The federal government's PPIs and infrastructure funds 5er50
In March 2017, the federal government announced the launch of a new round of concessions from the Investment Partnership Program (PPI). The estimate is that about R$ 45 billion in investments will be raised, and the main targets are the energy, transportation, and sanitation sectors. In all, 35 power transmission lots (distributed in 17 states), two highway concessions, 11 port terminals, five railways, and 14 sanitation projects were announced.
Brazilian capital abroad 1m4a3h
Individuals and legal entities resident, domiciled or with headquarters in Brazil, as provided for in tax law, must report to the Central Bank of Brazil, on an annual basis, the assets and amounts held by them outside the country.
Legal entity may own an Eireli 5a643d
Brazilian or foreign legal entities are already expressly authorized to own Individual Limited Liability Companies – Eirelis. On May 2, Normative Instruction No. 38/2017 of the Department of Business Registration and Integration (DREI) came into force, which, among other changes, amended the wording of item 1.2 and letter "c" of item 1.2.5 of the Individual Company Registration Manual ("Capacity to own an Eireli") to ensure this right.
Normative instruction requiring non-resident investors to grant a power of attorney for an indefinite term has been amended 3bi69
On May 2, 2017, Normative Instruction No. 40 (“IN 40”), issued by the Department of Integration and Company Registration (“DREI”), was published, amending Article 2 of Normative Instruction No. 34 (“IN 34”), also issued by DREI, which...
NORMATIVE INSTRUCTION REQUIRING NON-RESIDENT INVESTORS TO GRANT A POWER OF ATTORNEY FOR AN INDEFINITE TERM HAS BEEN AMENDED v452o
On May 2, 2017, Normative Instruction No.
Brazilian capital abroad 1m4a3h
Individuals and legal entities residing, domiciled, or headquartered in Brazil, as defined in the tax legislation, must report the assets and amounts they hold outside the country to the Central Bank of Brazil. Such reporting is mandatory for those...
BRAZILIAN CAPITAL ABROAD 316we
Individuals and legal entities residing, domiciled, or headquartered in Brazil, as defined in the tax legislation, must report the assets and amounts they hold outside the country to the Central Bank of Brazil.
Brazilian central bank updates rde-ied system 6ka30
On January 30, 2017, the Central Bank of Brazil ("BACEN") instituted a new rule that revises the Electronic Registration Statement - Direct Foreign Investment (“RDE-IED”) and establishes new procedures for ing direct foreign investments...
BRAZILIAN CENTRAL BANK UPDATES RDE-IED SYSTEM 7348s
On January 30, 2017, the Central Bank of Brazil ("BACEN") instituted a new rule that revises the Electronic Registration Statement - Direct Foreign Investment (“RDE-IED”) and establishes new procedures for ing direct foreign investments in Brazil.
PARTNERS RESIDING AND DOMICILED OR HEADQUARTERED ABROAD MUST GRANT POWER-OF-ATTORNEY TO LEGAL REPRESENTATIVE IN BRAZIL FOR AN INDEFINITE PERIOD OF TIME 2i6v2s
On March 3, 2017, Normative Instruction No.
Partners residing and domiciled or headquartered abroad must grant power-of-attorney to legal representative in brazil for an indefinite period of time 644n58
On March 3, 2017, Normative Instruction No. 34 was issued by the Department of Integration and Company Registration (“DREI”), which provides rules for the registration with the local Boards of Trade of corporate acts of Brazilian companies that...
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