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 […]

Italian normative ruling validates fiscal benefits for those who transfer their fiscal residence to the Country.

In a normative ruling of July/19, Italian Government confirmed the prediction of fiscal benefits for a series of natural person that transfer their fiscal residence to the Country. Among the beneficiaries, there are Italian docents and researchers that are currently living abroad, even though they are not registered on AIRE. For this group, the reduction of […]

Those who perform operations with crypto actives must inform Brazilian Federal Revenue Service

From August, 1st onwards, individuals, legal entities and brokerage firms that carry out purchase and sale of crypto actives must provide information to Brazilian Federal Revenue about performed operations. Crypto is any virtual currency traded electronically using encryption, as well as distributed registers technologies. Declarations will be required from: 1) National Exchanges, thus understood as legal […]

Brazilian Federal Revenue modifies companies’ qualification deadline in Integrated Foreign Trade System (SISCOMEX)

On the last Jun 16th came into force the Normative Ruling RFP nº 1893/2019 that establish relevant newness for companies qualified in Siscomex. Pursuant to the new Normative, the validity of the qualification on the Radar will be only 6 months long, counted from the last import or export operation registered on Federal Revenue system, since it […]

COMPLEMENTARY LAW 167 ON THE SIMPLE CREDIT COMPANY

On 24th of April 2019, the current President of the Republic, Jair Messias Bolsonaro, promulgated the Complementary Law No. 167/2019, which disciplines the simple credit company (ESC) and amends Law No. 9.613 / 98 (Anti-Money Laundering Law) , the Law nº 9.249 / 95 and the Complementary Law nº 123/06 (Simples Nacional Law), in order […]

INDICATION OF FINAL BENEFICIARY: Deadline postponed for 180 days

Through the publication of the Normative Instruction No. 1.863/2018, which revoked the Normative Instruction No. 1.634/2016 and 1.684/2016, the Internal Revenue Service of Brazil postponed the deadline for the indication of the final beneficiary for 180 (one hundred and eighty) days . The obligation to indicate the final beneficiary, previously treated in the Normative Instruction No. 1.634/2016 […]

New Regulation on Income Tax introduces important changes in the taxation of inheritance and donation to non-residents

The New Regulation on Income Tax was published in 22.11.2018 (Decree 9.580/2018) and entered into force on the same date.At first, from a general reading of its more than a thousand articles, this regulation was considered a consolidation of the regulations, with the updating of concepts and the regulation of fiscal nature’s topics that, during […]

The deadline for the presentation of the Brazilian Capital Declaration abroad The deadline for the presentation of the Brazilian Capital Declaration abroad (DCBE) to the Central Bank of Brazil is already in progress.

The deadline for the presentation of the Brazilian Capital Declaration abroad (DCBE) to the Central Bank of Brazil is already in progress. Last week, it started to run the deadline for the presentation of the Brazilian Capital Declaration abroad that has to be sent through the Central Bank System of Brazil within the 05.04, to […]