Compliance Tag Archive

Brazil has a new Foreign Exchange Law

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

Brazilian Corporations: 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....

Brazil’s Data Protection Law is in force

Brazil's General Data Protection Law is a comprehensive piece of legislation addressing data protection in Brazil. It is Brazil's equivalent to Europe's GDPR and California's...

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. ...

Updated: Brazil-Switzerland Double Tax Agreement Signed

Brazil and Switzerland have entered into a double tax agreement. The Convention for Elimination of Double Taxation with Respect to Taxes on Income and the Prevention of Tax...

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...

Blockchain Adopted by Brazil’s Tax Authority

On 21 November 2018, Brazil’s Federal Revenue Department published an amendment to Regulation RFB 1,649/2016 bringing blockchain technology to the Federal tax compliance system...

Brazil-China Customs Agreement in Force

On 30 October 2018, Federal Decree 9,542/2018 was published in the official gazette. The Brazil-China Agreement on Mutual Administrative and Customs Matters was signed by the...