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Law 14,905/24, published on July 1, amends eight articles of the Civil Code and establishes new rules for monetary restatement and application of interests.
Annual Periodic Statement of Foreign Direct Investment and Census of Foreign Capital in Brazil
Legal entities and investment funds incorporated in Brazil with direct participation of non-residents in their share capital, in any amount, and with net worth equivalent to or in excess of one hundred million US dollars (USD 100,000,000), both as of December 31, 2023, on the respective base date, must deliver the annual periodic statement of foreign direct investment on the Census of Foreign Capital in Brazil system.
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Prohibition to import used capital goods needs to observe the limits imposed by the Federal Constitution so as not to harm national interests.
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BCB and CMN change Open Finance rules. Changes cover criteria for participation in Open Finance and allows the development of Pix by approximation.
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Law institutes tax benefit for thermoelectric plants in Rio de Janeiro, with exemption to release ICMS on the acquisition of natural gas and goods for the implementation of plants.
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Crisis management: even with low investments and efforts, it is possible to improve, to streamline the preventive tenure of the crisis and obtain relevant results.
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