Publication
2nd Circuit defers to executive will on application of sovereign immunity
The Second Circuit recently held that federal common law protections of sovereign immunity did not preclude prosecution of a state-owned foreign corporation.
Doing Business in Brazil
Guidelines for foreign investment
Global law firm Norton Rose Fulbright recently produced Doing Business in Brazil, an overview and guidance on foreign direct investment (FDI) in Brazil based on the firm’s vast experience of M&A transactions in the country. The guide, drafted by Norton Rose Fulbright’s São Paulo office, covers the major areas of concern for foreign investors such as currency and foreign capital regulations, the most common types of entities and companies, regulatory requirements and taxation. Norton Rose Fulbright’s Doing Business in Brazil is now available for download.
Silvia Fazio, Norton Rose Fulbright’s head of M&A in Brazil, says, “We produced an objective material, with a view of helping our clients who are willing to invest in the country. Brazil has a dynamic economy and was the most important M&A market in Latin America in 2023, both by deal volume and by aggregate value” (source TTR Data survey).
This guide examines the legal and regulatory corporate framework in Brazil, covering:
- Requirements for each of the main types of companies in Brazil
- Merger notifications and the role of the Administrative Council for Economic Defense (CADE)
- Overview of business taxation in Brazil
- Currency and foreign capital regulations and the role of the Central Bank of Brazil (BACEN)
Capital markets regulations put out by the Brazilian Securities and Exchange Commission (CVM).
Partner, Norton Rose Fulbright US Consultores em Direito Estrangeiro
Email
silvia.fazio@nortonrosefulbright.com
Recent publications
Publication
Key takeaways from the G7 Competition Summit on Artificial Intelligence
Facing the fast-growing development of AI across the globe, particularly Generative AI (GenAI), the G7 competition authorities and policymakers (Canada, France, Germany, Japan, Italy, the UK and the US) and the European Commission met in Italy on 3-4 October 2024 to discuss the main competition challenges raised by these new technologies in digital markets.
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