By Marcia Calafate and Marcel Nunes, partner and associate of International Trade, Commercial Contracts, Mergers & Acquisitions, Real Estate group of Trench Rossi Watanabe, respectively From a legal standpoint, the coronavirus epidemic has a direct impact on commercial relations, especially those comprising the delivery of a product or of a service, such as purchase and […]
By Paulo Casagrande and Mariana Rosa, partner and associate of Antitrust group of Trench Rossi Watanabe , respectively The Brazilian authorities have started to take containment measures amid the rise of Covid-19 cases locally and the continued worsening of the situation in the country and abroad. Accordingly, the Administrative Council for Economic Defense (CADE – […]
By Heloisa Uelze, Felipe Ferenzini, partners of the Trench Rossi Watanabe Compliance group With the declaration of a Covid-19 pandemic by the World Health Organization (“WHO”), governments in several countries have created laws and regulations that provide measures to deal with the new pandemic. In Brazil, rules have already been published (and new ones should […]
The Brazilian Federal Environmental Protection Agency (IBAMA) published Normative Instruction No. 12, on 26 March 2020, establishing that the deadline to file the Annual Activities Report (RAPP), which is an obligation related to the Federal Registry of Potentially Pollutant Activities that Use Natural Resources (CTF/APP), for the year of 2019, has been extended. The new […]
Due to COVID-19 pandemic, the Brazilian Central Bank decided to postpone the submission deadline for Brazilian Statement of Foreign Assets (the so called “DCBE”), according to Circular 3,995 of 2020. The annual statement, which provides the position of foreign assets as of 12/31/2019, had its deadline extended to 6/1/2020 and the quarterly declaration, which provides […]
The Infrastructure and Environment Protection Office of the State of São Paulo – SIMA published Resolution SIMA No. 24/2020 on March 24, 2020. It consolidates some provisions of Resolution SMA No. 51/2016, which regulates the conversion of fines program. The updates aim at addressing provisions established on Section IV of State Decree No. 64,456/2019, which […]
The Brazilian IRS and the Federal Attorney Office have jointly enacted Ordinance n. 555 extending the validity of the federal tax debt clearance certificates for 90 days. Also, Brazilian IRS has published Ordinance n. 543, setting forth special rules for personal assistance at its offices and adjourning procedural terms and deadlines until the 29th of […]
On March 9th, 2020, the Municipality of São Paulo enacted Law no. 17,324/20, to foster out of court resolution of disputes, aiming a better control and reduction of the Municipality’s legal demands. With regard to existing debts, of tax nature or not, the new Law authorizes the Municipality to proceed with transactions involving debts in […]
Yesterday (22.03), the Government enacted a Provisional Measure (“MP”) with labor alternatives for dealing with the coronavirus in Brazil. Among the provisions, the MP recognizes the coronavirus pandemic as a force majeure, allowing the application of specific force majeure provisions already provided in Brazilian legislation in relation to employee working hours. The MP sets forth […]
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