Companies earning foreign investment should attempt to the DEF deadline by the end of June

29/05/2018

ARTICLES

Companies earning foreign investment should attempt to the DEF deadline by the end of June


Companies receiving foreign direct investment with assets or shareholders' equity equal to or greater than BRL 250,000,000.00 are required to file the Economic and Financial Statement (DEF) on dates set by the Central Bank of Brazil, as established by Central Bank of Brazil Circular No. 3,814, of July-12-2016, amended by Circular 3,822, of Jan-20-2017.

Therefore, we highlight that DEF for the base date March 31, 2018 should be filed by June 30, 2018.


Penalties

It is noteworthy that the failure to provide the above statement or even filing it with false, incomplete, inaccurate information or after the deadline subjects the company to penalties established by the Central Bank.

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