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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...

Corporate|

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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....

Contracts • Corporate • Government Procurement and PPPs • Tax and Customs|

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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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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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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 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...

Contracts • Corporate • Dispute Resolution • Government Procurement and PPPs • Intellectual Property • Migration Law|

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Cost Contribution Agreements in Brazil

Note that on 29 November 2022 major changes have been introduced to cost contribution agreements (see here). Key points: What is a cost contribution agreement? A cost contribution...

Contracts • Corporate • Intellectual Property • Tax and Customs|

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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...

Contracts • Corporate • Dispute Resolution • Government Procurement and PPPs • Intellectual Property • Migration Law • Mining Law • Tax and Customs|

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