What is

Simplex is an initiative of the Brazilian government in the desburocratizar sense the operations of export of small values–even US$ 50.000,00 (dollars of United States), or the equivalent in another coins.

Legal base

• Simplified exchange (Simplex)

To circulate no. 2836, of 08/09/1998, of the Central Bank of Brazil–it Creates the systematic of the simplified exchange and it allows that the entrance of the values is driven through credit card emitted in the exterior.

• Simplified registration of Export (CATTLES)

Release Decex no. 25, 04/09/1998–I GIVE of 10/09/1998

• Simplified declaration of Export (DSE)

Normative introduction SRF no. 25, 22/12/1999–I GIVE of 27/12/1999, rectified in I GIVE it of 29/12/1999 and in I GIVE it of 06/01/2000

To circulate no. 2967, of 11/02/2000, of the Central Bank of Brazil–it Introduces DSE and it allows the use of the Registration of Export (RE) in the operations of the species.

Advantages

• It releases of the formalização of the exchange contract, being just enough the preenchimento of the ticket;

• Decrease of the formalização of the exchange contract, being just enough the preenchimento of the ticket;

• Use of the registration of Export Simplifying (CATTLES) with just 14 fields or of the Simplified Declaration of Export (DSE);

• It releases of the presentation of the documents that you/they check the export;

• It releases of the vinculação of the exchange contract to the export document (RE, CATTLES or DSE).

Obs: THE exporter should maintain for 5 years all the documents of the export for an eventual solicitation of the Central Bank of Brazil.

Modalities

• Exchange ticket

 The operation can be celebrated before or after it embarks him of the merchandise.
To observe, however, that the maximum prazo is of until previous or posterior 90 days to the date of the it embarks.

To present letter to the bank authorizing:

• The recruiting of the simplified exchange;
• The credit the corresponding contravalor;
• The debit of the incident expenses, if there is.

Documents

• Ticket of Exchange

Characteristics:

• Filled by the bank and signed by the exporter;
• Information be she supplied by the exporter to the bank:

Social reason;
Number in the National Cadaster of legal entity (CNPJ);
I address complete, besides telephone for contact;
Agency and checking account;
Value in foreign coin.

• Simplified registration of Export (CATTLES)

Characteristics:

• Filled by the exporter;
• I document electronic processed by means of specific function in the Integrated System of External Trade (Siscomex)
• It aids normal exports of goods (code 80.000) until the value of US$ 50 thousand or equivalent in another coins;.
• Validity for use of 5 days, elapsed that period, him CATTLES will be canceled automatically;
• They cannot be object of the CATTLES, the operations:

Linked to the Regime Automotivo;
Subject to the incidence of the Tax of Exhortation;
Subject to special procedures (it would Carry Secex no. 2);

Of exports contingenciadas, such as export of textile.