Companies recording direct foreign investment, whose assets or equity is equal to or greater than R$250 million are required to report the quarterly DEF by December 31, 2020.
Actual Income is a model admittedly more complex, which makes many companies avoid it today. In fact, specialized accounting advice is needed to support the implications of this choice.
It makes the filing of the Power of Attorney with a notarized signature mandatory, being restricted under a registry by means of the Service Dossier Process (Service Digital Dossier/DDA).
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