CGSIM – Addresses simplification measures and provides for the operational model of entrepreneur and legal entity registration and legalization

As from July 1, 2021, legal entities will be exempted from business name previous search if they choose to use the Corporate Taxpayer Identification Number (Cadastro Nacional de Pessoa Jurídica - CNPJ) as its business name.

LEGISLATION

CGSIM - Addresses simplification measures and provides for the operational model of entrepreneur and legal entity registration and legalization


Resolution CGSIM No. 66 , May 17, 2021 (published on the Federal Official Journal on May 21, 2021) amends Resolutions CGSIM No. 61/2020 and No. 62/2020. Among other measures, it is determined that: as from July 1, 2021, legal entities will be exempted from business name previous search if they choose to use the Corporate Taxpayer Identification Number (Cadastro Nacional de Pessoa Jurídica - CNPJ) as its business name, followed by digits identifying the company type.

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