News

In brief Under the terms of the resolutions issued by the Brazilian Central Bank (“BACEN“), certain companies based in Brazil that receive Foreign Direct Investment (“FDI“) or have Brazilian Capitals Abroad (“BCA“’) must submit five-yearly, annual and/or quarterly declarations to the BACEN. It should be noted that companies that are obliged to declare and fail […]

In brief Companies can now access the “Portal Emprega Brasil” to fill out the Declaration of Equal Pay and Remuneration Criteria for the first half of 2025, which must be completed by February 28, 2025. In accordance with the current regulations on the subject (Decree No. 11.795/2023, Ordinance No. 3.714/2023 and Normative Instruction No. 6/2024), […]

In brief Law No. 15,097, enacted on January 10, 2025 (the “Law”), regulates the exploitation of offshore energy resources in Brazil. It sets guidelines for utilizing federal property in offshore power generation projects, incorporating these activities into Brazil’s National Energy Policy.  Even though important matters still need regulation, as noted below, the Law sets the […]

In brief In December/2024, Federal Law No. 15,042/2024 was published, establishing the Brazilian Greenhouse Gas Emissions Trading System (“SBCE”). Long awaited, the law sanctioned by the President of the Republic was the subject of extensive debate in the Chamber of Deputies and the Federal Senate. Click on the image below to check out the material prepared […]

In brief Law No. 15.088, of January 6, 2025, was published, amending Law No. 12.305, of August 2, 2010 (National Solid Waste Policy), to prohibit the import of solid waste and tailings, except in the cases it specifies. More details On January 7, 2025, Law No. 15.088 was published, banning the import of solid waste […]

In brief China’s Ministry of Commerce (known as “MOFCOM”) initiated a safeguards investigation on December 27 on beef imports. The official notice of initiation is available at the following link. Safeguards are imposed against all origins and not on specific countries. The duties may be imposed by raising tariffs or imposing quotas and can last from […]

In brief On 19 December 2024, SECEX (the Brazilian Secretariat of International Trade) initiated a sunset review on the antidumping duties in force against the Brazilian imports of new diagonal rubber tires for motorcycles from China, Thailand, and Vietnam, commonly classified under the NCM code 4011.40.00. The duties remain in force during the sunset review and may be renewed for another […]

In brief In the last fortnight of 2024, two new regulations were enacted concerning climate change adaptation and mitigation in Brazil. These are: (i) Federal Decree No. 12,309/2024, which provides financial support for the recovery of infrastructure in areas affected by extreme weather events, and (ii) Resolution No. 223/2024 of the Brazilian Securities and Exchange Commission (CVM, in Portuguese), […]

In brief On 31 December, 2024 the Public Notice of special settlement agreement No. 24/2024 was published, which provides a new special settlement agreement for tax debts in administrative or judicial litigation related to tax goodwill deductions generated in corporate restructuring within the group itself (internal goodwill) and through a company set up solely to […]