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 86 of Law No. 8,666, 21 June 1993, of the Basilian Civil Code allows for termination of contract or supply to public institutions where payment is delayed beyond 90 days.

Government
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