Annual meeting of partners / ordinary general meeting

Annual meeting of partners / ordinary general meeting

The Brazilian Civil Code and the Brazilian Corporation’s Law require that the shareholders of limited liability companies and of private or public corporations meet within the four months following the end of the fiscal year in order to: verify the managers’...
Annual update of the RDE-IED

Annual update of the RDE-IED

Every company receiving foreign direct investment is required to annually declare in the Electronic Register of Foreign Direct Investment (RDE-IED) held by the Central Bank of Brazil the information regarding the amounts of shareholders’ equity, whole paid-in...
Brazilian Government lowers tax on exchange rates to zero

Brazilian Government lowers tax on exchange rates to zero

The Brazilian Government has enacted Decree No. 10,997, which reduces to zero the rates of tax on exchange transactions (“IOF-Exchange”) for the next years, according to the type of transaction. This measure was already awaited by the market and is focused on...
Number of health plan operators drops 47%, study says

Number of health plan operators drops 47%, study says

Analyzes tend to become more severe and target the verticalization of the sector The total number of health plan operators has been falling in Brazil, with a constant movement of acquisitions between companies. The drop was 47% between 2011 and 2020 when the National...
New legal framework for the exchange market brings welcome changes

New legal framework for the exchange market brings welcome changes

The Brazilian Senate has approved Bill of Law from the Executive Branch No. 5,387/2019 (Bill 5,387/2019), which introduces relevant changes to the Brazilian exchange market. The Bill is now pending of presidential approval. The goal of said Bill 5,387/2019 is to...
Five-Year Census of Foreign Investments

Five-Year Census of Foreign Investments

WHAT IS IT? – Every 5 years the Central Bank of Brazil conducts a census of foreign capital, which consists of the mandatory submission of information related to companies with equity interest and investments held by non-residents in Brazil, always based on years...
Annual Meeting of Shareholders

Annual Meeting of Shareholders

OBLIGATION: Shareholders of limited companies and corporations with head offices in Brazil are required to meet at least once a year to decide on: the management accounts and the financial statements; the allocation of profits or losses accrued in the base-year; the...