Swedcham’s Legal and Business Committee (LBC) activities in 2nd term of 2023
On October 18th we organized Fintechs: Operations with Direct Credit Societies (SCD) investment fund on credit rights (FIDC). To talk about the topic, we welcomed lawyers Olavo Guarnieri and Amauri de Oliveira, partners at Oliveira Paolucci Advogados, both specialists in Agribusiness, Financial and Capital Markets. At this meeting, we addressed the legal issues (constitution rules…
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Licensing of Know-How
Brazil has recently started to accept licenses for the use of non-patented technology. Until the first half of 2023, the National Institute of Intellectual Property – INPI, public body responsible for registering contracts involving intellectual property, did not allow the licensing of non-patented technology. Only the transfer of non-patented technology was possible, i.e. the company…
Brazil steps up Enforcement of Fines for Breaches of the Data Protection Act
In force since 2021, imposition of fines for violations of the General Data Protection Law – LGPD have been intensified by the National Data Protection Agency – ANPD. Public bodies and private companies are the targets of inspections and fines` impositions. What are the fines for non-compliance with LGPD? Warning; A simple fine of up to…
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Taxation of Investments Abroad by Individuals, Private Investment Companies (PICs) and Trusts” – Bill no. 4.173/2023
Is income taxation in Brazil fair and equitable? For some years now, there has been an intensified discussion of this issue in the country. The debate began by questioning the exemption of dividends, which has been in force since 1996. As a result of this exemption, it has been observed that a significant portion of…
Appointment of Managing Directors with residence abroad for companies with registered office in Brazil
1. Legal basis Law No. 14.195/2021 was passed on August 26, 2021. It aims to simplify and de-bureaucratize the business environment in Brazil and is the result of the transformation of Provisional Measure No. 1.040/2021 into a law. This initiative of the Ministry of Economy, which was proposed with the aim of improving Brazil’s ranking…
Brazilian Transfer Price and OECD Convergence
On March 29th, Swedcham’s Legal and Business Committee held its first 2023 event on the Transfer Prices and OECD Convergence. The speaker was Dr. Roberto Codorniz Leite Pereira. He is a Professor of the Professional Master’s Program in International Taxation and Development of the Brazilian Institute of Tax Law (IBDT). He is a Ph.D. in…
Fiscal Classification Review and OECD Harmonization System
On the 2 nd of June, Swedcham’s Legal and Business Committee together with Belgalux and OAB/SP Brazilian Bar Association International Affairs Committee organized a hybrid webinar on reviewing fiscal classification and harmonization systems. The event was held at the premises of the Swedish Consulate General in São Paulo with keynote speaker Dr. Paulo Ricardo de…
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Legal & Business Committee discusses Contracts in the New Economy
One of the traditional roles of chambers of commerce is to promote business, bringing together companies and individuals interested in establishing commercial relations, whether at the national level or, as in the case of Swedcham, internationally. With this objective in mind, its Business & Legal Committee recently brought to the debate a small sample of…
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Renegotiating Banking Debts
Bank indebtedness is one of the main factors responsible for the moments of financial instability strongly aggravated by the catastrophic pandemic arising from Covid-19. The crisis has led to a higher demand of bank loans by a large majority of companies and individuals in recent months. In some cases, however, financial institutions grant credits at…
Renegotiation of Bank Loans and Debts
Bank indebtedness is one of the factors responsible for the moments of financial instability strongly aggravated by the catastrophic pandemic arising from Covid-19. The crisis has led to a higher demand of bank loans by a large majority of companies and individuals. There are institutions that grant credits at exorbitant interest rates even in renegotiation…