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[BUSINESS] · Brazil · 3 sources

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Brazil agribusiness firms must report R&D tax incentives by August 31

Agribusiness companies in Brazil that utilized tax incentives under the Lei do Bem in 2025 have until August 31 to report their research, development, and innovation projects to the government.

Reports must be submitted via the Research and Development Form (FormP&D) to the Ministry of Science, Technology and Innovation (MCTI). This requirement is an obligation to disclose investments and benefits already utilized during the 2025 base year, rather than a new application period. Companies are required to detail the projects developed, technological challenges encountered, results achieved, and specific expenditures.

Established by Law No. 11,196 of 2005, the Lei do Bem allows companies taxed under the 'Lucro Real' regime to reduce their corporate income tax (IRPJ) and social contribution on net profit (CSLL) bases. Generally, companies can exclude 60% of eligible research and innovation expenses from their taxable base, a figure that can rise to 70% or 80% based on the number of researchers hired. An additional 20% exclusion may apply to projects resulting in granted patents or registered cultivars.

Entities

Brazil · Ministry of Science, Technology and Innovation

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