Tax Reform: why does your firm need to prepare now?
The Tax Reform, provided for in Constitutional Amendment No. 132/2023, has already begun to reshape the Brazilian tax system. The changes will come into effect gradually; however, it is important to clarify that, in 2025, the impacts will relate to preparation, tax analysis, and the adjustment of firms for the significant changes to come, and […]
Foreign administrator in Brazil: legal rules, mandatory power of attorney, and adaptation of public bodies
Law No. 14,195/2021 (Business Environment Improvement Law) brought a significant change, allowing the non-resident foreigner to hold the position of administrator or officer of Brazilian companies. Previously, this possibility was restricted, making corporate governance more difficult for companies with international participation. The permission came with a requirement: the administrator residing abroad must appoint an attorney-in-fact […]
