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...
Obligations for Companies with assets or net equity LESS than BRL 250 million OBLIGATION AND DEADLINE: By March 31st, 2022, ALL Brazilian companies having foreign direct investments and with assets or net equity inferior to BRL 250 million, must update with the...
The deadline for the submission of the Statement of Brazilian Capitals Abroad (“DCBE”) to the Central Bank of Brazil begins today, February 15, 2022. WHO SHOULD SUBMIT ANNUALLY: All individuals or legal entities residents, domiciled or headquartered in Brazil that, on...
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...
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...
