News & Recent Work

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...

Brazil chapter: Telecom & Media

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 "Lexology GTDT - Telecoms and Media" with the contribution of Sylvia Werdmüller von Elgg...

Licensing of Telecommunications Antennas in Brazil

In Brazil, Law No. 13,116/2015 (Antenna Law) stipulates the general rules relating to the process of licensing, installation, and sharing of telecommunications infrastructure, being the main legal provision dealing with the licensing of telecommunications antennas in the...

Provisional Measure changes the legal nature of the Brazilian Data Protection Authority

Today the President of the Republic published the Provisional Measure No. 1,124/2022 in order to change the nature of the Brazilian Data Protection Authority (“ANPD”), which until then, was only a body of the federal public administration with a transitory legal nature....
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