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Payment Terms Legislation In Brazil

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Brazil

Please see below for a summary of payment terms in Brazil and the various industries across which payment term legislation appears. You can also download a summary of all Brazilian payment terms by clicking the button below.
Industries Laws Codes Notes Interest Rate
Government
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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.

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