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 records required by the Central Bank of Brazil in the channels below:

+55 (11) 3292-5085

bacen@plbrasil.com.br

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