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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...

New Rules Bring Major Improvements to Brazil’s Business Environment

On 30 April 2019, Provisional Measure 881/2019 (Medida Provisória 881/2019, “MP”) was published and came into force. Nicknamed “The MP of Economic Freedom”, the MP brings...

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...

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...

Appointing an Agent (Commercial Representative) in Brazil

What is an “agent” under Brazilian law? Brazilian law provides for different types of agency relationships. The most common, which is the focus of this article, is that of...

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...

TST: Signing Bonus is Salary

Brazil’s Superior Employment Court (Tribunal Superior do Trabalho or “TST”) has recently issued its final decision addressing whether an employee’s signing bonus...

Less Corporate Requisitions = Quicker Turnarounds

Quick Read: Corporate registrations will be faster, as requisitions will be standardised and more limited. Powers of officers at Companies Registries have been reduced. This is...