Brazilian Capital Abroad Declaration 2024 – Base-Year 2023
All individuals and legal entities residing in the country holding assets (goods and rights) against non-residents (including real estate, deposits, financing, direct loans, commercial credits, among other assets) totaling the amount of US$ 1.000.000,00 (one million United States dollars) as of December 31, 2023, are required to submit the Declaration of Brazilian Capital Abroad (CBE) to the Central Bank…
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Annual Information BACEN 2024
Submission of Information of December 2023 to the Central Bank of Brazil – Mandatory DEF and Annual Update for recipients of foreign capital All companies that are recipients of foreign capital must file, up to March 31st, 2024, a Capitalization Table Update, with information of their net equity and paid-in capital, as well as the capital…
Foreign Investor Annual Census 2022
We inform you that the deadline to submit the necessary declarations for the Annual Census 2022, with base year 2021, has begun. The deadline for filing is August 15, 2022. Any company or investment fund that has participation by non-resident investors in Brazil on 12/31/21 and, simultaneously, has a net worth equal to or greater…
Submission of Information of December 2021 to the Central Bank of Brazil – Mandatory DEF and Annual Update for Recipients of Foreign Capital
All companies that are recipients of foreign capital must file, up to March 31st, 2022, a Capitalization Table Update, with information of their net equity and paid-in capital, as well as the capital invested by each of their foreign investors on December 31st, 2021. For companies recipient of foreign direct investment with total assets or…
Brazilian Data Protection Law to take effect in 15 days
The Brazilian Data Protection Law – LGPD should become effective as of the sanction of Provisional Measure (MP) nº 959/2020 by the President, in 15 days. The sanctions, however, will only be effective as of August, 2021. The LGPD was expected to be in force on August 16th, 2020, however, due to the coronavirus pandemic,…
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Reminder DEF Central Bank
We remind you that Brazilian companies recipient of foreign investment with total assets or net equity above R$250.000.000,00 (two-hundred and fifty million reais) are required to file four quarterly economic-financial declarations per year. The next quarterly declaration refers to the accounting information recorded on March 31st 2020 and must be filed by June 30th 2020.
2020 CPR Latin America Conference
Thursday, December 3, 2020 | São Paulo, Brazil After seven successful years of initiatives in Brazil, CPR will be proudly hosting its 2020 CPR Latin America Conference, welcoming all of Latin America and its international business and legal communities. For registration and event information, please visit our website: www.cpradr.org2020lac
New Partner
Pacheco Neto Sanden e Teisseire Advogados is pleased to announce the promotion of Adriano Consentino to member of the Board of Directors of the firm, in the year in which he celebrates 10 years of association. His practice is focused on foreign direct investment, corporate and contractual law, in addition to meeting demands related to…
Patrícia Freitas Fuoco is recognized as Brazil Best Regarded Mediators by Leaders League 2018
PNST Advogados congratulates founding partner Patricia Freitas Fuoco for being recognized as Brazil Best Regarded Mediators by the Arbitration and ADR guide of the international publication Leaders League 2018, one of the most renowned international media and rating agencies. The recognition is the result of careful market research that took into account feedback from experts,…
Swedcham Members meet on Controversial Labor Reform
The Chamber’s Legal & Business and Human Capital Committees organized a joint event entitled “The Labor Reform: Certainties and Uncertainties” on August 24. The aim of the event was to discuss the impact the Labor Reform will have on business, workers and the human resources area. Participants initially were given a general view of the…
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Students from “Colégio Ábaco” represent Sweden in UN Simulation
Three thousand high school students from all over the world will meet in downtown Boston, Massachusetts, in early 2018 for the traditional conference simulating the work of the United Nations. The conference has been held since 1953 and aims to provide insight into the workings of the United Nations and the dynamics of international relations…
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Swedcham at Eurocâmaras
Swedcham has completed its term ahead of the Eurocâmaras, Association of the bilateral European Chambers of Commerce and Industry in Brazil. It is thus a good time to thank Chairman Nils Grafström and Managing Director Jonas Lindström for their high commitment over the last 12 months. Eurocâmaras intensified even more Swedcham’s already very dynamic and…
Swedish Consul General gives an Interview on CBN Radio
One of the proposals of the Temer government is of course the much-debated pension reform. This fact has led to an interest in how the system works in Sweden and how the increasingly older population is taken care of from the CBN radio channel, which has a program specialized in this topic called “50 Mais”,…
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Preparing a Position Paper
In light of the very challenging international scenario, where China has not yet displaced the EU so far along the negotiation period, Eurocâmaras is almost finishing its Swedish Chairmanship and is currently preparing a position paper together with the Market Access Team experts to contribute to its main priorities discussed in the Strategic Committee. These…
Reopening of the Repatriation
Law No. 13,428, of March 30, 2017, reopened the deadline for joining the Special Exchange and Tax Regularization Regime (RERCT). The special regime covers the regularization of goods or rights of lawful origin, undeclared or incorrectly declared, sent, kept abroad or repatriated by residents or domiciled in the country. The reopening of the regularization regime…
Income Tax and CIDE on the Use of Software as a Service
Through the COSIT Consultation Solution nº 191 (03/29/2017), the Federal Revenue Service of Brazil (RFB) analyzed whether payments made to the source located abroad, in consideration of authorizations for access and remote use of software, which may hosted in the cloud, and accessed remotely, via the internet, via login and password, are subject to taxation…
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An Agenda Packed with Activities
Since Swedcham took over the Eurocâmaras Chairmanship in June 2016, many things came up, not only to be managed beyond the day-to-day activities but also to be prioritized due to a packed agenda with many events in different locations, both in Brazil and abroad. The very first event when Swedcham took over was to host…
