A nova lei remodela os conceitos de empresa de trabalho temporário e de empresa tomadora de serviços, assim como traz nova definição de empresa prestadora de serviços a terceiros. Prevê também diminuição substancial do capital social exigido para as sociedades envolvidas na realização das atividades em questão, que agora passa a ser de R$ 100 […]
Read MoreOn August 30, 2016 the Brazilian Securities and Exchange Commission (Comissão de Valores Mobiliários –CVM) issued CVM Instruction No. 578 (ICVM 578/2016), which modernizes the rules on the incorporation, functioning and administration of Private Equity Investment Funds (Fundos de Investimento em Participações – FIPs). The relevant issues to be highlighted are mentioned below. Nature of […]
Read MoreBrasília – During a mission that lasted 25 days and covered seven Asian countries, a Brazilian delegation led by Agriculture minister Blairo Maggi discussed increasing trade and the sale of Brazilian products such as meats, dairy products and grains. The mission, comprising government officials and executives from Brazilian agribusiness companies, travelled to Vietnam, Malaysia, India, […]
Read MoreAug 25 Brazil’s BNDES development bank will expand credit lines to large companies for working capital and for companies buying assets up for sale due to bankruptcy restructuring, the bank’s president, Maria Bastos Marques, said on Thursday. At the same news conference in Brasilia, Planning Minister Dyogo Oliveira said signs of the start of an […]
Read MoreThe Executive Secretary of Brazil´s Investment Partnership Programme (PPI), Wellington Moreira Franco, said the government is reviewing the public concession model used in recent years. According to him, the goal is to provide more transparency to the process, encouraging the participation of medium sized companies – until then not included in the process – and […]
Read MoreIn Latin America, mergers and acquisitions in the renewable energy sector have practically doubled over the past year. No other region in the world has experienced such a rate, according to data collected by PricewaterhouseCoopers, the accounting and consulting firm in Power & Renewables Deals 2016 Outlook and 2015 Review, published in February. Over the […]
Read MoreAn economic and political crisis has hit Brazil during the last few years. Because of rising unemployment and high inflation, Brazilian consumer consumption has greatly decreased. According to Brazil’s National Industry Confederation, a non-profit organization that represents Brazilian industry, 59 percent of Brazilians have experienced a loss in purchasing power, which is forcing consumers to […]
Read MoreDespite the political turmoil, the Zika virus, junk bond rating of its sovereign debt and its deepest recession in a century, Brazil still stands as one of the world’s largest economies – and one of the most important trading partners for Ireland in South America. Back in 2009 when Rio de Janeiro was awarded the […]
Read MoreBrazil’s green-building sector continues to grow, seeing a 30 percent increase in the use of the LEED green building rating system over last year, according to a new U.S. Green Building Council report. The 2016 LEED in Motion: Brazil report was released at the annual GreenBuilding Brasil International Conference and Expo in São Paulo, Brazil. “The many […]
Read MoreSÃO PAULO—A Brazilian local court named two firms to be judicial administrators of troubled telephone company Oi SA during its judicial recovery process. The local court, based in Rio de Janeiro, named audit company PricewaterhouseCoopers Assessoria Empresarial and law firm Escritorio de Advocacia Arnoldo Wald to be administrators. “The judicial administrators will be responsible for […]
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