Please be advised that, on September 30 2022 (Friday), 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 2023. FAP is a multiplication factor – that varies from 0,5 to 2,0 points) applied […]
In brief Companies will be required to register with the Brazilian National Council of Justice – CNJ – (governmental entity that controls and aims to improve the Brazilian Judiciary) an e-mail for the purpose of receiving service of process, court summons and subpoenas in general. In this sense, CNJ Resolution No. 455 of 04/27/2022 obliges […]
In brief On September 22, 2022 the Brazilian Federal Government published Provisional Measure (“MP”) No. 1,137 reducing to zero the rate of the Withholding Income Tax (“WHT”) levied over income earned on several financial investments by non-residents investors. The MP will be submitted to the National Congress for analysis and voting. If converted into law, will […]
In brief On 21 September 2022, the State Environmental Institute of Rio de Janeiro (INEA) published Institutional Standard No. NOI-INEA-19.R-0, establishing the procedure for analysis and inclusion of conditions in the environmental licensing of activities and enterprises subject to the submission of the Environmental Declaratory Act (ADE) and the Targets and Investments Plan (PMIn) established […]
To close Trench Rossi Watanabe participation at the Climate Week NYC 2022, in the last two-days we attended the North America Climate Summit, organized by International Emissions Trading Association – IETA and International Carbon Action Partnership – ICAP. If you didn’t see our highlights about the other events, be sure to take a look (Brazil […]
Law 14,451 was published on September 22, 2022 amending the Chapter of limited liability company of the Brazilian Civil Code to reduce the approval quorum of limited liability companies for certain corporate resolutions. According to the law, the approval of the following resolutions: 1) amendment to the articles of association; 2) incorporation, merger, or dissolution […]
Trench Rossi Watanabe once again participates in major global climate-related discussions. This time, we are at the Climate Week NYC and side-events organized around the 77th Session of the United Nations (UN) General Assembly. Following our first alert about the Brazil Climate Summit in New York (here), in the past couple of days we attended the […]
Trench Rossi Watanabe once again participates in major global climate-related discussions. This time, we are at the Climate Week NYC and side-events organized around the 77th Session of the United Nations (UN) General Assembly. Last week we attended Brazil Climate Summit in New York, which involved some of the major experts on the subject, such as: […]
In summary In September 13, 2022, the Brazilian IRS issued the Normative Ruling nº 2,101/22, which amends the Normative Ruling nº 1,861/18 that regulates the so-called indirect imports (import by order and import on account of third parties). We highlight the provision that the predetermined acquirers of the imported goods can be both legal entities […]
