How does Receita Federal calculate the limitada cap?
Habilita automatically estimates the company's financial capacity and uses it to set the type and the limit. The method is in Coana Ordinance No. 72/2020, which looks at federal taxes paid by the company in the current year and the four previous years.
The cap is measured on the customs value of imports plus freight and insurance to the place of discharge, for each period of six consecutive months. The calculation uses the cost of the goods landed in Brazil, not just the invoice price.
Take a typical case. A company opened a year ago, with little federal tax paid, gets the USD 50,000 limitada. It plans three USD 25,000 lots in the six-month period, with freight and insurance at 10% each. That adds up to USD 82,500, and the third lot does not fit. It needs to request a review before the second shipment, not after the third.