Regulation authorizes new installment agreement program
10/30/2019 A regulation (ICMS Agreement No. 152) was issued on October 11 allowing the São Paulo State government to create a new installment agreement program for the payment of overdue taxes on the circulation of goods and services (ICMS) and to waive or reduce applicable fines and other statutory charges. Under this regulation, the program […]
A New Regulatory Framework on Good Manufacturing Practices for Drugs
10/30/2019 The plenary board of the Brazilian health surveillance agency ANVISA issued on October 7 a regulation laying down the regulatory framework on good manufacturing practices (GMP) for drugs in Brazil (resolution No. 301 of August 21, 2019). Fourteen new normative rulings were also issued on August 21 introducing supplementary rules. Even though already in […]
New rules for piercing the corporate veil under Brazilian law
10/30/2019 Recently sanctioned by the Brazilian President, Act nº 13.874/19 – better known as the “Economic Freedom Act” (“Act”) – entailed various legislative changes, including in relation with “piercing the corporate veil” as provided for in the Brazilian Civil Code (“CC”). The main purpose of the changes brought about by the Act was to reaffirm […]
Declaration of Economic Freedom Rights – Impacts on Labor Relations
10/30/2019 Effective as of last September 20, Law 13.874/2019 (also known as Law of Economic Freedom) introduced a few changes in the legislation in terms of corporate, tax and labor matters, the main purpose of which was to put an end to the bureaucracy that prevents the Brazilian economy from growing. In labor matters, object […]
The BRICS will now have an arbitration center in place
10/31/2019 The BRICS – an association between Brazil, Russia, India, China and South Africa – held on October 2019 the 2019 Legal Forum, where an important step was made towards the creation of an arbitration center between all five BRICS countries. Taking advantage of the New Development Bank’s[1] (NBD) considerable momentum and with the purpose […]
Abertura de Contas em Moeda Estrangeira: o que pretende o PL da Liberação Cambial ?
29/10/2019 Como informamos em nosso mais recente alerta financeiro, o Banco Central do Brasil apresentou ao Congresso Nacional no dia 7 de outubro de 2019 o Projeto de Lei nº 5387 , que representará um novo marco regulatório cambial no Brasil, se aprovado. Nossa equipe da área Financeira irá abordar os pontos mais importantes […]