Grants exemption or reduction of the Tax on Industrialized Products (IPI) for companies investing in activities of R&D in information technology. The information technology and automation goods and services whose production may receive incentives are described in Article 2nd of Decree 5.906/ 2006.
Regarding to required investments in R&D, the values are modified as the reduction in the IPI reduction percentage advances. So, it is essential to follow the table available on the Ministry of Science, Technology and Innovation (MCTI) website:
Companies are also required to submit financial reports to the MCTI on their investments and to collect the counterpart to the Sectorial Fund CT-Info, which integrates the Fundo Nacional de Desenvolvimento Científico e Tecnológico – FNDCT (National Fund for Scientific and Technological Development)