign partners or subsidiaries, to prevent the improper opening of accounts by third parties. Step-by-step guide to joining BC Protege+ To activate protection, simply follow these steps: 1. Access the Central Bank (BC) web portal and log in to “Meu BC” with your gov.br account access (silver or gold level), using two-step authentication; Click on the “BC Protege+” service; Activate the protection to prevent new account openings or inclusions as a representative; and If you want to open an account in the future, simply return to the system and disable the protection. The entire process is free and can be done online, without needing to visit a bank branch or contact financial institutions directly. An important instrument for governance and financial protection BC Protege+ represents a substantial advancement in the policy of protecting citizens and businesses against fraud in the financial system. By allowing users to decide whether they want new accounts opened in their name, the Central Bank provides a direct control mechanism, something that previously depended exclusively on the document analysis of financial institutions. For those dealing with complex corporate structures, companies with multiple branches, or foreign partners, the tool adds a layer of institutional security. It also reflects a new regulatory reality: Fraud prevention begins before the account even exists. Does your company need to submit tax returns to the Central Bank of Brazil? Consult our specialists for guidance and regularization. Does your company need to submit tax returns to the Central Bank of Brazil? Consult our specialists for guidance and regularization. The PLBrasil Group’s Foreign Capital team is available to assist you with the registrations required by the Central Bank of Brazil in the channels below: +55 (11) 3292-5050nn@plbrasil.com.br
CNJ decides: notaries public cannot require a validity date for powers of attorney without a legal basis
The Full Session of the National Council of Justice (CNJ) understood that the generic requirement of a validity period for powers of attorney in notaries public in Minas Gerais may be illegal, except when there is a legal provision or a justified need. The judgment took place within the scope of Administrative Control Procedure 0007885-89.2023.2.00.0000 and resulted in a unanimous decision. The decision reinforces principles of legality and reasonableness, clarifying that a notary public cannot impose special conditions without legal backing or a solid need. The practice analyzed by the CNJ, which involved establishing a validity date for powers of attorney, implied additional costs and, at times, delayed the processing of cases. The Council makes it clear that, only in specific and well-founded cases, such as evidence of falsification or risk to third parties, it is possible to require an update of the document. Although originating in Minas Gerais, the CNJ’s decision will likely influence notaries public in other states, serving as a national guideline. For users, this means fewer barriers to using powers of attorney in notarial acts, reducing rejections based solely on automatic deadline requirements. Each state maintains its own routines, and notary practices may vary according to the interpretation of local oversight bodies. In some cases, additional requirements are still imposed, even after the CNJ’s decision. This is where specialized legal advisory in notarial and registry law makes all the difference: Understanding state regulations and adjusting the power of attorney format can prevent delays and undue requirements. CNJ’s decision is an important step forward in strengthening legal certainty and curbing disproportionate requirements for notaries public. However, it does not dispense with care regarding the content and form of the power of attorney. Details can be crucial in determining whether a document is accepted immediately or, conversely, becomes subject to requirements that delay the process. At PLBrasil Paralegal, we have a team of experts who closely monitor national regulations and local practices in each state, ensuring compliance and providing peace of mind to those who depend on these actions to advance their businesses. Do you need a power of attorney? Rely on our expertise to prepare powers of attorney that prevent rejections and delays in any state. Do you need a power of attorney? Rely on our expertise to prepare powers of attorney that prevent rejections and delays in any state.
ISS in the Municipality of São Paulo: tax benefits for single-profession companies
The municipal law 17.719/21 brought important changes to the classification of so-called single-profession companies (SUP), defined as those where the professionals (partners, employees or not) are qualified to exercise the same activity and provide services personally, on behalf of the company, assuming personal responsibility, in accordance with specific legislation. The most common examples are those dedicated to law, auditing, and accounting. This tax benefit ensures, in the case of properly qualified companies, a different criterion in determining the calculation basis for the ISS (fixed amounts per qualified professional), which means, in some situations, a saving of 95% in the payment of tax. On the other hand, the company is required to submit the Tax Substitution, Exemption, and Immunity Statement (D-SUP), established by the Normative Instruction of the Municipal Finance and Economic Development Secretariat – SF/SUREM No. 13 of September 18, 2015. D-SUP is an additional obligation created by the Municipality of São Paulo for companies that benefit from tax benefits, such as exemptions, immunities, or tax reductions. The main objective is to ensure transparency and control in the use of these benefits, ensuring that they are utilized within legal limits and in a regularized manner. This is, therefore, an obligation intrinsic to the benefit received which, if not fulfilled, may result in the loss of the tax benefit and/or the application of penalties. The D-SUP is delivered annually and is linked to the fiscal year. For the 2025 fiscal year, the delivery deadline started on September 1 and runs until December 30, 2025. However, it is essential that companies pay attention to the specific dates published by the Municipality of São Paulo, which may vary depending on the year. The D-SUP is submitted electronically, through a specific system made available by the Municipality. Factors that prevent classification The classification of a single-profession company under the D-SUP (Electronic Declaration of Single-Profession Companies) can be prevented by several factors, including: Corporate Structure: If the company has a legal entity as a partner or is a partner of another company, it cannot be classified as a single-profession company. Diversity of Activities: The company must exclusively carry out the activity for which the partners are professionally qualified. Any other activity may prevent classification. Services Outsourcing: The outsourcing of services related to the company’s main activity is also an impediment. Business Structure: The company cannot be characterized as a business corporation, meaning there should be no organization of production factors that define an organized economic activity. Tax Liability: Partners must assume personal responsibility for the provision of services as required by specific legislation. These are some of the main factors that can prevent the classification of a single-profession company under the D-SUP. It is important to highlight that monitoring of compliance with requirements is rigorous and continuous. Thus, at any time, if any of the prohibitive factors are identified, the company will be reclassified, resulting in a significant financial impact due to the amounts owed in terms of ISS (Service Tax). For example, it is enough for a firm to provide or simply offer services defined under a CNAE (National Classification of Economic Activities) different from the one used for classification. Similarly, failure to submit the D-SUP will result in reclassification, with an ISS rate ranging from 2% to 5% applied to the gross revenue, depending on the municipality. The process to request a reclassification in the following fiscal year can be quite complicated. The correct submission of the D-SUP ensures that single-profession companies can continue to benefit from the special conditions for ISS collection. It is important, therefore, that companies remain vigilant, submitting the declaration on time and meeting the other requirements set by the legislation. PLBrasil Accounting&Finance has qualified professionals and trained teams to provide full support for any type of registration required for the establishment and operation of your company, including the analysis for classification as a SUP and the submission of the D-SUP. For further information please contact us through the channels below: +55 (11) 3292-5050 nn.sp@plbrasil.com.br
ANAC reinforces the mandatory requirement of Individual Taxpayer’s Register (CPF) or National Corporate Taxpayer’s Register (CNPJ) for aircraft owners
In June 2025, the National Civil Aviation Agency (ANAC) issued Circular Memorandum No. 1/2025/GTRAB/SAR, reiterating that all owners and operators of civil aircraft registered in Brazil must keep their registrations updated with the Brazilian Aeronautical Registry (RAB), providing a valid CPF or CNPJ. A medida não altera a legislação, mas reforça a necessidade de cumprimento de normas já previstas, especialmente na Lei nº 14.129/2021 (Governo Digital) e nas Instruções Normativas RFB nº 2.119/2022 e 2.172/2024, que tratam, entre outras coisas, do Cadastro Nacional da Pessoa Jurídica (CNPJ) e da representação de pessoas físicas e jurídicas domiciliadas no exterior. The memorandum has as its main purpose to reinforce the obligation of identification of owners and operators of civil aircraft in Brazil, including individuals and legal entities domiciled abroad that hold rights over aircraft registered in the country. In such cases, it is mandatory to obtain a CPF (for individuals) or CNPJ (for legal entities), pursuant to the rules of the Federal Revenue Office. For foreign companies, Normative Instruction RFB No. 2.119/2022 also requires the appointment of an attorney-in-fact residing in Brazil, with express powers to receive summons and to manage assets and rights. Failure to comply with these formalities may result in the denial or suspension of the registration with the Brazilian Aeronautical Registry (RAB). ANAC explains that the use of CPF and CNPJ as standardized identifiers allows the RAB to be integrated with systems of other federal bodies, such as the Federal Revenue Office, the National Council of Justice (CNJ), the Department of Airspace Control (DECEA), and airport concessionaires. The measure strengthens ownership control, increases the traceability of information, and contributes to the fulfillment of international security and transparency requirements in the aviation sector. In practice, the memorandum functions as a regulatory reminder: without a valid CPF or CNPJ, it is not possible to carry out new registrations, property transfers, or registration updates. Ongoing proceedings may be suspended until the situation is regularized. More than a mere formality, ANAC’s reinforcement represents a step toward greater governance and oversight in the aeronautical sector. Complying with the requirements of identification and legal representation are essential to maintain the regularity of the registration and to avoid administrative obstacles. PLBrasil Paralegal supports owners, operators, and law firms in the regularization of aeronautical registrations, providing services such as obtaining CPF or CNPJ, legal representation of foreigners, and translation of official documents. Our objective is to ensure compliance and fluidity in proceedings with ANAC and the Federal Revenue Office. Regularize the registration of your aircraft safely! We offer complete support for obtaining CPF/CNPJ, legal representation of foreigners, and compliance with ANAC. Regularize the registration of your aircraft safely! We offer complete support for obtaining CPF/CNPJ, legal representation of foreigners, and compliance with ANAC.
New regulations from SEFAZ-SP for the fuel sector: What changes with SRE Ordinance No. 56/2025?
The São Paulo State Finance and Planning Department (SEFAZ-SP) published, in September 2025, SRE Ordinance No. 56/2025, which amended the traditional CAT Ordinance 02/2011. The changes directly impact companies in the fuel and derivatives sector, encompassing refineries, formulators, importers, distributors, and carriers. The new text updates the state registration, renewal, and registration change process, in addition to reinforcing the need to prove compliance with the National Agency of Petroleum, Natural Gas and Biofuels (ANP). This comprehensive review focuses on the digitalization and traceability of tax and corporate information. One of the main new features is the mandatory use of SIPET (Electronic Tax Petitioning System) for sending documents and registration requests. Before the pandemic, the entire process was done in person, which required the physical submission of significant volumes of documents. Now, the Ordinance has incorporated SIPET as the exclusive protocol channel, linking it to REDESIM. The system centralizes the receipt and analysis of required documents, ensuring greater speed and electronic control over operations. Another relevant change is the creation of a provisional state registration, valid for up to six months, intended for companies in the pre-operational phase. This registration aims to allow the taxpayer to meet the requirements of the ANP (National Agency of Petroleum, Natural Gas and Biofuels) before the effective start of activities. During this period, the company remains active in terms of registration, but is prohibited from starting its activities. This condition is temporary and depends on the subsequent submission of all required documents. The new wording also reinforces the need to communicate changes in the corporate structure, including in holding companies and investment funds, and creates specific mechanisms to assess the financial capacity of new members — a measure that seeks to curb fraud and ensure the sector’s integrity. Furthermore, the ordinance stipulates that any transfer of ownership of the storage facility must be reported to SEFAZ-SP within 30 days, through SIPET. The sharing of fuel distribution bases is now permitted, provided it is limited to five companies and complies with the technical conditions defined by the ANP (National Agency of Petroleum, Natural Gas and Biofuels). Although the new regulations have been in effect since 09/05/2025, practical adaptation remains challenging. Not all companies, especially small-sized ones, have internal processes prepared to operate entirely in a digital environment. It is essential to review registration processes, document control, and corporate governance; otherwise, there may be delays in registrations, registration suspensions, or even ineligibility for state registration. The changes introduced by SRE Ordinance No. 56/2025 reinforce the movement towards modernization and fiscal transparency in the fuel sector. However, they also require increased attention to new routines and deadlines, especially regarding communication via SIPET and the maintenance of establishment registration data. PLBrasil Paralegal closely monitors these changes and their implications with SEFAZ-SP, offering technical support for document adaptation and the electronic filing of registrations and renewals. Our team works to ensure that companies in the sector remain compliant, avoiding tax and operational risks in the face of the new regulatory environment. Ensure your tax compliance! Full support for the new electronic protocol from SEFAZ-SP for the fuel sector. Ensure your tax compliance! Full support for the new electronic protocol from SEFAZ-SP for the fuel sector.
Tax Reform: why does your firm need to prepare now?
The Tax Reform, provided for in Constitutional Amendment No. 132/2023, has already begun to reshape the Brazilian tax system. The changes will come into effect gradually; however, it is important to clarify that, in 2025, the impacts will relate to preparation, tax analysis, and the adjustment of firms for the significant changes to come, and not to the direct collection of the new taxes. In 2026, the CBS (Contribution on Goods and Services) and the IBS (Tax on Goods and Services) will enter a testing phase, with symbolic rates applied in parallel with the current taxes. The collection with effective rates will begin in 2027, still coexisting with PIS (Social Integration Program), Cofins (Social Contribution on Billings), ICMS (Tax on the Circulation of Goods and Services), and ISS (Tax on Services), following a gradual transition schedule until 2033, when the new system will be fully implemented. This is a time for adjustment, planning, and tax review, and having specialized partners is the first step toward turning these changes into opportunities — avoiding operational risks, loss of benefits, and reduced competitiveness. The current model, with taxes such as PIS, Cofins, ICMS, and ISS, will be gradually replaced by: CBS – Contribution on Goods and Services (federal); IBS – Tax on Goods and Services (state and municipal); and IS – Selective Tax (on products harmful to health and the environment). This change is not limited to “replacing codes” in invoices. It requires a complete review of the tax framework and of fiscal and accounting routines, affecting prices, margins, tax credits, cash flow, and even the corporate structure of business groups. Especially for firms with multiple CNPJs (National Corporate Taxpayer’s Register), branches, special tax regimes, or those participating in public bids, the transition will be complex. Among the urgent actions are: Review of the current tax regime – assess whether the Simples Nacional (Simplified Taxation System), Presumed Profit, or Actual Profit regime will continue to be advantageous. Comprehensive tax assessment – map ancillary obligations, hidden risks, and tax credits to be recovered. Transition planning – understand each phase of the reform schedule and its operational impacts. Adjustment of documents, registrations, and agreements – update terms and practices for the new tax system. These steps are strategic for firms that depend on clearance certificates, own real estate property, operate in more than one state, or plan corporate restructuring. In this moment of transformation, having qualified technical support ensures security in decision-making and efficiency in adaptation. The correct interpretation of the new legislation and the strategic management of tax obligations can turn the tax reform from a challenge into an opportunity. Count on those who understand to turn changes into opportunities Learn how to prepare your firm for the new tax reality brought by the tax reform. Count on those who understand to turn changes into opportunities Learn how to prepare your firm for the new tax reality brought by the tax reform.