By Thiago Moliani
Group PLBrasil | 09/08/2020
The Central Bank of Brazil (BACEN) established by Circular 3,814/2016 and Circular 3,822/2017, the obligation for all companies that receive direct investment with assets total or shareholders’ equity equal to or greater than R $ 250 million, on the base date of June 30, according to the following calendar:
- data base of December 31st, the information should be provided by March, 31st of the subsequent year;
- data base of March 31st, the information should be provided by June, 30th;
- data base of June 30th, the information should be provided until September, 30th; and
- data base of September 30th, the information should be provided by December, 31st.
We also reinforce that the Article 36 of Law No. 13,506/2017 and Circular No. 3,857/2017 of BACEN set forth the possibility fines up to BRL250,000.00 (two hundred and fifty thousand reais), in case of incorrect, incomplete or untimely information.
The PLBrasil Group’s Foreign Capital teamis available to assist you with the records required by the Central Bank of Brazil in the channels below:
+55 (11) 3292-5085
Check out the latest Paralegal articles
Due Diligence: In mergers and acquisitions of all sizes or partnerships between companies, prior analysis of documents and information may show the real transaction value
The Due Diligence process may also be carried out when the company decides to grow, as it points out flaws and can present an assessment concerning risks and opportunities. Due [...]
Automated Permit: simplified company incorporation in Rio de Janeiro
The Automated Permit is a service offered by JUCERJA (Junta Comercial do Estado do Rio de Janeiro – the Commercial Registry of the State of Rio de Janeiro) for several years now, and it [...]
Attention, companies with investment abroad! The deadline to declare financial information is March 31st
Companies with more than BRL 300 million in assets and investment abroad, pay attention! The deadline for updating financial information with the Central Bank is the end of the month. Learn more about quarterly [...]
Check out the latest Paralegal articles
Due Diligence: In mergers and acquisitions of all sizes or partnerships between companies, prior analysis of documents and information may show the real transaction value
The Due Diligence process may also be carried out when the company decides to grow, as it points out flaws and can present an assessment concerning risks and opportunities. Due [...]
Automated Permit: simplified company incorporation in Rio de Janeiro
The Automated Permit is a service offered by JUCERJA (Junta Comercial do Estado do Rio de Janeiro – the Commercial Registry of the State of Rio de Janeiro) for several years now, and it [...]
Attention, companies with investment abroad! The deadline to declare financial information is March 31st
Companies with more than BRL 300 million in assets and investment abroad, pay attention! The deadline for updating financial information with the Central Bank is the end of the month. Learn more about quarterly [...]
