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Disclosure of Ultimate Beneficiaries to the Brazilian Federal Revenue Department

What needs to be disclosed about the shareholders to the Brazilian tax authorities? Disclosures of UBOs and controllers under Brazilian law....

Non-residents: Less Bureaucracy to Invest in Brazilian Securities

New Brazilian regulations make it easier for non-resident investors to invest in Brazilian securities....

Brazilian Companies: Non-Residents Can Become Executive Directors

Non-residents (Brazilians or foreigners) can now be executive directors of Brazilian companies. Brazil’s legal framework continues to improve, with this being another step...

New Rules on Giving Gifts and Providing Hospitality to Brazilian Federal Officials

New regulations set out rules about the giving gifts and providing hospitality to Federal Brazilian public officials....

Litigation in Brazil: Unusual Features

Litigating in Brazil is different from litigating in common law jurisdictions. Sworn testimony, witness examination, discovery (disclosure) and lawyers fees (costs) are among the...

Brazil: Hague Evidence Convention

The Hague Evidence Convention governs the obtaining evidence in Brazil....

Hiring an Employee in Brazil

Looking to hire an employee in Brazil? Here are the key rules and issues involved....

New Limitation Periods for Enforcing Judgments

The time limits for enforcing judgments in Brazil have been changed. These changes apply to Brazilian and foreign-issued judgments....

Service of Process is Now by Email in Brazil

Service by email the default method of service of process in Brazil. This has major practical consequences to the parties involved in Brazilian litigation....

UNCITRAL Model Law on Cross-Border Insolvency in Force in Brazil

On 23 January 2021, Law 14,112/2020 came into force. This Law substantially amended the Brazilian Judicial Recovery and Bankruptcy Law (the “Insolvency Law”), with the key...