You probably already understand the impact that potential changes in legislation can have on a company's reality. However, monitoring all the actions of the Legislative Branch efficiently, to anticipate possible changes, can be exhausting work.
Daily monitoring of the entire legislative process – often not only at the federal level, but also at the state and municipal level – is essential to avoid being caught off guard by regulatory changes. These changes can significantly harm entire sectors overnight.
The big issue is that the volume of proposals being processed is russia mobile database extremely large, which makes manual monitoring expensive, complex and prone to errors. The good news is that today it is possible to use technology as an ally. Inteligov has an entirely digital solution to make legislative monitoring agile, effective and much less laborious.
The importance of monitoring the actions of the Legislative Branch
The Legislative Branch, in the case of Brazil especially the National Congress, has extremely broad regulatory powers, being responsible for approving laws and other rules that regulate the most diverse topics , in addition to overseeing the Executive Branch.
Especially when it comes to business activities, regulations are issued daily on a number of topics that can directly or indirectly affect day-to-day business. Companies that do not pay attention to regulatory reality may encounter serious problems without even identifying the origin. Some examples of these situations are:
Establishment or increase of taxes, which may impact the company's finances;
Changes in labor rights, impacting the payroll or the way the organization hires and manages its human resources;
Creation of tax benefit hypotheses for certain sectors, changing competitiveness in the market.
Lack of knowledge of regulatory proposals that may interfere with the competitiveness of the business;
Compliance failures , mainly due to being out of date with recently approved standards;
Increased tax burden — although laws that have this effect need to wait a certain amount of time to come into effect, the company may need even more time to structure its budget;
Failure to take advantage of tax benefits or incentives due to lack of knowledge;
Sudden changes in market structure and economic policies;
The structure of the Legislative Branch in Brazil also results in a large number of normative acts being produced. Every year, at the federal, state, district and municipal levels, a large number of laws and regulations come into force, are revoked or changed.
Discover how to more efficiently monitor the actions of the legislative branch
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