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Historic law boosts Brazilian naval industry with tax incentives, generating R$2,4 billion in the economy and modernizing the national fleet

Written by Caio Aviz
Published 07/01/2025 às 22:27
Offshore platform under construction highlighting the Brazilian naval industry driven by Law 15.075. Image: Petrobras Agency.
Featured offshore platform, representing the advancement of the Brazilian naval industry with tax incentives and job creation. Petrobras Agency.

The new legislation is transforming the shipbuilding industry in Brazil, generating jobs, modernizing the national fleet and attracting billions in investments to strengthen the country's economy.

Certainly, with the sanction of the 15.075 Law, Brazil is taking a fundamental step towards transforming the shipbuilding industry into a more competitive and innovative sector. In addition, the legislation combines tax incentives and regulatory flexibility, which in turn promises to not only create thousands of jobs, but also attract significant investment and modernize the national fleet. In this way, the country is strategically positioned in the global maritime scenario, with clear advantages in economic and social terms.

What changes with Law 15.075?

First of all, it is important to highlight that Law 15.075 brings changes that directly impact the naval sector. For example, accelerated depreciation for tankers built in national shipyards will allow companies to reduce their tax burden more quickly, which encourages new investments. In addition, the relaxation of local content rules, which now allows the transfer of excess credits between companies in the same consortium, reduces costs and improves competitiveness. With this, Brazil creates a more attractive environment for domestic and foreign investors, promoting sustainable growth.

Direct impact on the economy and jobs

There is no doubt that this legislation will have significant effects on the economy and job creation. To begin with, it is estimated that the law will inject R$2,4 billion into the economy and raise R$824 million in indirect taxes, which will certainly strengthen the sector. In addition, the construction of new ships in national shipyards will create thousands of direct and indirect jobs, especially in coastal regions, where economic activity will be strongly boosted. In this way, Brazil will also reduce its dependence on foreign vessels, strengthening its economic autonomy.

Benefits of local content flexibility

The flexibility of local content is certainly one of the most celebrated changes in the shipping industry and the oil and gas sector. Before this, companies faced several barriers to meeting local content requirements in exploration and production contracts. Now, with the possibility of transferring excess credits between companies, the process becomes not only more efficient, but also much more attractive for new investments. With this, companies will be able to reduce operating costs, adopt modern technologies and, consequently, increase their competitiveness in the global market.

Accelerated depreciation as a strategic factor

There is no doubt that accelerated asset depreciation is a central strategic factor in Law 15.075. This measure, for example, allows companies to quickly reduce their tax burden, freeing up resources that can be reinvested in new projects. In addition, the modernization of the Brazilian fleet will be accelerated, which will have a direct impact on reducing dependence on imports. In this way, Brazil will strengthen its trade balance and, at the same time, position the shipbuilding industry as a strategic sector for the country's economic growth.

Prospects for the future of the naval industry

There is no doubt that the outlook for the future of the Brazilian shipbuilding industry is extremely positive. Firstly, the renewal of the fleet and the strengthening of cabotage will position Brazil as one of the global leaders in the maritime sector. Furthermore, the construction of new vessels will directly contribute to the reindustrialization of the country, while also generating thousands of qualified jobs. In this way, Brazil will have the opportunity to increase its competitiveness and meet growing global demands, consolidating its prominent position in the international market.

A milestone for the naval industry

Finally, the enactment of Law 15.075 marks a turning point for the Brazilian shipbuilding industry, with clear benefits in several areas. The combination of tax incentives, regulatory flexibility and incentives for modernization offers Brazil a unique opportunity to stand out globally. Furthermore, the changes brought about by the new legislation not only attract investment, but also generate jobs and strengthen the national economy. Thus, the future of the shipbuilding industry in Brazil promises to be more dynamic, competitive and sustainable, ensuring that the country consolidates its position as a global leader in the maritime sector.

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Caio Aviz

I write about the offshore market, oil and gas, job vacancies, renewable energy, mining, economy, innovation, geopolitics and government. Always seeking daily updates and relevant topics, I expose rich, considerable and meaningful content.

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