April 2021 – Brazil – Rossetti Advogados In Brazil, pursuant to article 132 of Law 6.404/76 (“Corporation Law“) and to article 1.078 of the Brazilian Civil Code, corporations and limited-liability companies must, at least once a year, during the four months following the end of their fiscal year, call and hold the Annual Shareholders’ Meeting
March 2021 – Brazil – Rossetti Advogados The House of Representatives passed, last February 11, bill No. 19 of 2019, which provides on the autonomy of the Central Bank of Brazil (BACEN). The bill defines the criteria for admission, as well as the fixed terms of office of the BACEN president and directors, which do
February 2021 – Brazil – Rossetti Advogados On December 15, 2020, the Brazilian Federal Senate approved bill 2.963/19 drafted by senator Irajá (PSD-TO), which regulates the acquisition, possession, lease and registration of rural real estate by foreign individuals and legal entities organized and established outside the Brazilian territory. The acquisition of land in Brazil by
January 2021 – Brazil – Rossetti Advogados On October 20, 2020, the Federal Government brought before the Brazilian Congress a bill (PL) to create the so-called Regulatory Framework for Startups. Based on Supplementary Bill 249/20, the bill seeks to create a better business environment, simplify the organization of such companies, stimulate investment in innovation and foster
December 2020 – Brazil – Rossetti Advogados The Central Bank of Brazil and the National Monetary Council published, on October 26, 2020, Central Bank (BC) Resolution No. 29 and National Monetary Council (CMN) Resolution No. 4.865, to establish rules relating to the conduction of experiments in a Controlled Environment, named regulatory Sandbox, in which authorized companies may test, under certain conditions, projects that
Article published at the Brazilian reputable business newspaper “Valor Econômico” On October 23rd, 2020 Written by Maristela SA Rossetti The COVID-19 pandemic has affected not only the economy, but also various social, political and cultural dynamics in Brazil and worldwide. The adoption of confinement as one of the main strategies to combat the spread of
