Operating license: why this authorization is essential for businesses?
Operating license is one of the most important administrative authorizations for the regular exercise of business activities. Issued by the municipality, this document confirms that the company is authorized to operate at a specific address and that the establishment meets the applicable urban planning, health, and safety requirements. Although it is a widely known […]
Cancellation of beneficial ownership filings by the Federal Revenue Service: What it means in practice
The enactment of RFB Normative Instruction No. 2,290/2025 brought immediate practical impacts on administrative proceedings for the disclosure of ultimate beneficial owners currently pending before the Federal Revenue Service. Chief among these is the automatic cancellation of all filings submittedthrough October 2025, requiring that information be resubmitted in accordance with the new regulations. This […]
How important is the approval of administrators’ accounts?
In the corporate calendar, the first quarter ends with a vital and sometimes neglected obligation: the Approval of Company Administrators’ Accounts. Provided for in articles 1,078, of Law No. 10,406/2002 (Civil Code) and 132, of Law No. 6,404/1976 (Corporations Law), this obligation applies to all companies, regardless of size or corporate structure, and is responsible […]
Quinquennial Census of Foreign Capital in Brazil
The Quinquennial Census of Foreign Capital in Brazil has always been regarded as a well-known periodic obligation for companies with foreign investment. Starting in 2026, however, the model underwent significant changes that require attention: a new deadline, a new submission system, and mandatory reporting criteria consolidated under different frameworks than those used in the past. […]
Obligations to the Central Bank of Brazil: A practical guide to declarations, requirements, and deadlines
Companies with operations involving foreign investment in Brazil and/or Brazilian capital abroad must manage a series of periodic obligations required by the Central Bank of Brazil (“BCB”). These filings are designed, among other objectives, to map the volume of investments into and out of Brazil. While each declaration has its own specific rules, the most […]
2026 Ultimate Beneficial Owner: Mandatory annual update and new rules for Investment Funds
The Brazilian Federal Revenue Office (RFB) Normative Ruling (IN) No. 2,290/2025 represents a significant update to the identification regime of final beneficiary which was provided for in the RFB IN No. 2,119/2022. Published in October 2025, the new regulation expands the transparency and traceability requirements for business structures and investment funds, focusing on combating money […]
Shelf company: Is it worth buying a company ready to operate in Brazil?
A shelf company is a company that has already been incorporated and is kept inactive until the moment it is sold to a new owner. In theory, the buyer acquiresa company with an active CNPJ without having to deal with the process related to a new registration. This option emerged in a context in […]
NIRE (Company Register Identification Number): What it is, what it’s for, and why it still matters
The Company Register Identification Number (NIRE) is a unique code assigned by the Commercial Registry to a company at the time of its incorporation, to prove its legal existence. It functions like a “corporate ID,” while the CNPJ plays a role similar to that of a “business CPF” (individual taxpayer ID). Despite legislative changes aimed […]
How the new Federal Revenue Office system impacts obtaining a Corporate Taxpayer’s ID (CNPJ) starting December 1, 2025
In compliance with Supplementary Law no. 214/2025, which set the Tax Reform milestone, on December 1, 2025, the Federal Revenue Office implemented the new MAT (Tax Administration Module) system. This change modifies the process of starting a company, requiring entrepreneurs to define their tax regime prior to issuance of the CNPJ. Until then, the […]
BC Protege+: A new tool from the Central Bank of Brazil against unauthorized account openings
BC Protege+ is a free, voluntary tool launched by the Central Bank of Brazil that allows individuals and legal entities to proactively block the opening of new checking, savings, or payment accounts in their name. By activating the service, the Individual Taxpayer’s Register (CPF) or National Corporate Taxpayer’s Register (CNPJ) becomes part of a database […]
