Category Archives: News

STARTUPS’ LEGAL LANDMARK

Startups legal landmark

Last Tuesday (5/11/2021), the Chamber of Representatives approved the Complementary Law Project no. 146/2019, popularly known as the Startups’ Legal Landmark and Innovative Entrepreneurship (“Legal Landmark”), which aims to define the rules for the startups’ operation in the country. Complementary Law Project now follows for presidential approval and it was enthusiastically received by the sector’s […]

Provisional Measure No. 1,046 / 2021 – Reissue of Labor Measures against COVID-19, including extension of deadlines for the payment of FGTS

On 4/27/2021, the Federal Government published Provisional Measure (PM) No. 1,046, which was predominantly a reproduction of PM 927/2020, which provided for several labor measures to face the consequences of the coronavirus (covid-19) pandemic. It is important to point out that the measures provided for in PM 1.046 can only be applied until the end […]

Provisional Presidential Decree No. 1.040/2021

The recently published Provisional Presidential Decree No. 1.040/2021 (hereafter referred to as “PPD”) seeks to encourage the business environment and to improve Brazil’s position in the World Bank ranking Doing Business, a worldwide reference about the business environment of a determined country. The PPD aims, with the changes brought by it to the current Brazilian […]

New Emergency Program for Maintaining Employment and Income through Provisional Measure No. 1.045/2021

New Emergency Program

Provisional Measure No. 1,045/2021, published on 4/27/2021, institutes the New Emergency Program for Maintaining Employment and Income and provides complementary labor measures to deal with the state of public calamity due to Covid-19. The PM 1.045 basically brings back the Program of the PM 936/2020, with minor adjustments. PM 1,045 allows the reduction in the […]

Brazil and the pandemic, great potential for growth in the aftermath of the crisis

by Giacomo Guarnera* Although in a context of economic crisis caused by the COVID-19 pandemic, which has also hit Latin America strongly, in Brazil some sectors still show significant growth and dynamism potential, such as the automotive industry, renewable energies, the entire telecommunications chain and in particular agro-business. This is accompanied by investments planned until […]

Guarnera Advogados supports Prima Sole Components in the acquisition of the brazilian operations of Batz Group

An articulated negotiation, which provided for the signing in December 2019, allowed the Italian Group PSC, a leader in the production of automotive components and with revenues of more than Euros 700 million in 2019, to consolidate its position in the Brazilian automotive market. Guarnera Advogados, an Italian-Brazilian international law firm, supported the Italian automotive […]

Authorization to travell to the Europe Union

As of 2021, all non-EU citizens of the Schengen Area, who were previously exempt from the visa requirement, will need a travel authorization. The Schengen Area, or Schengen Agreement, corresponds to a treaty that guarantees European citizens the right to transit, without the need of passport control, in 26 countries on the continent.  With the […]

São Paulo State authorizes ICMS/ST debts installment payment

Through the Joint Resolution of São Paulo’s State General Attorney and Public Finance and Planning Department published on August, 14th, the ICMS/ST debts installment payment is now authorized up to 60 installments.Debts registered or not in active debt, judged or not, may be paid in installments.Installments’ admission term end on December, 12th, and the adherence […]