ArticleCentral Bank Authorizes Company Capitalization With Virtual AssetsOn September 11, the Central Bank of Brazil (BCB) published Resolution No. 410, which amends Resolution No. 278, the main regulation governing Law No. 14,286...BrazilFinance and BankingKLA Advogados
ArticleCentral Bank Updates Rules For Registering Foreign CapitalResolution BCB No. 410 updates rules for registering foreign investments, removes some reporting obligations, and reorganizes information disclosure...BrazilFinance and BankingKLA Advogados
ArticlePossibility Of Prepayment Of Infrastructure DebenturesThe Brazilian Monetary Counsel has authorized, in accordance with Resolution 4.476, issued on April 11, 2016, the prepayment of infrastructure debentures described in Article 2 of Law 12.431/2011.BrazilFinance and BankingTrench Rossi Watanabe Advogados
ArticleDirect Foreign Investment In The Brazilian Health Sector | Federal Law # 13,097/2015On 01.20.2015, the Brazilian Provisional Measure # 656/2014 was converted into the Brazilian Federal Law # 13,097/2015.BrazilFood, Drugs, Healthcare, Life SciencesVeirano e Advogados Associados
ArticleBrazil Opens Market For Foreign Investments In HospitalsAfter years of heated discussions, Brazil has enacted new legislation authorizing foreign investors to operate in the country's health sector, including by acquiring hospitals, clinics and laboratories. BrazilGovernment, Public SectorCascione, Pulino, Boulos & Santos Advogados
ArticleDeadline For Update Of Economic-Financial Information With The Central Bank Of Brazil Ends On March 31, 2022Brazilian companies that receive direct foreign investment in their capital in any amount must update their corporate and net equity information with the Central Bank of Brazil ("BACEN"), until March 31, 2022.BrazilGovernment, Public SectorKLA Advogados
ArticleBrazil Opens the Possibility to Review of the Status of the Countries or Dependencies Classified as Favored Taxation Jurisdictions or Privileged Fiscal RegimesThe latest list of favored taxation and privileged fiscal regimes countries and dependencies announced by the Secretary of the Brazilian Federal Revenue Office ("Receita Federal do Brasil" – RFB), through RFB Normative Instruction nº 1037, of June 4, 2010, which included Switzerland as a favored taxation jurisdiction and the Dutch Holding Companies as privileged fiscal regime entities, disliked many people who did not agree with such classification!BrazilTaxWalter Stuber Consultoria Jurídica
ArticlePrazo Para Atualização Cadastral E Declaração Econômico-Financeira Por Empresas Receptoras De Capital EstrangeiroAs empresas receptoras de capital estrangeiro no Brasil devem observar o prazo final de 31 de março para atualização, perante o Banco Central ...BrazilCorporate/Commercial LawTozziniFreire Advogados
ArticleAmpliada a competência do Ombudsman de Investimentos DiretosFoi publicado hoje o Decreto nº 9.770, de 22 de abril de 2019, que amplia as competências do Ombudsman de Investimentos Diretos para todos os investidores estrangeiros e nacionais.BrazilGovernment, Public SectorTozziniFreire Advogados
ArticleBrazil Extends The IOF Tax To Loans Of Up To Two YearsBy means of Decree No 7,457, of April 6, 2011, the Brazilian Federal Government extended, as of April 7, 2011, the 6.0% Tax on Exchange Transactions (IOF) which is due in the case of entry of funds arising out of short-term foreign loans to operations of up to 720 days, including symbolic exchange transaction for the renewal, renegotiation or transfer of existing loans.BrazilCorporate/Commercial LawWalter Stuber Consultoria Jurídica
ArticleAnnual Census Of Foreign Capital In BrazilOn June 25, 2012, the Central Bank of Brazil issued Circular nr. 3.602/2012 which established an "Annual Census of Foreign Capital" in the country.BrazilGovernment, Public SectorFelsberg e Associados
ArticleBrazilian Companies Can Now Issue Real-Denominated Securities for Placement in the International MarketResolution nº 3221, of July 29, 2004, of the National Monetary Council addresses an old claim of the financial market and expressly authorizes Brazilian companies to raise funds abroad by issuing real-denominated securities.BrazilGovernment, Public SectorWalter Stuber Consultoria Jurídica
ArticleProvisional Presidential Decree Increases The Limit For Foreign Capital In Brazilian Airline Companies From 20% To 49%The Provisional Presidential Decree N. 714 / 2016, issued by president Dilma Roussef last week, increases the limit for foreign capital in Brazilian airline companies from the current 20% to 49%.BrazilGovernment, Public SectorTozziniFreire Advogados
ArticleConselho do PPI qualifica 22 novas oportunidades em infraestrutura3 terminais pesqueiros: Cabedelo (PB), Belém (PA) e Manaus (AM).BrazilGovernment, Public SectorMayer Brown
ArticleForeign Investment In Brazil Update: 2013 Annual Census Of Foreign CapitalsBrazil is one of the countries that most attracts foreign investment. However, it has historically imposed controls over cross-border currency transactions.BrazilGovernment, Public SectorDLA Piper
ArticleMulticargo Private-Use Port Terminal And FinanceThe Brazilian press recently reported that the Abu Dhabi Fund for Development (ADFD), a sovereign fund, will fi nance the construction of a multicargo private-use port ...BrazilFinance and BankingVeirano e Advogados Associados
ArticleChanges In The Foreign Direct Investment RegistrationOn November 24, 2016, the Central Bank of Brazil issued Resolution No. 4,533 of the CMN, which modifies Resolution 3,844 of March 23, 2010, with the purpose of simplifying the registration...BrazilGovernment, Public SectorTrench Rossi Watanabe Advogados
ArticleForeign Investment Periodic Declarations In Brazil: Look The DeadlinesSince the implementation of Law No. 14.286/2021, known as the New Foreign Exchange Legal Framework, the Central Bank of Brazil (BACEN) has issued several resolutions to regulate...BrazilGovernment, Public SectorKLA Advogados
ArticleNew Rules Of The Corporate Taxpayers Registry (Cadastro Nacional Da Pessoa Jurídica - CNPJ) - "Final Beneficiaries"On May 9, 2016, Normative Instruction RFB No. 1634 was published with the purpose of updating the regulatory provisions related to the Corporate Taxpayer Registry by inserting new rules...BrazilTaxMayer Brown
ArticleBrazil Increases The Percentage Of Foreign Investment Permitted In Brazilian AirlinesPresident Rousseff appears to have changed her mind by permitting the investment limitation to increase to 49 percent.BrazilTransportHolland & Knight