We have been noticing a growing interest on the Central Bank of Brazil’s part about the timely response to the economical and financial declaration (DEF in the Brazilian acronym). The entity has been making direct contact with the companies directly via e-mail.
We remind you that Brazilian companies that receive direct foreign investments must update, up to March 31 of each year, with the module RDE-IED of the Brazilian Central Bank System, the information related to their assets, corporate capital and its distribution between the shareholders, as well as the information related to their equity, with base-date of December 31 of the previous year.
For the companies that receive direct foreign investments and that have assets or equity equal or superior to R$ 250,000,000.00 (two hundred and fifty million reais), four economic and financial quarterly statements must be presented at each year, on dates pre-established by rule of the Brazilian Central Bank.
If it is of your interest, we remain at your disposal to assist your company with such work, for which a corresponding proposal will be presented.
By Guilherme Cursi and Pedro Meinberg