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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…

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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…

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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…

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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…

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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…

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BRAZIL: The Brazilian Government brings before the Congress the startup regulatory framework bill

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…

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BRAZIL: The Central Bank of Brazil publishes rules on the operation of the Regulatory Sandbox

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…

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