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Brazil: benefits for the recycling industry

A new Brazilian law on incentives for the recycling industry (Law nº 14.260/2021), recently enacted in August 2022, introduces tax incentives for recycling projects, through the tax deduction of income tax. More specifically, projects for:

  1. capacitation, formation, promotion for the school/academic, business areas, community associations and social organizations with the objective of promoting, developing, executing or promoting recycling or material reuse activities;

  2. incubation of micro-enterprises, small businesses, cooperatives and solidary social enterprises that work in recycling activities;

  3. research and studies to support actions that involve shared responsibility for the life cycle of products;

  4. implementation and adaptation of the physical infrastructure of micro-enterprises, small businesses, industries, cooperatives and associations of collectors of reusable and recyclable materials;

  5. acquisition of equipment and vehicles for selective collection, reuse, processing, treatment and recycling of materials by industries, micro-enterprises, small businesses, cooperatives and associations of collectors of reusable and recyclable materials;

  6. organization of marketing networks and production chains, and support for these networks, made up of micro-enterprises, small businesses, cooperatives and associations of collectors of reusable and recyclable materials;

  7. strengthening the participation of collectors of reusable and recyclable materials in recycling chains;

  8. development of new technologies to add value to the work of collecting reusable and recyclable materials

For companies taxed based on real income with profits, it is an opportunity to invest in projects aimed at recycling, given the deduction provided for by law will come into effect as of January 1, 2023.


Click below for the full article by Mattos Filho law firm.



Photo: CarbonCreditMarkets, São Paulo, Brasil, January 2020. Startup https://www.cataki.org. "Don't honk, say good morning!"."Call me on the app".


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