HOME

LAW FIRM

TEAM

OFFICE PERFORMANCE

PUBLICATIONS

CONTACT

OMBUDSMAN

Tax reform, NFS-e and Petrobras supplier chain financing programs

Petrobras’ live session held on January 22 addressed strategic issues related to Tax Reform, fiscal standardization, and financing mechanisms for the supplier chain, with emphasis on the operational and financial impacts expected from 2026 onward.

In the context of the Tax Reform, Petrobras highlighted challenges arising from the restructuring of service taxation, particularly regarding the Services Tax (ISS). The National Electronic Service Invoice (NFS-e) was presented as a key tool for standardization and transparency, along with a monitoring dashboard tracking municipal adherence to the national model. The session reinforced the importance of correctly issuing the NFS-e and clearly defining contractual clauses related to the economic unit and the municipality entitled to collect the ISS, in order to mitigate tax risks.

The discussion also covered Petrobras’ supplier financing initiatives. The Progredir Program focuses on contract advances, structured through banking lock mechanisms and based on supplier risk, and has already enabled financing exceeding BRL 4.5 billion, mainly via FMM/BNDES.

The Mais Valor Program provides invoice advance payments through a reverse factoring model, with lower risk, same-day settlement, and more competitive rates. Finally, Petrobras announced that the Mais Valor platform will be managed by G&PNet, with implementation expected in the first half of 2026.

Photo: Canva

MORE PUBLICATIONS

Energy price volatility and domestic maritime costs

Energy price volatility and domestic maritime costs

Global oil price volatility, geopolitical tensions and vessel availability constraints continue to affect maritime transportation costs worldwide. For Brazil, these global dynamics are directly relevant to cabotage and offshore logistics, where bunker prices, charter...

Bunker cost volatility and fuel regulation

Bunker cost volatility and fuel regulation

Brazil’s cabotage market is facing increased pressure from freight costs and sharp fluctuations in bunker fuel prices. Bunker fuel remains one of the largest operating expenses for vessel operators, and volatility can directly affect the economics of maritime...

AFRMM exemption and the cost of maritime competitiveness

AFRMM exemption and the cost of maritime competitiveness

Brazilian shipping companies are advocating for a five-year extension of the non-incidence of the AFRMM on certain navigation operations. The sector argues that maintaining the exemption is important to preserve cabotage competitiveness, reduce logistics costs and...