by Botinha | Apr 7, 2020 | International Business
Rule that Authorizes the Participation of Foreign Companies in Brazilian Electronic Tenders NORMATIVE INSTRUCTION No. 10, OF FEBRUARY 10, 2020 Amends Normative Instruction No. 3, of April 26, 2018, which establishes operating rules for the Unified Registration System...
by Botinha | Apr 7, 2020 | International Business
Brazil’s Government Bids open to Foreign Companies a Market of up to R$ 50 billion Permission to participate takes effect in May and reaches purchases from the federal government, states and municipalities The process of opening government purchases to foreign...
by Botinha | Mar 19, 2020 | International Business
New rules for foreign investment in Brazilian government biddings Brazil’s Ministry of Economy recently simplified the rules for foreign investment in government biddings. The new Normative Instruction nº 10/2020 was publicized in February 11, 2020 with aims to reduce...
by Botinha | Sep 20, 2019 | International Business
How to invest in Brazil Any person can invest in Brazil. Basically the requirements are that you have a CPF (“Cadastro de Pessoas Físicas”) or a CNPJ (“Cadastro Nacional de Pessoas Jurídicas”). They are Tax Ids: the CPF is for individuals and the CNPJ for...
by Botinha | Mar 25, 2019 | International Business
Foreign Direct Investments (FDI) – Law 4,131 The Brazilian company which is the recipient of the foreign investment in cash or in kind must obtain a number from the RDE-IED, which must be indicated in the foreign exchange agreement related to the foreign...
by Botinha | Mar 25, 2019 | International Business
Repatriation of Capitals after Doing business in Brazil Dividends Dividends are withholding income tax free regardless if paid to a tax treaty country or tax haven jurisdiction or not. The Brazilian Central Bank shall allow distribution to the non-resident...
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