Instruction 1,634/2016

Deadline for companies and others obliged to provide information about their ultimate beneficial owners is 12/31/2018.

National entities, as well as entities domiciled abroad that hold interest in a company in Brazil must provide information to the Brazilian Federal Revenue Service about their ultimate beneficial owners (UBO)¹.

1. Who must provide information about beneficial owners?
2. What is a beneficial owner?
3. What documents and information must be submitted?
4. Who does not need to provide information?
5. When must entities provide such information?
6. What happens if the information is not provided by entities domiciled abroad?

1. Who must provide information about beneficial owners?