The Annual Foreign Capital Census is conducted by BACEN with the aim of compiling statistics on the external sector, especially the International Investment Position, supporting the formulation of economic policy and assisting the activities of economic researchers and international organizations.
Therefore, in 2019, the Annual Census declaration for the base year ending December 31, 2018 must be submitted, until August 15, 2019 at 18:00 p.m..
The following entities are required to submit the aforementioned Annual Census declaration for the base year of December 31, 2018:
(i) Brazilian legal entities with direct participation of non-residents in their share capital, in any amount, and with net equity equal to or greater than the equivalent of US$100.000.000,00 (one hundred million US dollars) on December 31, 2018;
(ii) Investment funds with non-resident shareholders, and with net equity equal to or greater than the equivalent of US$100.000.000,00 (one hundred million US dollars) on December 31, 2018; and
(iii) Brazilian legal entities, with a total outstanding balance of short-term commercial credits (payable within 360 days) granted by non-residents equal to or greater than the equivalent of US$10.000.000,00 (ten million US dollars) on December 31, 2018.
Failure to provide the information required by BACEN, the provision of false, incomplete, incorrect information or information outside the deadlines and conditions provided for in the legislation result in fines, which may vary from R$25.000,00 in the case of late delivery of the Annual Census, to R$250.000,00, in the case of provision of false information), according to Circular No. 3.857/2017 of BACEN.
