Tag: capital
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Foreign Capital in Brazil 2012 Census – Central Bank
The Brazilian Central Bank has created the Foreign Capital Annual Census. According to BC´s rules, the declaration is obligatory for Brazilian Companies, which, on December, 31st, 2011: 1) had foreign capital participating in its registered capital (10% or more of voting rights) in any amount and a net worth equal to or greater than US$100…
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Brazilian Individual Limited Liability Company
Next January 11th, an amendment to the Brazilian Civil Code will come into effect, allowing the incorporation of an Individual Limited Liability Company. From a worldwide perspective, the so-called Limited Liability Individual Company is not really a new concept, as the laws of a number of countries, including France, Spain and Italy already foresee companies of this legal nature. It…