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BRAZIL INTRODUCES GLOBE MINIMUM TAX RULES: MEDIDA PROVISÓRIA NO. 1.262

Finocchio & Ustra Sociedade de Advogados | October 24, 2024

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

Finocchio & Ustra Sociedade de Advogados | August 28, 2024

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

Finocchio & Ustra Sociedade de Advogados | August 21, 2024

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.

Breaking Borders: Non-Resident Executives in Brazil

Finocchio & Ustra Sociedade de Advogados | July 2, 2024

Brazilian Federal Law 14.195/21 (known as the “Business Environment Law”) was enacted to streamline and diminish bureaucracy in Brazil’s business environment.

Brazilian PAC-3: Public Procurements and Private Sector Partnerships

| August 22, 2023

In this month of August, the Brazilian government announced the reestablishment of the Growth Acceleration Plan (PAC-3), encompassing a series of initiatives aimed at fostering investment in various sectors of the Brazilian economy over the coming years.

Court-supervised Reorganization and Bankruptcy

Finocchio & Ustra Sociedade de Advogados | September 2, 2022

The Law on court-supervised reorganization and Bankruptcy (Law 11,101/2005) was created in 2005 and underwent some changes in 2020. The sanction of Law 14,112 brought some news to creditors and debtors on matters regarding: mediation, stay of proceedings, provisional asset protection, reorganization plan presented by creditors, financing for debtors undergoing reorganization, fresh start, individual rural …

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Considerations about Brazil’s Accession to the OECD

Finocchio & Ustra Sociedade de Advogados | August 9, 2022

In the last few decades, the Organization for Economic Co-operation and Development (OECD) has gained greater prominence in the international economic scenario, especially in the Brazilian panorama, as there has been a considerable rapprochement between the Country and the Organization. Although Brazil has been engaged with the OECD since 1994, it became a key partner …

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Brazil: are we more mature about corporate compliance best practices?

Finocchio & Ustra Sociedade de Advogados | May 4, 2022

To optimize your time, the answer to the above question will be given in the first sentence of this article: it seems so. At least this is the feeling we get when we read news about situations that, in the recent past, would not be on the agenda.

Good news for the Brazilian footballing industry

Finocchio & Ustra Sociedade de Advogados | April 11, 2022

In August 2021, during the Covid-19 pandemic, the Brazilian President passed a law long-awaited by the football teams throughout the country – Law No.14,193/2021, known as the “Lei da Sociedade Anônima de Futebol (SAF)”, or the Football Corporation Law. This law finally allowed football teams to be incorporated as a corporation (SAF – football corporation), …

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Brazilian new railway legislation (and why it may be a great opportunity for passenger rail transport investments)

Finocchio & Ustra Sociedade de Advogados | February 28, 2022

At the end of 2021, the new Brazilian railway law (Law nº 14.273/2021) was finally approved, it promises to facilitate and optimize the expansion of railway transport and, as a consequence, to expand the already existing options to the outflow of goods throughout the country. With the consolidation of the brand new authorization regime – …

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