Brazilian companies with foreign direct investment which assets or net equity are equal or higher than R$250 million at the date-basis of June 30th, 2022, shall provide the Economical-Financial Statement (DEF) before Brazilian Central Bank (Bacen) until September 30th, 2022, related to the referred quarter.

According to article 34-B of Bacen Circular no. 3.689, as of December 16th, 2013, the obligation to provide the DEF is quarterly, and it is based in the last days of each fiscal quarter.

We highlight that Bacen has been rigorous in monitoring such information, requesting further clarification and additional information, reason why the company shall comply with the provisions set by such authority.

Plus, we reinforce that the non-presentation of the DEF, the provision of incomplete information or the default in its presentation shall subject the companies to penalties.

SAEKI ADVOGADOS' team is at your disposition to assist with the compliance of its obligation.