The Customs Warehousing Regime can be operated in oil drilling platforms under conversion or construction in the country, or at facilities located on the shore, shipyards intended for the construction of oil drilling platforms, its modules and maritime structures, built by Brazilian companies hired by companies headquartered overseas.

Therefore, companies that build platforms, modules, and equipment for the platform can benefit from this Regime.

Qualification

The qualification requires that the legal person is hired by a company headquartered overseas for the construction or conversion of an oil and natural gas platform, submits the documentation required by the Federal Revenue Service, and has an automated control system for goods movements.
The regimen award will be requested through a proper form to be submitted to the Federal Revenue Service with the documents required by Normative Instruction 513 of 17 February 2005.   

Goods Allowed

Supplies, parts, and equipment required for the construction of a Platform or its modular units.

Advantages of the Regime

- Suspension of federal taxes.
- Entry of imported and domestic goods,
- Exempt from LI (Import License) except for a few cases.
- Full suspension of the Import Tax Regime.
- Entry of imported goods with or without exchange coverage.

The Customs Warehousing System

In order to qualify for the warehousing regimen, the Federal Revenue Service requires that the company has automated entry, movement, inventory, production and/or services, and exit of the goods under the regimen, as well as control on the suspension of taxes on foreign trade.

Information on the Customs Warehousing system.

The Customs Warehousing System controls:

- The entry, stay, and exit of goods under the Regime;
- Movements of goods for industrialization;
- Production control: records of supplies, description of the industrialization process, production orders, losses, and waste;
- Movements of goods for the execution of services;
- Services: records of the supplies used, types of services offered, description of the service execution process and its records and internal controls, losses, and waste;
- Inventory of supplies by NCM code and Part Number, based on customs and tax documents;
- Inventory of products by NCM code and Part Number, based on production orders or execution of services;
- Import tax suspension;
- Time the goods stay under the regimen; and
- Issues the reports required by the Federal Revenue Service according to their Declaratory Act.

Advantages of the LDC Warehouse system:

- Integration with Siscomex
- Integration with the company's ERP
- Available online 24/7
- Does not require a dedicated machine
- The information resides in a datacenter infrastructure, with redundancy.

+ Information on LDC systems :