Publicado em 19/03/2019

Declaration of Economic-Financial Information to the Brazilian Central Bank – Deadline March 31, 2019

All Brazilian companies that receive direct foreign investment must update, at least once a year, their economic-financial information with the Electronic System of the Central Bank of Brazil (SISBACEN).

Until March 31, 2019, all Brazilian companies that had direct foreign investment as of December 31, 2018 shall provide the Declaration of Economic-Financial Information related to such date in the Electronic Registration of Direct Foreign Investment (RDE-IED) of the Brazilian Central Bank, subject to fines that may be imposed by the Brazilian Central Bank, according to the regulation currently in force.

Companies with direct foreign investment that have total assets or net equity equal or exceeding BRL 250 million shall provide other three additional declarations during the year, respecting the deadlines of June 30 (with respect to base date March 31), September 30 (with respect to base date June 30) and December 31 (with respect to base date September 30).

Dias Carneiro Advogados is entirely available to assist with this matter.