LexLive

BRAZIL: THE NEW SOCCER CORPORATION

. . . August 2021 – Brazil – Rossetti Advogados . Last July 14th, the Brazilian House of Representatives approved Bill No. 5.516/2019, which encourages the incorporation of soccer corporations (SAF), the main activity of which is the practice of soccer in professional tournaments. The Bill was submitted by the president of the Brazilian Senate,…

Find out more

BRAZIL: NEW LEGAL FRAMEWORK FOR STARTUPS

July 2021 – Brazil – Rossetti Advogados Last June 2, the President of Brazil sanctioned Supplementary Law No. 182/2021, which institutes the Legal Framework for Startups and Innovative Entrepreneurship. The purpose of this law is to establish, in Brazil, a facilitated regulatory environment for innovative companies to be able to engage in their activities. Pursuant to…

Find out more

BRAZIL: GOVERNMENT ENACTS PROVISIONAL MEASURE THAT IMPROVES THE BUSINESS ENVIRONMENT IN BRAZIL

May 2021 – Brazil – Rossetti Advogados Provisional Measure No. 1.040 (“MP 1.040”), signed by President Jair Bolsonaro, was published last March 30, 2021, proposing amendments to the law for the purpose of modernizing and streamlining the business environment in Brazil. Among other provisions, MP 1.040 provides on the simplification and streamlining of company formation,…

Find out more

BRAZIL:ANNUAL APPROVAL OF MANAGEMENT DOCUMENTS

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…

Find out more

GERMANY: NEW FEE STRUCTURE FOR ARCHITECTS AND ENGINEERS (HOAI 2021)

January 2021 – Germany – Putzier – Attorneys-at-Law On 01-01-2021 the new Fee Structure for Architects and Engineers (HOAI 2021) came into force. The most important changes to the HOAI are: The fee is freely agreed, there are no longer minimum and maximum rates for the fee. The fee regulations of the HOAI with the fee calculation parameters…

Find out more

BRAZIL: Approval of the bill regulating the acquisition of land by foreigners

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…

Find out more

UK: Advice on consolidating Human Resources costs in England in the pandemic

There is no doubt about it, COVID-19 and its subsequent variants are going nowhere in a hurry. Its treacherous path continues to disrupt businesses worldwide and employers are under increasing pressure to reduce their headcount.  The redundancy process can be very complex, not to mention costly, so employers need to be aware of their respective…

Find out more

ISRAEL: Digital Markets Transactions in Israel from a Competition Law Aspect

January, 2021 – Israel – Granot Speiser Law Office During 2020, the Israeli Competition Authority (“ICA”) published 2 important reports. The first report was made after the ICA completed an inquiry concerning the prevalence of investments in Israeli startups by major tech corporations (Google, Amazon, Facebook, Apple and Microsoft) which could be considered as “Killer…

Find out more