Annual statement to the Census of Foreign Capitals (CCE) must be submitted until August 15


Annual statement to the Census of Foreign Capitals (CCE) must be submitted until August 15


The Annual Census statement of Foreign Capital in Brazil must be presented until 06:00 pm on August 15 of this year, by the following entities:

  • Companies headquartered in Brazil, which have received direct investment from non-residents, in any amount, and with net equity equal to or greater than the equivalent of US$ 100 million, on December 31, 2016;
  • Investment funds with non-resident investors and net equity equal to or greater than the equivalent of US$ 100 million, on December 31, 2016. Fund’s managers are responsible for the statement; and
  • Companies headquartered in Brazil, which were debtors of short-term commercial credits (maturity up to 360 days), granted by non-residents equal to or greater than the equivalent of US$ 10 million, on December 31, 2016.

The following are exempt from providing the statement:

  • Individuals;
  • Direct administration entities in any sphere of the federation;
  • Legal entities liable for onlending of external credits granted by institutions headquartered in Brazil; and
  • Non-profit entities maintained by contributions from non-residents.

Failure to provide information regarding foreign capital in the country, as well as providing false, incomplete, incorrect or out of date information is subject to a fine.

Azevedo Sette’s Team is available for further clarification and additional assistance upon this matter.