The Federal Revenue Administration allows the Chinese company Temu to operate in Brazil

a Timoa Chinese start-up company in E-CommerceHe obtained a license from tax authority To work in Brazil, according to the rules of the program Shipping matching. The declaratory law was published in DOU (Official Journal of the Union) Monday (May 20, 2024). here complete For the document (PDF – 78 KB).

It is now possible to access Brazilian site From Timo. The company will initially sell men’s, women’s and children’s clothing, as well as shoes, jewelry, pet products and accessories. On the platform, the startup provides information about the purchase tax charging process. Read the complete (PDF – 431 KB).

Temu will operate under Conform Remittance rules, which exempt purchases up to US$50 from registered businesses from import tax. The program specifies tax collection up front, and on purchases over $50, the tax rate is up to 60%. The exemption does not apply to ICMS (tax on circulation of goods and services) imposed by states.

Entry to Brazil

Chinese technology startup arrives in Brazil to rival companies E-Commerce like Shoppe, it is in that it AliExpress.

In Latin America, Temu is already operational in Chile, Colombia, Mexico, Peru, the Dominican Republic and Uruguay, and since May 2023 it is the most downloaded shopping app in the world, as ranked by App Magic, with 206 million downloads.