Up to March 31, 2019, Brazilian entities that receive direct equity foreign investment in any amount must update, with the Brazilian Central Bank, their corporate and net equity positions related to the base date of December 31, 2018.
This update is part of the obligations applicable to entities that receive foreign direct investment and that must be complied with before the Central Bank.
The lack of or the late registration may trigger the application of penalties by the Central Bank.
Our Banking & Finance team is ready to assist you in complying with this obligation. For more information, please feel free to contact us.