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 […]
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 […]
CNJ decides: notaries public cannot require a validity date for powers of attorney without a legal basis
The Full Session of the National Council of Justice (CNJ) understood that the generic requirement of a validity period for powers of attorney in notaries public in Minas Gerais may be illegal, except when there is a legal provision or a justified need. The judgment took place within the scope of Administrative Control Procedure 0007885-89.2023.2.00.0000 […]
ANAC reinforces the mandatory requirement of Individual Taxpayer’s Register (CPF) or National Corporate Taxpayer’s Register (CNPJ) for aircraft owners
In June 2025, the National Civil Aviation Agency (ANAC) issued Circular Memorandum No. 1/2025/GTRAB/SAR, reiterating that all owners and operators of civil aircraft registered in Brazil must keep their registrations updated with the Brazilian Aeronautical Registry (RAB), providing a valid CPF or CNPJ. A medida não altera a legislação, mas reforça a necessidade de cumprimento […]
