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Appointing an Agent (Sales Representative) in Brazil

Quick Read: Agents under Brazilian law: An agent under Brazilian law is a person or legal entity that brokers commercial deals on a regular basis. Mandatory rules: There are court...

Brazil’s Economic Freedom Law

On 21 September 2019, Law 13,874/2019 came into force. Nicknamed the Economic Freedom Law, it marks a major move towards greater economic freedom and a more...

Cost Contribution Agreements in Brazil

Quick Read: Cost contribution agreements (“CCAs”) allow for the sharing of costs among companies of the same corporate group. Brazil adopts the OECD definition of CCAs....

Setting Up a Company in Brazil: a Checklist

Setting up a company in Brazil is not as simple as in developed common law countries. The process of registration (and deregistration) contains various procedural steps that are...

Updated: Brazil’s Data Protection Law

Quick Read: Brazil’s first general law addressing personal data protection has come into force. Law 13,709/2018 (the General Data Protection Law or “GDPL”) is a...

Translation of Declaration of Rights of Economic Freedom

Below in italics is my translation of Chapter II of Law 13,874/2019, together with links. This Law marks a major shift in the way business law is to be interpreted in Brazil, so...

Faster Registrations of Companies

On 14 March 2019, Provisional Measure 876/2019 was published. The Provisional Measure substantially improves the speed with which certain businesses and corporate documents can be...

Changes to the Civil Code: Easier Removal of Directors (Administradores) and Minority Shareholders

Law 13,792/2019 (gazetted on 3 January 2019) was one of the first Bills signed into Law by President Bolsonaro. The Law amends the Civil Code. Now if a director (administrador) of...

Updated: Disclosure of Ultimate Beneficiaries to the Brazilian Federal Revenue Department

Quick read: The Brazilian Federal Revenue Department (“RFB”, from its original in Portuguese) has issued new rules for the disclosure of ultimate beneficiaries of foreign...

Brazilian Data Protection Agency is Created

One of Michel Temer’s last acts as Brazil’s President was to set up the much-anticipated National Data Protection Agency. Provisional Measure 869/2018 was published on 28...