Approval and closure of the contract
After the negotiation, the hiring goes through internal approval processes and the signatures of the draft previously accepted in step 2 are collected.
In order for the supplier to have the opportunity to register his/her tax exemptions prior to the payment and tax collection step, Vale's employee must register the tax rules in the Vale Procurement Global Services tool. In this environment, information such as assignment acts, special regimes and judicial measures must be registered, attaching the supporting documents.