SIMPLES NACIONAL

 

Check if your company qualifies!

Pursuant to the Brazilian IRS' simplified definition, Simples Nacional is a shared regimen of tax collection, recovery, and inspection applicable to Micro Enterprises (ME) and small-sized enterprises (EPP), provided by Supplementary Law no. 123, of December 14, 2006, updated by Supplementary Law no. 155, of 2016.

Simples Nacional comprehends various taxes, such as IRPJ (Corporate Income Tax), CSLL, PIS/Pasep, Cofins, IPI, ICMS, ISS, and Social Security Contribution, at the corporate level (CPP), all of them collected by means of one single collection document, named DAS, which shall be paid no later than the 20th every month.

Main conditions required for Simples Nacional qualification:

  • Be a micro enterprise (ME) or a small-sized enterprise (EPP);

  • Meet the requirements provided by the applicable legislation; and

  • Formalize the option for Simples Nacional (The formal qualification is not automatic!).

For calculating the tax due, first there is need for calculating the effective rate, given by the following formula:

Effective Rate = (Accumulated Gross Revenue Last 12 Months) x (Nominal Rate) - (Deductible)

(Accumulated Gross Revenue Last 12 Months)

The amounts of "Nominal Rate" and "Deductible" are provided by Annexes, pursuant to the corporate activity (CNAE) and the corporate gross revenue accumulated over the last 12 months. Check the rates in each annex:  

ANNEX 1: TRADE

*Cálculo realizado considerando o teto da faixa

ANNEX 2: INDUSTRY

*Cálculo realizado considerando o teto da faixa

ANNEX 3: LEASE OF MOVABLE PROPERTY

*Cálculo realizado considerando o teto da faixa

ANNEX 4: SERVICES - CONSTRUCTION

*Cálculo realizado considerando o teto da faixa

ANNEX 5: SERVICES

*Cálculo realizado considerando o teto da faixa

In view of the the variability of invoiving brackets in the Simples Nacional System, ASCON suggests that you work with the rates for the invoicing ceiling.
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© 2018 by Solutions Group

© 2018 by Solutions Group

© 2018 by Solutions Group