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What is a ‘tax haven’ under Brazilian law?

Brazil has a sophisticated tax system. This makes structuring a transaction to minimise taxes a complicated task. Brazilian tax rules generally treat as “tax favoured or with...

The Brazilian Corporate Registration System: Suspension as an Enforcement Tool

Suspension of corporate registration (CNPJ) in Brazil is used as an enforcement tool. This measure is being expanded....

Brazil’s Central Bank allows non-residents to pay for issued shares with virtual assets

On 13 September 2024, Brazil’s Central Bank officially published Resolution BCB 410/2024. The Resolution amends Resolution 278/2022, which is the key regulation addressing...

Brazil’s General Data Protection Law: an Overview

Here is our overview of Brazil's General Data Protection Law. This Law is Brazil's equivalent to Europe's GDPR and California's CCPA....

Brazil’s International Data Transfer Regulations: How do they compare with the EU’s GDPR?

By Vanessa Borges and Fabiano Deffenti International data transfers are critical for businesses operating in a globalised digital environment. Both Brazil and the European Union...

Hiring an Employee in Brazil

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

Registering a Branch of a Foreign Company in Brazil

Setting up a branch office in Brazil has become a lot easier and it may offer tax advantages for foreign companies over setting up a subsidiary....

Brazil has a New Foreign Exchange Law

Brazil’s new Foreign Exchange Law has introduced material improvements to Brazil’s currency exchange rules and the treatment of foreign investors, and is part of the continued...

Brazil and UK Sign Double Tax Agreement

Brazil and the UK have signed a double tax agreement. The agreement has not yet come into force but it marks yet another step taken by Brazil to open its economy....