With the recent sanction of Law 14.790/2023 by the Brazilian government, the online sports betting sector has entered a new phase of regulation and legalization.

The changes bring clear guidelines on taxation and the criteria necessary for bookmakers to operate regularly in the country. If you are part of this segment or want to find out more about the new rules, read on to find out all the details about the regulations and how your company can comply.

What does the new law say?

Law 14.790/2023, sanctioned by President Lula in December 2023, marks a significant step forward in the regulation of online sports betting in Brazil. As of this law, betting companies and bettors themselves are obliged to collect the taxes due in the country, with the aim of increasing revenue and allocating these funds to essential areas such as health, education and public safety(

  • Distribution of ResourcesThe new legislation defines that 88% of the gross turnover of betting companies can be used to fund the activity, while 12% of the taxes collected will be used for the Social Security Contribution, education, tourism, health, public security and sports.
  • Rates and VetoesThe law also establishes that the 15% tax rate will be levied on all sports bets, regardless of their value. This ensures that the government can collect more effectively, avoiding loopholes that could reduce the taxable amount.

Deadlines and criteria for regularization

O Ministry of Finance has published an ordinance stating that all bookmakers wishing to operate in Brazil will have until the end of 2024 to become regularized. From January 1st, 2025Any company that fails to comply with the rules will be subject to penalties, including the suspension of your site.

Criteria for authorization

In order to receive authorization to operate, bookmakers must meet requirements related to five categories:

  1. Legal QualificationProof of the company's good standing and reputation.
  2. Tax and Labor Compliance: Be up to date with all tax and labor obligations.
  3. Economic and Financial QualificationThe company must prove a net worth of at least R$ 30 million.
  4. Technical QualificationDemonstrate expertise and capacity to operate in compliance with sector regulations.
  5. Governance PoliciesThe adoption of anti-money laundering, responsible gaming and betting integrity policies is mandatory.

The payment of R$ 30 million to the Union is also required for the company to be able to exploit up to 3 trademarks in the national territory, for a period of 5 years

Read more about: São Paulo regulates ISS for sports betting

How can CLM Controller help your company comply?

A CLM Controller has a team of specialists ready to help companies in the sports betting sector adapt to the new regulations. With expertise in legal clearance, tax and labor compliance, economic-financial and technical qualification, our team can offer all the support your company needs to meet all the criteria required by the Brazilian government.

Don't take risks! Make sure your company is compliant and operating legally in Brazil. Contact CLM Controller and ensure that your business is legal today.

How-to-obtain-authorization-for-fixed-quota-bets.jpg

Regularize your business

Accounting Solutions for Bets 

Request an appointment

Facade of the premium accounting firm CLM Controller in São Paulo

Upgrade your finances:

Talk to us!

WHATSAPP CHAT

Accounting for E-commerce: fiscal and financial management of your online business

In this comprehensive guide, CLM Controller Contabilidade explains everything you need to know about [...]

How to optimize tax compliance in holding companies with several CNPJs

Tax compliance in holding companies guarantees security and efficiency in the management of multiple CNPJs, reducing risks [...]

I split my income tax and didn't pay: Find out what to do and understand the consequences

In this article, we'll explain in detail what LCIs are, what changes [...]

Can foreigners open a company in Brazil?

In this guide, you will understand how to open a company in Brazil as a foreigner, what documents are [...]

Tax classification of goods: how to avoid errors in import and export operations

Avoid fines and losses due to errors in tax classification. Understand how to correctly apply the NCM [...]

What happens if you don't pay your income tax installments?

we're going to clearly explain how the IR calculation works, and give you an idea of [...]

Will dividends be taxed in 2026? Understand what's changing and how to prepare

From 2026, a new 10% tax on dividends will come into play, according to [...]

How to avoid tax risks in international operations

Discover effective ways to mitigate tax risks in international operations and protect your company from [...]

Deixe um comentário

Your email address will not be published. Campos obrigatórios são marcados com *

3 + 16 =

By continuing, you agree that this website uses cookies only for statistical purposes and functions that enhance your browsing, without personal tracking.