Ordinary Shareholders’ Meeting  

Term

For corporations and limited companies with social year ended on December 31st, 2021, the deadline is April 30th, 2022 

For corporations and limited companies with social year ended on March 31st, 2022, the deadline is July 31st, 2022. 

Purpose

Take the management accounts and resolve on the balance sheet, financial statements, and economic result, among other matters. 

Other contractual, statutory or legal obligations must be checked such as the need to distribute dividends, designation of administrators and Boards. 

 

Virtual Meeting

Remote attendance and voting in the meeting are admitted. 

  

Large companies 

Large companies (company or group of companies under common control, with total assets exceeding R$ 240 million or gross annual revenue above R$ 300 million), even if not established as a corporation, shall comply with the provisions of Law 6.404/76 regarding bookkeeping, financial statements and mandatory independent auditing by auditors registered with Brazilian Securities and Exchange Commission (CVM). 

 

Ordinary Meeting of the Board of Directors or Fiscal Council 

If applicable and required by the articles of association/bylaws, the company shall comply with the procedures and matters to be resolved in eventual ordinary meetings of the Board of Directors and Fiscal Council, or eventually other bodies. 

  

Power of attorney

Check power of attorneys in force, terms, powers, including the power of attorneys granted by shareholders. Power of attorneys executed abroad shall observe specific conditions. 

 

Should you have any questions or need any assistance regarding these or other legal obligations, please do not hesitate to contact us.