SISCOMEX Sample Clauses

SISCOMEX. The Integrated Foreign Trade System (Sistema Integrado de Comercio Exterior – SISCOMEX) is a consolidated information database through which the registration, monitoring, and control of foreign trade transactions are performed. SISCOMEX fosters integrated actions by all foreign trade oversight agencies, providing follow-up, guidance, and control of the various stages of the export and import process. Under the SISCOMEX, government agencies are classified as managing or consenting bodies.  Managing Bodies: SECEX, SRFB, and BACEN;  Consenting Bodies: agencies charged with reviewing and approving (or denying), within the scope of their duties and powers, export or import transactions involving specific types of goods, by virtue of the nature of the respective products or of the transaction in question. To execute the export or import of goods through the SISCOMEX, the respective company or its representative must register for the transaction on the SISCOMEX through obtainment of a password. The participation of legally constituted entities in foreign trade transactions requires a prior review by SRFB of all registration and tax information. The SISCOMEX may be accessed at: xxxx://xxx.xxxxxxxxxxxxxxx.xxx.xx/portalmdic/siscomex/index.html.