Learn about the obligations with the Central Bank of Brazil for 2023

The Central Bank of Brazil (BC) released its obligations schedule for  2023.

See the schedule of obligations before the BC, the delivery time and which audience is responsible for each statement.

Statement TypeRegistration DateDelivery TimeAudience who must state
 
RDE IED STATEMENT- Including the Corporate FrameworkOrigin Event Date30 DAYS OF ORIGIN EVENTOnly when there is a financial transfer related to a non-resident investor in an amount equal to or greater than US$100,000.00.
ANNUAL PERIODIC STATEMENT – RDE IED31/12/202231/03/2023Waived
QUARTERLY PERIODIC STATEMENT – RDE IED03/31/2023; 06/30/2023; 09/30/202306/30; 09/30; 12/31/2023 respectivelyFor companies with foreign capital with Shareholders’ Equity or Assets equal to or greater than BRL 300,000,000.00
ANNUAL STATEMENT OF ASSETS ABROAD – Brazilian Capital Abroad (CBE)31/12/2022from 02/15/2023 at 6 pm until 04/05/2023Individuals and Legal Entities who have assets abroad equal to or greater than US$ 1,000,000.00
QUARTERLY ABROAD ASSET STATEMENT – Brazilian Capital Abroad (CBE)03/31/2023; 06/30/2023; 09/30/2023from 04/30/2023 at 6 pm to 06/5/2023; from 7/31/23 at 6 pm to 9/5/2023; from 10/31/23 at 6 pm to 12/05/2023 respectivelyIndividuals and Legal Entities who have assets abroad equal to or greater than US$ 100,000,000.00
2023 ANNUAL CENSUS31/12/2022from July 1 until 6 pm on August 17, 2023For companies with foreign capital with Shareholders’ Equity equal to or greater than US$ 100,000,000.00 on the effective date 12/31/2022 or having a total outstanding balance of short-term trade credits (payable within 360 days) granted by non-residents, in an amount equal to or greater than the equivalent of US$10 million, on the effective date of December 31 of the base year 2022.
FIVE-YEAR CENSUS31/12/2022There is no statementFive-Year Census 2023 only 2026
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Federal Revenue Obligations Foreign CNPJ

Statement TypeRegistration DateDelivery TimeAudience who must state
Final Beneficiary StatementCNPJ [Corporate Tax ID number] issued on 12/27/2018Up to 90 days from the issuance of the CNPJRepresentative in Brazil of the foreign investor; or
Final Beneficiary StatementCNPJ issued before 12/27/2018Until June 25, 2019National company with any investment by a national or foreign legal entity

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The New Exchange Rate Framework is already in effect. The measure was considered innovative, since it fully or partially repeals thirty-eight (38) legislative documents. This aims at modernizing and simplifying foreign exchange operations in Brazil by promoting the promotion of the business environment and reducing bureaucracy in foreign exchange operations. The new legislation also provides for Brazilian capital abroad, foreign capital in Brazil and the provision of information to the Central Bank of Brazil (BCB).

Full article at: https://drummondadvisors.com/2022/01/27/as-principais-mudancas-trazidas-pelo-novo-marco-legal-do-mercado-de-cambio-brasileiro-lei-no-14- 286-21/

Written by Marcos Ferreira, Content Assistant to Drummond Advisors