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
Ultimate Beneficial Owner: Stay Compliant and Avoid CNPJ Suspension
In line with measures to prevent and combat tax evasion, corruption and money laundering, the Brazilian Federal Revenue [...]
End of CNPJ Desk at the Federal Revenue Service: Impacts for companies
In view of the increasing digitalization of public services, it is important to be aware of changes in the way the Brazilian Federal Revenue Service provides services. In line with the trend towards optimization [...]
Regularization of Rural Properties: Ensure the legal security for your property
The regularization of rural properties is a process through which all legal obligations inherent to rural property are mapped and fulfilled, ensuring transparency to owners and potential interested parties regarding compliance with all required [...]
Check out the latest Paralegal articles
Ultimate Beneficial Owner: Stay Compliant and Avoid CNPJ Suspension
In line with measures to prevent and combat tax evasion, corruption and money laundering, the Brazilian Federal Revenue [...]
End of CNPJ Desk at the Federal Revenue Service: Impacts for companies
In view of the increasing digitalization of public services, it is important to be aware of changes in the way the Brazilian Federal Revenue Service provides services. In line with the trend towards optimization [...]
Regularization of Rural Properties: Ensure the legal security for your property
The regularization of rural properties is a process through which all legal obligations inherent to rural property are mapped and fulfilled, ensuring transparency to owners and potential interested parties regarding compliance with all required [...]