SUSEP ISSUES NEW RULES FOR LARGE RISKS INSURANCE

On 31st March, 2021, the Brazilian Private Insurance Superintendence (Susep) issued Resolution CNSP No. 407/2021, which regulates general principles and characteristics for drafting and selling large risks coverage insurance contracts. The new norm, in tandem with...

STF rules that ISS should be levied over software transactions

On 18th February 2021, the Brazilian Supreme Court (“STF”) ended a dispute of many years and ruled that Municipal Service Tax (“ISS”) is the correct tax to be levied on software transactions, especially in respect of software licensing and use assignment transactions....

BASIC BRAZILIAN LABOUR AND EMPLOYMENT RIGHTS AND ENTITLEMENTS

Click the link below to read the document in PDF format: DOING BUSINESS IN BRAZIL – Basic Labour and Employment Rights and Entitlements – Montgomery & Associados – September 2020 A complimentary overview provided by Montgomery & Associados...

BRAZIL’S FEDERAL GOVERNMENT PROPOSES LEGAL FRAMEWORK FOR START-UPS

Brazilian President Jair Bolsonaro has sent to the House of Representatives a Bill of Law seeking to create a legal framework for start-ups. The Bill of Supplementary Law has been numbered No. 249/2020 and attached to Bill of Supplementary Law No. 146/2019, which also...