The bill allows companies to allocate up to 4% of their income tax to social projects related to sports.
Sports are not just a physical activity. They are also a tool for social transformation, a bridge to the future, and a path of hope for thousands of vulnerable children and adolescents. And to ensure even more benefits for projects in this area, a new Sports Incentive Bill has been approved by the Senate and, if enacted, more companies will be able to support sports projects.
This is an important step toward expanding opportunities for institutions that run sports projects. Complementary Bill 234/2024 updates the Sports Incentive Law, increasing the potential for social investment by companies. The text, however, is still awaiting presidential approval and may be approved in its entirety, with partial vetoes, or even vetoed completely. If approved, the changes will take effect in 2028.
The proposal approved by Congress in July 2025 provides for the Sports Incentive Law to become permanent, which guarantees legal certainty for those who support and carry out social projects. In addition, the bill increases the tax deduction limit for companies from 2% to 3% of income tax due.
When projects focus on social inclusion, as is the case with Ramacrisna’s initiatives, the limit can reach 4%. In other words, if sanctioned, your company will be able to invest even more in transforming lives and receive this amount back via income tax rebates.
Another important change provided for in the text is that the ceiling of the Sports Incentive Law will no longer compete with other tax incentives, such as those for culture or health. This expands the possibilities for companies that wish to diversify their social investments.
In practice, the bill represents a step forward in the coordination between public authorities, the third sector, and private initiative. If approved, it will mean more security for social organizations such as the Ramacrisna Institute, which for 66 years has believed in the power of sports to shape citizens.
Sports are a universal language because they teach discipline, respect, teamwork, and, above all, self-esteem. In other words, when a child puts on a uniform to train or compete, they also put on a dream. They feel part of something bigger. And that is exactly what Ramacrisna believes. Sports projects offer space, structure, support, and, above all, opportunity for socially vulnerable children and young people in Betim and other cities in Greater Belo Horizonte.
With the support of partner companies, we have already brought sports activities such as soccer, volleyball, judo, and chess to hundreds of children and adolescents in the Belo Horizonte Metropolitan Region. The impact goes beyond the court: it improves school performance, reduces dropout rates, strengthens family ties, and opens doors to the future.
Supporting projects through the Sports Incentive Law is simpler than it seems. Just select a project approved by the Ministry of Sports, establish a partnership with the proposing organization, and formalize the donation or sponsorship.
Companies that choose to support projects through the Sports Incentive Law strengthen their institutional image, gain positive visibility, and align themselves with ESG guidelines. In addition, they can closely monitor the impact generated — with reports, indicators, and real stories.
In this way, it is a two-way street: while you promote citizenship, inclusion, and development, you also reap tax and institutional benefits.
Currently, Ramacrisna has two projects available to receive support from companies that wish to generate social impact with responsibility and tax returns. Xeque-Mate II aims to promote sports experiences through chess and is focused on educational sports. Raízes do Esporte (Roots of Sport) aims to serve children and adolescents between the ages of 6 and 18 through the practice of soccer, chess, volleyball, futsal, and peteca. Finally, Tatame Cidadão (Citizen Tatami) aims to promote sports through the practice of judo.
The Xeque-Mate 2 and Raízes do Esporte projects are open for funding via the Sports Incentive Law, with income tax deductions for companies taxed on actual profits. Tatame Cidadão, on the other hand, is available for funding through the State Sports Incentive Law.
If you would like to learn more or secure your participation, please contact Ramacrisna or use the available bank details to formalize the allocation of funds.
