Dear clients,
The registration of the Quarterly Economic-Financial Statement (DEF) with the Brazilian Central Bank (Bacen) for the base date of March 31, 2023 is now available.
According to the new rules of Bacen, the Brazilian companies with foreign direct investment which total assets are equal to or higher than R$ 300,000,000.00 (three hundred million reais) on the mentioned base date must submit the Economic-Financial Statement until June 30, 2023.
The untimely submission of information, the incorrect or incomplete submission, the non-submission or the submission of false information to Bacen, shall subject the company to penalties. The entity may also suspend the IED operation of the receiver, in which case the closing exchange for ingress and remittance will not be possible when linked to the IED code.
Our team is available to assist you.