16 March 2020 – Reduced certain payment contributions required of employers

Intervention Categories: Legal and policy; Regulatory change; Finance policy and financial aid; Stimulus packages and financial support
Level of Jurisdiction: National

Overview: The Ministry of Economy postponed, for three months, the period that companies have to pay Severance Pay Fund (FGTS) and also the part referring to the portion of the Union in Simples Nacional. During this three-month period, contributions due to System S will be reduced by 50%.
Full details here: https://www.gov.br/economia/pt-br/assuntos/noticias/2020/marco/ministerio-da-economia-anuncia-medidas-para-diminuir-o-impacto-do-coronavirus-no-pais