Demarest announces hiring of new tax partner

Fabio Florentino, new partner of Demarest

Fabio Florentino will concentrate his practice in indirect taxes to further strengthen the tax area, combining taxation and data technology

Demarest Advogados, one of the largest and most renowned full-service law firms in Latin America, announces the hiring of Fabio Florentino as a new partner in the tax area, at a time when the country has just approved a comprehensive tax reform and, additionally, when several supplementary laws are expected to be issued by the Brazilian Congress to regulate changes throughout 2024.

With 24 years of experience in the legal market, Fabio dedicates his practice to indirect taxes (taxation on consumption), mainly in tax planning projects and highly complex tax disputes.

Demarest’s newly hired partner holds a master’s degree in Corporate Law from Ibmec (current Instituto Insper), a post-graduate degree in Tax Law from Associação Paulista de Estudos Tributários (APET-SP), and a bachelor’s degree in Information Technology from FIAP. Throughout his career, Fabio has advised both domestic and international ​companies from a wide range of sectors, such as: automotive, healthcare, telecommunications, aviation, technology, mining, and retail.

“Fabio’s arrival further reinforces the excellence of the service we provide to our clients and is in line with our strategic planning to expand Demarest’s offering in key sectors. His joining is also expected to leverage new business ventures – especially following on from the first comprehensive reform of the Brazilian tax system, after more than 30 years of debates in the Brazilian National Congress”, says Paulo Coelho da Rocha, Demarest’s managing partner.

Fabio Florentino also highlights that the approval of the constitutional amendment to the tax reform on consumption will pose numerous challenges to the entire Brazilian economy in the coming years. “Given this landscape and the effect of information technology on this sector, tax consulting will face challenges never imagined. Becoming a partner at Demarest is in line with the firm’s cutting-edge vision, which means we are always at the ready to assist clients facing this transition period by proposing innovative solutions, as well as to strengthen their market positioning with a view to generating added value to their businesses”, says the new partner.

Douglas Mota, Demarest’s executive director and tax partner, emphasizes that “Fabio is joining our team at a critical moment in Brazil’s tax history”. He adds: “His experience – after years of working in the tax market, combined with his expertise in technology – will contribute to our further refinement at a time when the joint effort between taxation and data technology is critical for taxpayers. Our team is even stronger now”, he says.