News

In summary On October 29, 2024, through the Electronic Official Bulletin No. 2,808, the Brazilian Patent and Trademark Office (BPTO) published a public consultation on the evaluation of acquired distinctiveness in trademark registration examination. The BPTO aims to enhance uniformity and predictability in these evaluations while encouraging transparency and public participation. Further details The BPTO’s […]

In brief The Brazilian Securities and Exchange Commission (“CVM”) issued on October 29, 2024, CVM Resolutions 215 and 216, revising the rules applicable to Public Tender Offers (“TO”) and simplifying related procedures. CVM Resolution 215 replaced CVM Resolution 85, bringing a new regulatory regime for TOs. CVM Resolution 216 introduced specific changes to other existing […]

In brief The document “Circular Economy in Practice: Implementation Guide According to the ABNT NBR ISO 59000 Series” was published by the National Confederation of Industry – CNI, the Federation of Industries of the State of São Paulo – Fiesp and the Federation of Industries of the State of Rio de Janeiro – Firjan, presenting […]

In a nutshell On October 4, 2024, the Federal Attorney General’s Office (AGU) published Normative Ordinance No. 150/2024, which regulates the extraordinary transaction in the collection of non-tax active debts of federal public entities and foundations, provided for in Article 22 of Law No. 14,973, of September 16, 2024, through adherence to the “Desenrola Program”. […]

In brief The Ministry of Finance (“MF”) issued a new regulation (Ordinance No. 1,475/2024), reducing the adjustment period for companies that operate fixed-odds lottery betting nationwide. Legal entities without MF’s authorization and/or that did not apply for authorization by September 30, 2024 are not allowed to operate since October 1, 2024, and this impacts application providers […]

In brief On October 3, 2024, Provisional Measure No. 1,262/24 (MP) and Normative Instruction RFB No. 2,228/24 (IN) were published to align Brazilian tax legislation with the OECD’s GloBE Rules and establish an effective minimum taxation of 15% through an additional Social Contribution on Net Profit (CSLL). More details The MP and the IN establish […]

In summary The Genetic Heritage Management Council (CGEN) has approved the structure of the methodological process for determining the acquisition of distinctive characteristics in Brazil by spontaneous populations of plant and animal species introduced into national territory and used in agricultural activities. More details On October 1, 2024, the Genetic Heritage Management Council published CGEN […]

In summary Federal Decree No. 12,189/2024 was published on September 20, bringing changes to environmental infractions and administrative sanctions. Stricter penalties are provided, especially in relation to deforestation and forest fires, especially in preservation areas and indigenous lands. Also, a new administrative infraction was included by the Decree in which it is stipulated that failure […]

In summary Please be advised that, on September 30 2024, the Social Security Department website released on the Internet the new “Accident Prevention Factor” (“FAP”) rate for each company, which will have a direct impact on company’s payroll social contributions for the year 2025.FAP is a multiplication factor (that varies from 0,5 to 2,0 points) applied upon […]