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11 legal articles
Foreign private equity sponsors entering Brazil frequently make a costly mistake: they assume an asset deal offers the same clean break from historical liabilities that it does in common-law jurisdictions....
Managing Antitrust Compliance in Cross-Border Joint Ventures in Brazil Establishing a cross-border joint venture (JV) in Brazil offers immense commercial potential, but it also drops international corporations directly into one...
Antitrust Merger Control in Brazil: A Guide for Foreign Buyers Acquiring a business with Brazilian operations requires navigating a strict, pre-merger notification system overseen by one of the world's most...
Entering the Brazilian market through a joint venture (JV) is one of the fastest ways to access local networks and established distribution channels. But doing business here requires navigating a...
Executing a cross-border merger or acquisition that touches the Brazilian market requires strict compliance with local antitrust rules. Brazil's antitrust authority, the Administrative Council for Economic Defense (CADE), operates a...
Dual-VAT system replaces five taxes: Brazil is replacing ICMS, ISS, PIS, COFINS, and IPI with a unified Dual VAT model made up of the federal CBS and the state/municipal IBS....
Universal protection: Foreign residents, expats, and tourists hold full consumer rights in Brazil under the Consumer Defense Code (Law No. 8.078/1990). Two main court routes: Individual claims under 40 minimum...
Entity choice: The Sociedade Limitada (LTDA) is the most practical vehicle for over 90% of foreign direct investments in Brazil. The Sociedade Anônima (S.A.) is better suited for large capital...
Strict NCM Classification: Receita Federal do Brasil (RFB) enforces the 8-digit Mercosur Common Nomenclature with zero tolerance for minor clerical errors. Heavy Financial Fines: Misclassification or suspected under-valuation triggers penalties...
Foreign court judgments require STJ homologation: A money judgment issued outside Brazil cannot be executed against local assets until it receives formal approval ( homologação ) from the Superior Court...
Foreign citizens inheriting property in Brazil often assume that a valid domestic will or a probate order from their home country governs their Brazilian inheritance. It does not. Brazilian law...