Relevant regulatory changes improve the Brazilian corporate environment

The Brazilian government is committed in transforming the business environment in Brazil, improving regulatory conditions for entrepreneurs and companies that drive our economy. This article will cover about the important changes for the corporations brought both by the Legal Framework for Startups, and by Law 14.195/21. One of the government’s main platforms is to reduce […]

Federal Supreme Court reverses decision of the Superior Labor Court on the accountability of economic groups

The Federal Supreme Court (STF) through the decision of rapporteur judge Minister Gilmar Mendes, reviewed the decision of the Superior Labor Court (TST) that held a company of the same economic group responsible, without it having had any participation during the process, having only been included as a defendant in the execution phase. According to […]

Conversion Bill 15/2021 of Provisional Presidential Decree 1.040 – Extinguishment of the EIRELI

On June 23, 2021, the drafting of the Provisional Presidential Decree 1.040 (“PPD”) was approved by the House of Representatives, bringing an important change to corporate law, the transformation of the Limited-Liability Proprietorship (“EIRELI”), introduced by Law no. 12.441/11, into Single-Member Limited Liability Company (“SLC”), introduced by Provisional Presidential Decree 881, which was later converted […]

European Union Funding: new perspectives and opportunities

Brazil shares strong cultural and historical ties with the European Union (EU), it was one of the first countries to establish diplomatic relations with the EU in the 1960s and was recognized in 2007 as one of the EU’s main global partners through the formal establishment of the EU-Brazil strategic partnership, which covers issues such […]

LABOR AGREEMENTS AND THEIR ADVANTAGES FOR THE COMPANY

Conciliation is the act by which the judge offers the employee and the company the opportunity and bases for the composition of their conflicting interests. The Consolidation of Labor Laws (CLT) makes the proposal of conciliation mandatory in two moments in the process, and if these opportunities do not occur, the judgment of the case […]

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 […]