The Quarterly Declaration of Brazilian Capitals Abroad (“DCBE”) is mandatory for residents of Brazil who hold assets (assets and rights) abroad (including real estate, deposits, availability in foreign currencies, among other assets) that total an amount equal to or greater than the equivalent to US $ 100,000,000.00 (one hundred million US dollars) on June 30, 2021.

These capitals must be declared to the Central Bank of Brazil (“BACEN”), annually or quarterly, according to the framework. The declaration is mandatory for individuals or legal entities resident, domiciled or headquartered in Brazil, holding abroad, assets in which the total amount is:

  • One milion dollars (US$ 1.000.000,00), or equivalent in other currencies, on the base date of December 31st– Annual CBE; or
  • One hundred million United State dollars (US$ 100,000,000.00), or equivalent in other currencies, on March 31st, June 30th and September 30th, of every year – CBE Quarterly.


The delivery of the declaration beyond the deadline, as well as the delivery with errors or vice, or the non-delivery of the declaration may entail fines ranging from BRL 2,500.00 (two thousand and five hundred reais) to BRL R$ 250,000.00 (two hundred and fifty reais), which may be increased up to 50% in some cases.


The purpose of this statement by BACEN is to create a statistic of the total foreign assets and liabilities of the Brazilian economy. The DCBE, in this way, helps to assess the degree of internationalization of our economy.


In cases where the amount subject to the declaration is susceptible to change resulting from an audit process in financial statements, the declarant must file his declaration within the regular term and, within 60 (sixty) days after the expiration of this term, update his declaration with the final, correct and complete information.

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

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