We inform that the deadline for the annual update of the Corporate Board in the RDE-IED system, referring to the base date of December 31, 2020, expires on March 31, 2021.
Mandatory Criterion
The annual update of the Corporate Board is mandatory for foreign direct investment receiving companies with a total equity or equity of less than R$ 250 million.
Penalty
The non-provision or provision of false, incomplete, incorrect or outside the established deadlines subject offenders to a fine of up to R$ 250,000.00 (two hundred and fifty thousand reais), as established in Article 60 of Circular No. 3,857, of November 14, 2017.
The PLBrasil Group’s Foreign Capital teamis available to assist you with the registrations required by the Central Bank of Brazil in the channels below:
+55 (11) 3292-5085
bacen@plbrasil.com.br
Check out the latest Paralegal articles
How important is the approval of administrators’ accounts?
In the corporate calendar, the first quarter ends with a vital and sometimes neglected obligation: the Approval of Company Administrators' Accounts. Provided for in articles 1,078, of Law No. 10,406/2002 (Civil Code) and 132, [...]
2026 Quinquennial Census of Foreign Capital in Brazil: what has changed
The Quinquennial Census of Foreign Capital in Brazil has always been regarded as a well-known periodic obligation for companies with foreign investment. Starting in 2026, however, the model underwent significant changes that require attention: [...]
Obligations to the Central Bank of Brazil: A practical guide to declarations, requirements, and deadlines
Companies with operations involving foreign investment in Brazil and/or Brazilian capital abroad must manage a series of periodic obligations required by the Central Bank of Brazil (“BCB”). These filings are designed, among other objectives, [...]
Check out the latest Paralegal articles
How important is the approval of administrators’ accounts?
In the corporate calendar, the first quarter ends with a vital and sometimes neglected obligation: the Approval of Company Administrators' Accounts. Provided for in articles 1,078, of Law No. 10,406/2002 (Civil Code) and 132, [...]
2026 Quinquennial Census of Foreign Capital in Brazil: what has changed
The Quinquennial Census of Foreign Capital in Brazil has always been regarded as a well-known periodic obligation for companies with foreign investment. Starting in 2026, however, the model underwent significant changes that require attention: [...]
Obligations to the Central Bank of Brazil: A practical guide to declarations, requirements, and deadlines
Companies with operations involving foreign investment in Brazil and/or Brazilian capital abroad must manage a series of periodic obligations required by the Central Bank of Brazil (“BCB”). These filings are designed, among other objectives, [...]
