“Moral Damages” in Brazil: What Foreign Businesses Need to Know
“Moral damages” (“danos morais”, in Portuguese), refer to compensation awarded to individuals or entities that have suffered non-material harm, such as damage to reputation, violations of personal rights or emotional distress.
Ultimate Beneficial Owner Declaration in Brazil
Brazilian regulation requires all companies, both national and foreign, registered in the National Registry of Legal Entities (CNPJ), to declare the existence or non-existence of an Ultimate Beneficial Owner (UBO) within thirty (30) days from the date of registration with the CNPJ, in accordance with the guidelines contained in the Normative Instruction No. 2119/2022, issued …
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Brand Protection in Brazil: Strategic Negotiation as a Tool to Prevent Litigation
In today’s global economy, trademarks are no longer mere identifiers — they are core business assets that influence brand equity, consumer loyalty, and competitive positioning. For companies operating in Brazil, a jurisdiction that balances formal legal procedures with complex market realities, brand protection must be comprehensive and forward-thinking.
What is Happening in the Data Center Market in Brazil?
The data center market in Brazil is currently experiencing significant growth. With the increasing use of artificial intelligence and cloud applications,
BRAZIL’S LEGAL FRAMEWORK REGARDING DEFAULT INTEREST RATES
Recently, Brazilian legal system underwent a significant reform due to the enactment of Law No. 14,905/2024, published on July 1, 2024.
Brazil’s Ministry of Finance Receives Over 100 Applications from Betting Companies to Operate in 2025
Abstract: Brazil’s Ministry of Finance has received 113 applications from betting companies seeking to operate in the country starting in 2025.
Assignment of Preemptive Rights as a Strategy for Corporate Restructuring
Corporate restructurings have become increasingly common in the Brazilian business landscape, driven by the need to adapt to a dynamic and competitive economic environment.
BRAZIL INTRODUCES GLOBE MINIMUM TAX RULES: MEDIDA PROVISÓRIA NO. 1.262
On October 3, 2024, Brazil introduced Medida Provisória No. 1.262, aligning its tax regulations with the OECD’s Global Anti-Base Erosion (GloBE) Rules.
Dispute Boards in Public Contracts in Brazil
The adoption of alternative dispute resolution mechanisms has proven to be an effective strategy to ensure the successful execution of public contracts.
Expatriation of Employees: Understanding Companies’ Legal Obligations and the Rights Involved
The expatriation of employees is a common practice for companies looking to expand their operations abroad or meet international demands, becoming increasingly prevalent due to globalization.