Public records update: Is your company up to date?
The formal existence of any company is subject to the maintenance of records required by the different instances of Government, each with its own peculiarities and uses. In this sense, City Halls, States and the Federal Revenue Service operate their own bureaucratic frameworks, establishing multiple obligations that need to be met. Failure to meet these obligations can, in some cases, lead to severe consequences, making it impossible for a given enterprise to operate regularly. Do you know the obligations your company must meet? Do you know if all obligations are up to date? It is quite easy to get lost in the midst of the complex Brazilian bureaucracy, with its countless regulations that are not always convergent or intuitive. Therefore, before anything else, it is crucial to understand the obligations and the risks of not keeping your records up to date with the City Hall, State and Federal Revenue Services. Starting with the basics Registering with the City Hall and obtaining a Municipal Registration (IM) is one of the first steps towards establishing and operating a company that provides services in Brazil. This is a necessary action not only to obtain a business license but also to be able to comply with tax obligations, issue invoices, and qualify for the Simplified Taxation System, among other aspects. If the company’s purpose is to sell products, it will also be necessary to Register with the State (IE). This is an essential measure so that ICMS (State Goods and Services Tax) can be collected, as well as to enable the issuance of invoices. This obligation applies regardless of the size of the enterprise, ranging from individual micro-entrepreneurs (MEIs) to gigantic corporations. Finally, the basic formalization cycle of a company involves registering with the Federal Revenue Service’s CNPJ (National Corporate Taxpayer’s Register). This registration serves as a kind of birth certificate for your company, providing essential data such as the registration number, opening date, corporate name, trade name, size, primary and secondary CNAEs (National Code of Economic Activity), and address data. The CNPJ not only enables the payment of taxes and other operational activities but also allows for public consultation to check the registration status of the company, which may be active, suspended, unfit, closed, or null. My records are out of date. What are the risks? In addition to the basic obligations inherent in the process of establishing a company, constant monitoring is required to ensure that all records are kept up to date throughout its operational life. Changes in address, share capital, partners or economic activity, among others, must be formalized as soon as possible before the different instances. Otherwise, many difficulties may be faced, ranging from simple bureaucratic obstacles to the application of heavy fines. An outdated record can, for example, complicate the process of obtaining and renewing operating permits, environmental and health licenses and clearance certificates in general. It can also make it impossible to comply with tax obligations, creating a “snowball effect” that could result in the application of fines and other penalties. It is worth highlighting that participation in tender processes and obtaining resources from the financial system are moments in which the company’s registration compliance will be subject to detailed scrutiny. In these situations, small inconsistencies can be the difference between success and failure. These circumstances can be avoided through efficient and conscious registration management, to all aspects involved. PLBrasil Paralegal offers to its clients, through its own platform, a document HUB, where all corporate documents and their history are concentrated and permanently available. Furthermore, it has qualified professionals and trained teams to provide full support regarding any type of registration required for the establishment and operation of your company, including solving problems caused by outdated registration. Do you need to update your company’s public records? You can count on us for registration with Brazil’s Boards of Trade. Do you need to update your company’s public records? You can count on us for registration with Brazil’s Boards of Trade.
Filing of corporate acts before the Commercial Registry: When things do not go as expected
Correctly filing corporate documents goes far beyond whimsy and precision. This is a crucial activity for the company to meet compliance requirements, protecting not only its own interests but also the interests of any people or institutions with which it maintains some type of formal relationship. Considering that legal entities do not have a business existence is needed. They exist through facts, acts, decisions, and initiatives, taken by the individuals that comprise them. Besides, every type of material event related to a company’s activity needs to be perfected through a document. The larger the company, the greater the need for this documentation to be correctly organized, classified, stored, controlled, and archived. A difficult issue that is compounded by the various rules, deadlines, codes, forms, and specificities that apply in a completely different manner depending on the case. Therefore, document management is essential to be carried out correctly, otherwise, the company will suffer losses. What are the impacts of incorrect filing? The consequences of incorrect filing range from the simple need to re-ratify the act to, in extreme cases, the occurrence of major financial losses caused by the loss of business opportunities that require documentary legal standing. Whatever the loss, mistakes almost always arise from a lack of knowledge regarding the applicable rules, as well as from a lack of practice experience in using the physical and electronic forms made available by the Commercial Registries for filing acts. In some cases, we are called in to correct the Basic Entry Document (DBE) of a National Corporate Taxpayer’s Register (CNPJ), where the applicant unintentionally selects the wrong option making it impossible to continue with the filing. In other situations, the use of an event that is not in compliance with the resolutions may result in erroneous filing. Something that can make it impossible to update the registration with the Federal, State, and Municipality Revenue, with the consequent need for rework and loss of time. Mistakes can, therefore, end up causing a cascade effect, the solution to which becomes progressively more complex as it affects multiple levels. In addition, if they are not correctly identified, taking the necessary steps to correct them becomes even more difficult. Detecting and solving problems Solving problems caused by incorrect filing at times takes a material amount of time and funds. In most cases, reviewing all the steps taken is necessary, paying attention to every detail involving checkboxes, codes, numbers, information, deadlines, regulations, and documents, among many other aspects. A situation that requires a thorough analysis to identify the problem and, once identified, to define the best strategy to “unlock” the process as quickly and cost-effectively as possible. A job for which most companies do not even have qualified personnel. PLBrasil Paralegal has qualified and trained professionals to carry out all registration required from establish to the operation of your business, including filings with the Commercial Registry and problem-solving. Furthermore, it offers its clients, through its own platform, a document hub, where all corporate documents and history are concentrated and permanently available. Do you need a filing? You can count on us for registration with Brazil’s Boards of Trade. Do you need a filing? You can count on us for registration with Brazil’s Boards of Trade. A equipe de Novos Negócios está à disposição para auxiliá-los pelos canais abaixo: +55 (11) 3292-5050nn.sp@plbrasil.com.br
Alphanumeric CNPJ: What Changes Are Coming to the National Register of Legal Entities?
The Federal Revenue Office, through a joint technical note formulated by the General Coordination of Tax Registrations and Benefits Management (COCAD) and the Undersecretariat of Collection, Registrations and Service (Suara), sent important changes to the National Corporate Taxpayer Registry (CNPJ), to be fully implemented starting January 2026. At that time, the current numerical model will be replaced by an alphanumeric model (with letters and numbers), keeping the same basic structure and number of characters. The change is similar to what happened with vehicle license plates, in which a number was replaced by a letter, keeping the general format unchanged. Reason for the change The alphanumeric CNPJ is an alternative, to meet the growing demand for new registrations. The reasons for this increase range from the economic growth of recent decades, to the publication of legal regulations requiring the CNPJ as a means of registration, and to the explosion in the formalization of individual micro-entrepreneurs, from 2008 onwards. The registry, which has a finite capacity for combinations, is approaching exhaustion and, to cope with the current situation, change is needed with sufficient longevity to avoid requiring further changes in the short or medium term. With this change, the current 99.9 million possible combinations increase to nearly 3 trillion. Why an alphanumeric combination and simply adding more digits? The CNPJ is the most widely used data in public and private systems for registering legal entities. The financial and judicial systems, for example, on whose proper functioning the economy and institutional relations directly depend, in general, use this registry as a central point of their bureaucratic frameworks. Thus, it was necessary to find an alternative that would impact the functioning and interoperability of these systems as little as possible. Swapping numbers for letters enables exclusively numeric records to “coexist” with alphanumeric ones, as the same number of digits (14) is maintained. Adopting a new, exclusively numeric code with more digits, would make this much more difficult. Will my old CNPJ change? No! Current numeric CNPJs will remain valid and fully operational, with no provision or need for them to be converted to alphanumeric format. Only new registrations, therefore, will follow the new standard starting in July 2026.
The Annual Census of Foreign Capital in the Country must be submitted by 6 p.m. on August 15, 2024
The Census statement is mandatory for legal entities and investment funds in Brazil which held non-resident investor or shareholder direct interest in their share capital, regardless of the amount, and which, concomitantly, had a net worth equal to or greater than the equivalent of US$100 million, both on December 31, 2023. Legal basis of the Annual Census of Foreign Capital in the Country According to BCB Resolution No. 281 of December 31, 2022, which regulated the procedures and deadlines for the mandatory declaration of the Annual Census of Foreign Capital in Brazil, between July 1 and August 15, 2024, companies must transmit the declaration, with a base date of December 31, 2023. The Central Bank of Brazil (BCB) conducts the Census of Foreign Capital in Brazil (Census) statement to compile statistics on the foreign sector, such as the Balance of Payments and the International Investment Position (IIP). Is there a fine for non-delivery or submission of false information? The statements of the Annual Census of Foreign Capital in Brazil that show false, incomplete, incorrect information or lack of timely delivery, will be subject to the penalties imposed by the rules that regulate the registration and census of foreign capital in the country. Who must state the Annual Census of Foreign Capital in Brazil? Legal entities headquartered in the country, with non-resident direct interest in their share capital, regardless of the amount, and with a net worth equal to or greater than the equivalent of US$ 100 million (one hundred million United States dollars), on December 31, 2023; and Investment funds with non-resident shareholders and a net worth equal to or greater than the equivalent of US$ 100 million (one hundred million United States dollars), on December 31, 2023, through their officers. Who is exempt from submitting the statement for the census? Individuals; Direct administrative bodies of the Union, States, Federal District, and Municipalities; Legal entities debtors of onlending of external credits granted by institutions based in the country; and Non-profit entities funded by contributions from non-residents. With the repeal of Law 4.131/62 and its regulatory framework, legal entities headquartered in the country that exclusively hold an outstanding balance in short-term trade credits (payable within 360 days) granted by non-residents are no longer required to state the Census. Pursuant to Article 7 of BCB Resolution 281/22, the new rule on the obligation to state the Census is restricted to the non-resident investors’ share in the company’s capital or resident investment fund and the amount of their shareholders’ equity. PLBrasil Paralegal’s Foreign Capital team is available to assist you with the registrations required by the Central Bank of Brazil through the channels below: +55 (11) 3292-5050 nn.sp@plbrasil.com.br
Issuing and monthly monitoring certificates of the company demonstrates its financial health and can help close deals
Necessary in bidding processes, supplier registration, mergers and acquisitions, the certificates can be issued at the municipal, state, and federal levels. published on June 18, 2024 by Andressa Lago Many companies do not make the connection between the act of monitoring certificates and their financial health. In order to be financially healthy, a company must have credit on the market, pay its taxes and suppliers on time, and make investments. With regard to the company’s compliance, debt clearance certificates must be issued regularly in order for it to remain in compliance. “The certificates are issued at municipal, state, and federal levels, and attest to the non-existence (debt clearance certificate) or existence (debt liability certificate) of debts on behalf of the company. Other reports show pending payments and, once everything is analyzed together, it is possible to get an overview of the company’s financial health,” explains Andressa Lago, manager of the Paralegal department at the PLBrasil Group, which is specialized in services for setting up and regularizing company licenses and registrations. These documents are necessary for companies to deal with any outstanding issues, but that is not all. “In case of bidding processes, supplier registration, mergers and acquisitions, and partnerships, for example, certificates need to be issued – and there are cases where companies miss out on opportunities because they do not have the certificates updated on a monthly basis”, she says. Monitoring certificates on a monthly basis is key for several reasons: guaranteeing legal security of one’s rights and assets, preventing fraud, monitoring pending financial issues and speeding up several different processes. Other situations when clearance certificates are required In addition to clearance certificates, which is the most common monthly monitoring for companies, issuing certificates can be important for making informed decisions, i.e. information contained in the certificates can be useful for making decisions in different areas of life. For example, an extremely important certificate is the real estate certificate, which proves that the real estate, whether private or shared between companies, has no liens or irregularities, thus protecting purchase and sale of such real estate and speeding up this process. “Issuing all the clearance certificates on time has everything to do with the company’s financial health because it shows that it operates within good practices and ensures its compliance. So, doing business with that company is safe, as there is trust in their processes”, says Andressa Lago. The Paralegal team of PLBrasil Group is available to assist you with certificate management through the channels below: +55 (11) 3292-5050 nn.sp@plbrasil.com.br
Ceará will make it possible to open companies via WhatsApp
published on May 03, 2024 By José Junior andSocrates Felix It’s no news that technology is increasingly more present in people’s lives and that many tasks that used to be performed in person are now performed via virtual, automized service. This is how relationships between consumers and banks, utility concessionary companies, and e-commerce currently work. Public service, in general, and registry offices, in particular, have always set higher standards regarding technological advances. Therefore, certain amazement exists whenever a type of innovation breaks this barrier and overcomes a previously consolidated bureaucratic paradigm. This is undoubtedly the case of the Empresa Mais Simples program, established by the Registry of Commerce of the State of Ceará (JUCEC), in this context, the possibility of opening companies via WhatsApp was announced during a Permanent Forum for Micro and Small companies meeting in Ceará. How does it work? The possibility of opening companies via WhatsApp was established to enhance the Empresa Mais Simples Program, created in the State of Ceará in 2018. This promises to formalize a low-risk business in up to 5 minutes. This tool includes services such as: • business registration before the Registry of Commerce; • tax enrollments before the Treasury Office and Finance Department; • the obtainment of work permits from the Municipal Government; • environmental and public health licensing from the Health and Environment Departments; and • a certificate of good standing issued by the Fire Department. The new functionality can be accessed at (85) 3108-2920 on WhatsApp. Interested parties must have an account with GOV.BR. All requests are answered through an automatic message flow managed by a chatbot and end when the company is opened. What types of companies can be opened via WhatsApp? Low-risk companies, meaning companies having a low risk of causing bodily harm, endangering people’s health, or causing damage to the environment, can be opened via WhatsApp. Which cities have adopted this new system? As communicated by the Registry of Commerce of the State of Ceará (JUCEC), the cities of Sobral, Aquiraz, Eusébio, Baturité, Caucaia, São Gonçalo do Amarante, Itapipoca, Amontada, Acaraú, Mombaça, Quixeramobim, Ipu, and Maracanaú have adopted this initiative. Innovative technology means more convenience and responsibilities Bureaucracy has been increasingly migrating to digital platforms, eliminating paper documents and establishing communication channels that require special attention and a permanent connection with multiple systems from companies. Therefore, constant vigilance is needed to avoid complications for businesses due to any formal details that may be overlooked. PLBrasil Paralegal has qualified professionals and trained teams that offer all the required support for opening and operating your company. It also offers its clients, through its Digital Platform, a HUB where all corporate documents and history are concentrated and permanently available, facilitating control and operation. The PLBrasil Group is available to assist you with this and other obligations through the channels below: +55 (11) 3292-5050 nn.sp@plbrasil.com.br
Health licensing in Rio de Janeiro (RJ): Deadline ends on April 30th!
published on April 26, 2024 By Tatiana Fernandez The deadline for health licensing of commercial establishments in the Municipality of Rio de Janeiro ends on April 30th. This is a mandatory procedure that must be renewed every year, as established in the Health Surveillance, Zoonosis Surveillance, and Agricultural Inspection Code of the Municipality of Rio de Janeiro (Complementary Law 197/2018). Which establishments need to have health licensing? The Rio de Janeiro Health Surveillance Code divides establishments subject to health licensing into three categories: 1. Regulated Activities Those carried out in places where products and consumer goods are extracted, produced, manufactured, transformed, processed, prepared, manipulated, purified, fractionated, packaged or repackaged, imported, exported, stored, dispatched, transported, bought, sold, transferred, or used (food, additives, beverages, water for human consumption, bottled or not, drugs, medicines, pharmaceutical supplies, correlates, products, and equipment of interest to health, cosmetics, beauty products, sanitizers, household cleaning products, hygiene items, and pesticides, among others) or where services of interest to health are provided; including all types of health care units, specialized or not, and other related activities. Paragraph 3 of article 8 of Supplementary Law 197/2018 also expressly lists a series of other activities covered by the same condition, such as daycare centers, concert halls, clubs, hotels, shopping centers, stadiums, among others. These establishments can only operate after issuing a Health Operating License (LSF). 2. Related activities Those that must be controlled by the municipal health agency, considering the risks arising from environments and places of collective use, where any economic, commercial, industrial, and service activity is carried out by a legal entity in the Municipality of Rio de Janeiro. In other words, in practice, all others, of a permanent nature, that do not qualify as “regulated activity”. In order to operate, these establishments must apply for a Health License for Related Activities (LSAR). 3. Transitory activities Ancillary activities at events held in public or private areas, which involve, among other things, the sale of food and drink, emergency medical care, pet exhibitions, agricultural festivals, art shows and circuses. In order to operate, these establishments must apply for a Health License for Transitional Activities (LSAT). Validity term The LSF and LSAR will be valid until April 30th of each year, and must be revalidated, upon expression of interest, until the last business day of the same month. What are the penalties for those who do not regularize the situation? Pursuant to Article 36, I, of Supplementary Law 197/2018, the operation of establishments without due regularization may result in the imposition of a fine and the closure of the location. How to obtain a health license? To obtain a health license, you need to request it through Carioca Digital’s portal. PLBrasil Paralegal has qualified professionals and trained teams to provide you with all the support you need for this and any other type of license you need to establish and operate your company. It also offers its clients, through its Digital Platform, a HUB where all corporate documents and history are concentrated and permanently available, facilitating control and operation. It also offers its clients, through its Digital Platform, a HUB where all corporate documents and history are concentrated and permanently available, facilitating control and operation. The PLBrasil Group is available to assist you with this and other obligations through the channels below: +55 (11) 3292-5050 nn.sp@plbrasil.com.br
Electronic Judicial Domicile and Electronic Labor Domicile: Companies need to be attentive to deadlines for registration!
published on April 10, 2024 By Carla Pusiol It is not new that public institutions have been seeking more effective ways to communicate with the parties involved in judicial and administrative proceedings. In an increasingly technologically connected world, where private communications are almost exclusively conducted electronically, it makes no sense for public agencies to continue relying on letters sent by mail or visits from judicial officers for this purpose. In this context, the National Council of Justice (Conselho Nacional de Justiça – CNJ) and the Ministry of Labor and Employment (Ministério do Trabalho e Emprego – MTE) have respectively developed two tools aimed at optimizing procedural communication: the Electronic Judicial Domicile and the Electronic Labor Domicile. In both cases, the aim is to make it possible for companies to receive communications (summonses, subpoenas, notices, etc.) addressed to previously registered email addresses, within the scope of legal proceedings (in all spheres) and administrative proceedings (in the labor sphere). How does it work? First, it should be noted that they are different systems. Therefore, it is necessary to provide two registrations on the respective platforms: Electronic Judicial Domicile – (access via e-CNPJ, e-CPF, or “gov.br” account at silver or gold level). This system will receive notifications of legal proceedings from all spheres (State, Federal and Labor courts). Electronic Labor Domicile – (access via “gov.br” account at silver or gold level). This system will receive notices of administrative proceedings arising from labor inspection actions. Once the registrations are completed, any communications that were previously made in person (by mail or judicial officer, for example) will now, subject to exceptions, be made electronically, through the respective virtual addresses. Which companies are required to register in the system? All medium and large private companies are required to register on both platforms. However, there are distinct implementation schedules, which can be seen below: Electronic Judicial Domicile • Financial institutions: optional registration until August 15, 2023. • Other private companies: optional registration until May 30, 2024. Electronic Labor Domicile • Employers and entities belonging to eSocial groups 1 and 2 – optional registration until March 1, 2024. • Employers and entities belonging to eSocial groups 3 and 4, as well as domestic employers – optional registration until May 1, 2024. What happens if registration is not completed? In the case of Electronic Judicial Domicile, if a company fails to meet the deadline, it will be compulsorily registered by the CNJ itself, based on data provided by the Brazilian Federal Revenue Service – which may be out of date. From then on, if it remains inactive, in addition to the risk of facing charges in absentia and missing procedural deadlines, it may incur contempt of court to the dignity of justice, subject to a fine of up to five percent (5%) of the amount of the claim. In the case of the Electronic Labor Domicile, inaction will also lead to compulsory registration and the possibility of missing deadlines for defense, submission of documents and other measures determined by labor inspection. These missed deadlines, in turn, may result in heavy fines, the reversal of which may require filing an action. Conclusion It is imperative for companies to adhere to the prescribed deadlines, facilitating swift registration in both systems. Moreover, they need to be attentive to the need to adjust their internal protocols, integrating access to these platforms as an indispensable measure to prevent setbacks in legal and administrative proceedings. The PLBrasil Group is backed by a team of highly skilled professionals dedicated to providing comprehensive support for registration and monitoring on these platforms, along with any other activities required for the establishment and smooth operation of your company. It also offers its clients, through its Digital Platform, a HUB where all corporate documents and history are concentrated and permanently available, facilitating control and operation. The PLBrasil Group is available to help you with registration through the channels below: +55 (11) 3292-5050 nn.sp@plbrasil.com.br
Future Processes: Agility and Safety with Artificial Intelligence
The use of artificial intelligence (AI) is widely increasing in the most diverse sectors of society. This is a technology currently undergoing consolidation, profoundly affecting how we handle systems, databases, and information. It automates repetitive tasks, minimizes errors, tailors experiences, and enhances security, among other functionalities. Aware of this reality, the National Department of Business Registration and Integration (DREI), in its most recent Normative Instruction, authorized the use of AI mechanisms to optimize the analysis of compliance with legal formalities in documents submitted for registration with the Commercial Registries. An important step forward in providing agility and security to processes, reducing margins of error and the time required to analyze the documentation presented. Using AI requires a culture change The use of AI alone is not capable of producing positive effects immediately. They depend on a change of mindset, requiring not only the Commercial Registries, but also the users themselves, to adapt to the assumptions for using this type of technology, such as: use of structured data through pre-formatted forms; use of documents with a specific format and size; adoption of systems capable of intercommunicability with each other; constant updating of technological tools; and use of reliable and efficient security mechanisms. This culture change, therefore, encompasses a set of practices, apparatus, tools, guidelines, and philosophies that need to be absorbed by everyone involved, aiming not only to implement innovations, but also to test, improve, and consolidate them. Are there experiences with AI in public bodies? There are already successful precedents for using AI in notary offices. In this sense, the Brazilian Property Registry (RIB), an entity dedicated to promoting, improving, and modernizing the services provided by property registration officers in the country, developed the Property Registry Geographic Information System (SIG-RI). This is a system that provides public data on different types of Brazilian land occupation, in urban or rural areas, using artificial intelligence. A very important tool for mapping land occupations and regularization in the country, being capable, according to news published on National Council of Justice (CNJ) website, of “collecting, storing, analyzing, and managing spatially referenced data relating to indigenous reserves, conservation units, quilombola communities, settlements of agrarian reform, archaeological sites, border areas, areas with environmental embargo, among other spaces.” Conclusion It is possible that the processing time for requests made to the Commercial Registries will be significantly reduced due to the use of artificial intelligence. But it is something that will take a joint effort and some time, until the system is working harmoniously and the paradigms that currently exist are definitively broken. The PLBrasil Group closely monitors this innovation process and has its own digital platform and qualified professionals, always ready to deal with the challenges inherent to this true revolution in registration bureaucracy. +55 (11) 3292-5050 nn.sp@plbrasil.com.br
IN DREI 1/2024: Changes in Business Records in Brazil
By Sócrates Félix and José Júnior The most recent publication of Normative Instruction 1/2024, released by the Brazilian Department of Registration of Business and Integration (DREI), comprises new requirements for business registration in Brazil, which will have a significant influence on the country’s registration landscape. The updated requirements are the outcome of a collaborative effort by the government, representative bodies, and society to modernize the country’s business registration processes. This is an expansive regulation which modifies DREI Normative Instructions 81/2020 and 77/2020 in a comprehensive and disruptive way. It is envisaged that the Commercial Registries will need some time to understand, integrate, and carry out all the modifications. In this regard, there is considerable procedural variation among the registration bodies of the different states of the federation, enabling the efforts to modernize and standardize encompassed in NI DREI 1/2024 even more important. Even after full implementation, it is probable that some of these characteristics may exist, justifying the continued use of professional guidance to guarantee that the process works effectively. Although it is too early to determine the actual implications of the majority of the modifications that have been implemented, certain aspects may be highlighted that show an essential trend toward simplicity, debureaucratization, and modernization The modifications are largely contained in the amended content of NI DREI 81/2020, which is now better aligned with these goals. Article 59, for example, was amended to establish that a series of operations will no longer be conditional on the prior authentication of the books of the companies involved. On the other hand, Article 9º-B, Paragraph 3º, authorizes the use of artificial intelligence technologies to improve the analysis of legal compliance in documents submitted for registration. In turn, Article 35 now provides for the possibility of using electronic signatures other than qualified signatures. These are some of the modifications mentioned in the 81-page text of NI DREI 1/2024, which illustrate the paradigm shift and the search for a more agile, modern approach that is in step with the progress of technology and society. Over the next few weeks, we will go into some of these in more detail, explaining how these new features affect the day-to-day operation of the Commercial Registries. Of course, flexibility, modernity, and the ability to choose other pathways indicate development in any process. It should be noted, however, that simplicity, as pursued through technological development, brings with it a set of contingencies that must be managed. The possibility of using graphic elements in instruments submitted for filing (provided for in the new wording of Art. 9º-A), for example, brings with it the challenge of dealing with potentially heavier files. Likewise, the use of external digital signature platforms (art. 35) will certainly require constant care to ensure that the systems are integrated and interact properly. Added to this are other obstacles that already existed and are natural to the implementation of any system, such as: not recognizing DBE forms to start the process; the time taken to analyze digital cases is longer than in the physical/presential format; electronic service in the “contact us” format and lack of technological tools capable of guaranteeing the authenticity and integrity of certain documents. Whether due to existing issues or the complexities of adopting novel and disruptive legislation, there is an increasing demand for efficient tools and expert individuals in business registration activities. The implementation of NI DREI 1/2024 is currently underway in Commercial Registries around the country; thus, now is not the time to take unnecessary risks with bureaucracy in public bodies. The PLBrasil Group offers its customers, through its Digital Platform, a HUB where all corporate documents and history are concentrated and permanently available. In addition, it has highly qualified experts and trained teams to provide all the support you require for any kind of registration required to establish and operate your business. Consult the team of experts at PLBrasil Paralegal to assist with registrations at the Trade Boards: +55 (11) 3292-5050 nn.sp@plbrasil.com.br
