In the first four months of the year, companies must approve the management accounts, analyze the financial statements, and decide on the allocation of profits. In general, the fiscal year coincides with the calendar year, ending on December 31, which means that the Annual General Meeting (AGM) or the Meeting of Members must take place
Law No. 15.040 of December 9, 2024 was sanctioned on December 9, 2024, establishing the new Legal Framework for Insurance in Brazil. With an expected effectiveness within one year from its sanctioning, this law marks a significant step toward modernizing and balancing the relationship between insurers and insureds, as well as promoting greater transparency and
Counterfeit goods can severely harm brand reputation and business operations in today´s global marketplace. As part of a manufacturer’s fight against piracy, one relatively easy step is to register with the “Sistema de Asientos de Alerta” or “Alert Entries System.”[1] The system offers manufacturers and other intellectual property rights holders a proactive way to protect
In simple terms, Stock Options are provided for in article 168, paragraph 3 of Law No. 6.404 of December 15, 1976 (“Corporation Law”) and are a benefit offered by companies to their employees or service providers, allowing them to purchase company’s shares at a fixed price on a future date. The main objective is to
Major Risks for Companies with Flexible Workforces Due to Lack of Industry Pension Fund (bpf) Protection in the Netherlands Recent advice from the Council of State (11 November 2024) highlights significant risks posed by new employment laws in the Netherlands. For companies with large pools of flexible workers, obligations to industry pension funds (bpf) present
On July 17, 2024, the Brazilian Data Protection Authority (ANPD) published Resolution No. 18/2024 (Resolution), which regulates the role of personal Data Protection Officers (DPOs), created by Law No. 13.709 of August 14, 2018 (General Data Protection Law – LGPD). The new regulation defines the responsibilities of the data protection officer, establishes guidelines for the
