ANEEL – Brazilian Electricity Regulatory Agency
BACEN – Central Bank of Brazil
BPO – Business Process Outsourcing
CAPEX – Capital Expenditure
CBS – VAT – Contribution on Goods and Services (to replace PIS and COFINS – Federal Contributions)
CNC – Consolidation of Exchange Regulations
CNPJ – National Registry of Legal Entities
CPCs – Brazilian Accounting Standards Committee pronouncements, almost comparable to IFRS
CVM – SEC – Securities and Exchange Commission of Brazil
DCTF – Federal Tax Debt and Credit Report
Due Diligence – Investigation and validation process prior to financial, legal, or business decisions (commonly in M&A). Typical areas include Financial, Legal, Commercial, Operational, and ESG (Environmental, Social & Governance)
ECD – Digital Accounting Report
ECF – Digital Tax Report
EFD-Contribuições – Digital Tax Bookkeeping – PIS/COFINS
EFD-REINF – Digital Tax Bookkeeping – Withholding Taxes and Other Information
ERP – Enterprise Resource Planning
IBS – VAT – Tax on Goods and Services (to replace State tax – ICMS and Mayor tax – ISS)
IFRS – International Financial Reporting Standards
INE – Interest on Net Equity
“Lei do Bem” (Law 11.196/2005) – A key tax incentive mechanism for companies engaged in R&D in Brazil, providing tax benefits under the Real Profit regime
M&A – Mergers & Acquisitions
OECD/BEPS – Organization for Economic Co-operation and Development / Base Erosion and Profit Shifting
OPEX – Operational Expenditure
PER-DCOMP – Electronic Refund/Offset Request
SCE-Credit (ex RDE-ROF) – System of information about Foreign Credit Operation under BACEN supervision
SCE-IED (ex RDE-IED) – Electronic Declaratory Registration – Foreign Direct Investment under BACEN supervision
SSC (Shared Services Center) – Centralized administrative unit managing services for multiple organizations within the same corporate group, providing cost reduction, efficiency, and standardized control
VAT – Value-Added Tax
