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ARTICLE · 23 JULY 2013

Annual Foreign Capital Census

According to Circular No. 3,602, dated June 25, 2012, and Circular Letter No. 3,603, dated June 27, 2013, issued by the Central Bank of Brazil, the information, with a base date of December 31, 2012, relating to the Annual Foreign Capital Census, the purpose of which is to collect information on foreign investments in Brazil, should be reported to BACEN by means of its electronic system available on its website, up until August 15, 2013.

BrazilCorporate/Commercial Law
Felsberg E Associados'S Corporate Finance Department
Felsberg E Associados'S Corporate Finance Department

According to Circular No. 3,602, dated June 25, 2012, and Circular Letter No. 3,603, dated June 27, 2013, issued by the Central Bank of Brazil ("BACEN"), the information, with a base date of December 31, 2012, relating to the Annual Foreign Capital Census ("Annual Census"), the purpose of which is to collect information on foreign investments in Brazil, should be reported to BACEN by means of its electronic system available on its website, up until August 15, 2013.

The declarations required by the Annual Census must be provided by:

(i)         legal entities with head offices in Brazil, the corporate capital of which bears the direct participation of non-residents, in any amount, and net equity equivalent to or higher than USD100 million, on December 31, 2012; and

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