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Annual Report guarantees registry of US companies

Companies registered in the United States must submit their Annual Report to maintain their registry active and to update the company’s data, avoiding fines and more severe penalties. The report must be submitted to the state government where the company is registered. In […]

Joe Biden Tax Plan: what is important to know

After the unfolding of the vote counting in the last American presidential elections, it appears that Joe Biden will start his term as President of the United States in January 2021. In this context, the country’s tax system is likely […]

Legal Framework for Startups goes to vote in Congress

By Fernanda Marques Presented by the Executive Branch on October 20, for approval by the Chamber of Deputies, the Complementary Bill 249/2020 (PL 249/20) establishes the legal framework for startups and innovative entrepreneurship in Brazil. PL 249/20 establishes principles and […]

Drummond in the media: America News

Do you want to know more about the challenges faced by Brazilians who decided to invest in their own company in the USA? Follow the report of the America News! Louanni Cesario, our senior lawyer responsible for the Business Immigration […]

Get ready for the new accounting rule

Drummond Advisors’ Tax Department has gathered information on the main tax measures published in recent weeks in Brazil that may affect you and your company. Check out: 1- Changes to the Foreign Trade Declaration – Siscoserv The deadlines for submitting […]

Tax aspects of cost-sharing agreements

By: Fernanda Marques On January 31, 2020, ruling n. 1401-004.049, of the 1st Judgment Section, of the 4th Chamber and 1st Ordinary Panel of the Administrative Council for Tax Appeals (CARF), was published, determining the incidence of withholding income tax […]

New Brazilian Franchise Law

Alissa Campos On December 26, 2019, a new franchise law was sanctioned in Brazil. Law no. 13.966 — which can be consulted in its Portuguese version here  — seeks to bring more clarity and security to the relation between the […]

EB-5 now 80% more expensive for investors

For a long time, we’ve been hearing talks about a possible change in the rules to apply to EB-5, as it allows for the possibility of obtaining the Green Card many people dream about. After years of the program’s existence, […]

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