Since Jan 29, 2014 the Brazilian Act which provides for civil and administrative liability & sanctions imposed on local private legal entities who carry on acts against the public administration whether domestic (means any government (federal, state or municipal spheres), governmental entity (or any department…
Category: Newsletters
Exports to Brazil – Compulsory Certification by Foreign Trade Clearance Authorities
Previous product certification along the Brazilian clearance authorities is a matter of local consumers’ safety and health protection, where environmental protection also plays an important role in reducing the burden of non-friendly merchandise, materials and inputs. Therefore, we highly recommend to the exporters of the…
Triggers’ Updates for Antitrust and M&A Controls
1. New criteria of Antitrust Law incidence In accordance with the Antitrust Law, the general concept of act of business concentration is quite wide. Article 54 of Law nº 8884/94, which rules the cases of business concentration, refers to “any form of market concentration”, including…
Tax Holidays Favoring Investments for the Regional Integration and the Brazilian Municipalities with Low HDI
Brazil is a signatory Nation of several international treaties, and specifically touching South America down, the territory is encompassed by the South Cone Market (Treaty of Asunción in force in Brazil since November 22, 1991), by ALADI – Latin American Integration Association (Treaty of Montevideo…
Sole Proprietorship is a feasible Business Alternative
Within the BRIC countries, known also as the Big 4, Russia, China and India have yet granted importance to this type of company quite a long time ago in their respective local corporate regulations. Also known as a Limited Liability Company with its capital stock…