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...

Corporate • Dispute Resolution|

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WTO’s Agreement on Public Procurement – Brazil seeks submissions

The Brazilian government is seeking submissions from interested private parties and civil society on whether it should join the WTO’s Agreement on Public Procurement (known as...

Contracts • Government Procurement and PPPs|

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No income tax withheld on technical services and support on payments to Finland

The Brazilian Federal Revenue Department's new ruling confirms that no income tax is to be withheld on technical and support services supplied from Finland....

Tax and Customs|

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Investing in Brazil via a Share Investment Fund (“FIP”)

A share investment fund (fundo de investimento em participações, “FIP”) is a close-ended fund that operates somewhat like an investment trust. It is generally used as a...

Corporate • Tax and Customs|

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Changes to Corporate Rules: Online Meetings and Extended Deadlines

Corporate meetings can now be held partially or totally online. This applies to publicly-held and private companies. ...

Contracts • Corporate|

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Covid-19: Emergency Credit Lines for SMEs

The Brazilian government has announced a new credit line worth R$4 billion to provide funding for the payroll at small and medium-sized enterprises as a way to assist them to...

Contracts • Corporate • Employment|

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Contract Law: Force Majeure and Hardship in Brazil

Force Majeure and Hardship under Brazilian Law: a Practical Guide Quick read: Brazilian law may protect parties that are unable to perform contractual obligations because of force...

Contracts • Dispute Resolution|

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Government Procurement: Brazil Opening to Foreign Bidders

Brazil's public procurement rules have been changed to increase competition by facilitating the participation of foreign bidders....

Government Procurement and PPPs|

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The New Brazilian Franchising Law

Quick Read: On 27 December 2019, the new Brazilian Franchising Law (“BFL”) was officially published. This Law replaces in full the previous Franchising Law. The BFL is more...

Contracts • Corporate • Dispute Resolution • Intellectual Property|

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Brazil’s Federal Revenue Department

A brief introduction to Brazil’s all powerful tax department. What does it do? The Brazilian Federal Revenue Department (Receita Federal do Brasil, “RFB”) is part of the...

Tax and Customs|

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