Annual Periodic Statement
Until March 31, 2025, Brazilian companies receiving foreign direct investment – in any amount – and which had, on the base date of December 31, 2024, total assets equal to or greater than BRL 100,000,000.00 (one hundred million reais), must submit the Annual Periodic Statement to the Brazilian Central Bank (“Bacen”).
Periodic Quarterly Statements
In addition to the Annual Periodic Statement, Brazilian companies receiving foreign direct investment which, on March 31, June 30, and September 30, 2024, had total assets equal to or greater than BRL 300,000,000.00 (three hundred million reais), must submit to Bacen the Quarterly Periodic Statements, observing the following deadlines:
a) for the base date of March 31: deadline for submission from April 1 to June 30;
b) for the base date of June 30: deadline for submission from July 1 to September 30; and
c) for the base date of September 30: deadline for submission from October 1 to December 31.
The Annual and Quarterly Periodic Statements must be provided to Bacen through the SCE-IED system available on Bacen website – www.bcb.gov.br.
Non-submission, untimely submission, or submission in breach of the conditions provided for in the regulations in force regarding Periodic Statements, or, even, the submission of false, incomplete or incorrect information, may subject the individuals and legal entities referred to above pecuniary penalties set forth in the Brazilian Central Bank Resolution No. 131, of August 20, 2021.
The Corporate Law Department of Felsberg Advogados remains available for any further clarifications deemed necessary.
For more information, please contact: Claudia Maniaci (ClaudiaManiaci@felsberg.com.br), Maria Carolina Guazzelli (CarolinaGuazzelli@felsberg.com.br), Lucas von Wieser Ruggeri (LucasRuggeri@felsberg.com.br), Victória Machado de Barros Cruz (VictoriaCruz@felsberg.com.br), or Pamina Brognara Rodrigues (PaminaRodrigues@felsberg.com.br), partners and associates in the Corporate department, respectively.
Kind regards,
FELSBERG ADVOGADOS
CORPORATE LAW DEPARTMENT
This publication is for informational purposes only and does not contain any opinion, recommendation, or legal advice from Felsberg Advogados regarding the topics discussed herein.
