Foreign investment: companies must submit quarterly DEF statement by June 30

Companies receiving foreign direct investment with assets or net worth equal to or greater than BRL 250 million must submit their Economic-Financial Statement (Declaração Econômico-Financeira - DEF) to the Central Bank every three months. The upcoming statements pertaining to the base date of March 31 must be submitted by June 30.

Statements shall be filed through the RDE-IED system (Electronic Registry of Foreign Direct Investment) of the Central Bank of Brazil. Data entered shall include only information on the receiving companies and not on their corporate groups.

Penalties

Legal entities that fail to submit their DEF statements as well as those presenting false, incomplete, incorrect or untimely information will be subject to a fine of up to BRL 250,000.00.

Read more about other obligations and due dates set by the Central Bank for 2022.

Professional support

Domingues e Pinho Contadores provides guidance to companies that are required to correctly submit information related to their capital flow, ensuring compliance with the regulations set forth by the Central Bank of Brazil. You can count on our support: dpc@dpc.com.br.