Payment Terms Legislation In Brazil

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Brazil

Please scroll down for a summary of payment terms in Brazil and the various industries across which payment term legislation appears.

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Industries Laws Codes Notes Interest Rate
Government
Comm_terms_law
Construction
Manufacturing
Retail_agriculture
Services

Laws

Article 137 of Law No. 14,133, 1 April 2021, of the Basilian Civil Code allows for termination of contract or supply to public institutions where payment is delayed beyond two months.

Government
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