Merchant Navy Shipping Freight Has Reduced AFRMM Tax

Written by Paulo Nogueira

Published on 26/04/2022 at 14:43

Updated on 26/04/2022 at 14:50

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The Freight Surcharge for Renewal of the Merchant Navy Was Created to Support the Development of the Sector

The new amount of the Freight Surcharge for Renewal of the Merchant Navy (AFRMM) is now in effect, reducing the import tax amount. This happened with the promulgation of the vetoed parts of Law No. 14,301 of January 7, 2022, published in the Official Gazette on March 25, 2022. The tax’s main function is to support the reconstruction of the fleet and the Brazilian shipbuilding and repair industry.

Thus, the amounts are as follows:

Long-Distance Navigation (applies to import) – 8% (was 25%);
Cabotage Navigation – 8% (was 10%);
River and Lake Navigation, for the transportation of liquid bulk in the North and Northeast Regions – 40% (remained the same);
River and Lake Navigation, for the transportation of solid bulk and other cargo in the North and Northeast Regions – 8% (was 40%).

“This reduction will be important for reducing the cost of the entire logistics chain in Brazil,” comments Helmuth Hofstatter, CEO of Logcomex. “As a result, the tendency is for products to end up becoming cheaper for the final consumer.”

To calculate the AFRMM, it is necessary to apply the fee on the amount charged for freight. If an Import has a freight (adding all the aforementioned costs) of R$2,000.00, it will be necessary to apply the percentage of 8% + R$21.20 for Merchant System Usage Fee, which will result as follows:

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About Logcomex

Founded in 2016 by entrepreneurs Helmuth Hofstatter Filho and Carlos Souza, Logcomex is a startup that aims to organize global trade information to transform the way companies conduct business. Offering automation and Big Data products for all links in foreign trade, Logcomex operates in two areas: commercial intelligence (market information, bringing data from Brazilian imports, for example) and task automation (with organization and centralization of customer information). Source: Logcomex

Merchant Navy Shipping Freight Has Reduced AFRMM Tax

The Freight Surcharge for Renewal of the Merchant Navy Was Created to Support the Development of the Sector

Thus, the amounts are as follows:

About Logcomex

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Merchant Navy Shipping Freight Has Reduced AFRMM Tax

The Freight Surcharge for Renewal of the Merchant Navy Was Created to Support the Development of the Sector

Thus, the amounts are as follows:

About Logcomex

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Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Four times faster than the Concorde, capable of taking passengers from New York to London in less than an hour at Mach 5.5, and with an engine that switches from turbojet to ramjet mid-flight at Mach 3.5, the Hermeus Quarterhorse went from paper to its first flight in just 19 months.

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She started by collecting oyster shells from restaurants and today she has already accumulated more than 10 tons to restore reefs, recover coastal habitats, and demonstrate how a common waste can become a tool for ocean conservation.

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