2 May 2022
May 2022 – Brazil – Rossetti Advogados The National Corporate Registration Department of the Ministry of Economy (“DREI”) enacted, by means of Normative Instruction No. 112 of January 20, 2022 (“IN No. 112”), measures that change the rules for the public registration of companies, seeking to benefit businesspersons and entrepreneurs. One of the measures is…
7 April 2022
April 2022 – 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 (“AGO”) or…
3 March 2022
March 2022 – Brazil – Rossetti Advogados Every year, companies with member(s) resident outside Brazil or with investment abroad must submit some statements to the Central Bank of Brazil (BACEN), by means of the Electronic Statement Registration system (RDE-IED). These statements are focused on the amounts invested in Brazil by non-residents, as well as on…
1 February 2022
February 2022 – Brazil – Rossetti Advogados Law 14.286/2021 was published on December 30, 2021, providing on a new Framework for the Brazilian foreign-exchange market and Brazilian capital abroad, foreign capital in Brazil and the provision of information to the Central Bank of Brazil. Such law also amends the related laws, to institute a modern,…
1 December 2021
December 2021 – Brazil – Rossetti Advogados In principle, pursuant to the provisions of the law or of the articles of association, a member may leave the company upon assignment or transfer of its equity interest, on which occasion it would be substituted in the company by the respective assignee.It would be then negotiating its…
29 October 2021
November 2021 – Brazil – Rossetti Advogados The Administrative Rule of the Ministry of Economy No. 12.071 of October 7, 2021, published in the Federal Official Gazette last October 13 by the Ministry of Economy, waives the publication in official gazettes and newspapers of wide circulation, by privately-held companies (which do not trade their shares on the stock…
1 September 2021
September 2021 – Brazil – Rossetti Advogados Over the last years, the ESG (Environmental, Social and Governance) agenda has gained more and more strength in the corporate world, once the business models go beyond prioritizing the profit and financial gains of their stakeholders. The acronym ESG was used for the first time in 2004, at…
8 December 2020
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…
5 October 2020
October 2020 – Brazil – Rossetti Advogados Law No. 14.058/20 was sanctioned last September 18, 2020. It resulted from the conversion of Provisional Measure No. 959, dated April 29, 2020, which regulated the general part of obligations of the General Data Protection Law – Law No. 13.709/18(“LGPD”). Thus, the legal framework governing the use, protection and transfer of personal data…
9 September 2020
September 2020 – Brazil – Rossetti Advogados The new coronavirus (Covid-19) pandemics led to an unprecedented economic crisis in most of the industries in Brazil and worldwide. However, the Brazilian real estate industry managed to rapidly overcome the crisis provoked by the pandemics and is currently recovering, driven by the low interest rates in the…
