News & Recent Work

Eletronic Compliance Assessment by COAF

The Council for Financial Activities Control ("COAF") initiated yesterday, August 3, 2022, the Electronic Compliance Assessment ("AVEC") to verify if supervised entities are abiding by Resolution No. 36 (March 10, 2021). ...

ANATEL measures to mitigate abusive telemarketing practice in Brazil

According to the National Telecommunications Agency (“ANATEL”), the largest number of unwanted advertising calls made in the world occurs in Brazil. This fact was also revealed by Truecaller, a Swedish company that provides a caller ID and spam blocking application with...

Azevedo Sette is recognized as reference in Private Wealth Law by the Chambers HNW 2022 guide

Azevedo Sette and team were recognized by Chambers High Net Worth 2022, the Chambers and Partners’ guide that ranks the leading lawyers and law firms for international private...

Companies with foreign investment have until August 15 to submit their 2022 annual census to the Brazilian Central Bank

Every year the Central Bank conducts censuses on foreign investments in the country, with the objective of consolidating information on non-resident inflows of capital and general data on the foreign sector of the economy....

New guidelines to Brazil´s Clean Company Act

Yesterday, July 12, 2022, Decree 11.129 was enacted, which regulates Law 12.846/2013 (the “Clean Company Act”), which holds companies administratively and civilly liable for acts against the public administration, national or foreign. The new rules will take effect on July...

Azevedo Sette and TozziniFreire in design start-up buy

Chicago-headquartered software company Thoughtworks has enlisted Brazilian firm TozziniFreire Advogados to acquire local design company Handmade Assessoria...

Foreign tax credit under American new legislation and Brazil’s convergence towards OECD guidelines

On December 28, 2021, the American Treasury Department released final regulations (TD 9959, Final Regulations) regarding foreign tax credit (FTC) to be offset in the USA. In a nutshell, the legislation under which the tax was paid abroad must be reasonably similar to US...

Guide For Evaluating Country Risk for Global Investments in 2002

The senior partner and lead of TMT - Telecommunications, Media and Technology team at Azevedo Sette Advogados, Ricardo Barretto Ferreira is the exclusive author of the Brazil Chapter in "Guide for Evaluating Country Risk for Global Investments" with the contribution of Juliana...
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