Agreements providing for commercial representation, promotion services or distribution are treated as fully distinct by Brazilian legislation. It is extremely important to observe the legal formalities. This article covers specific rules and obligations of contracting parties entering into these types of agreements.
Upon the enactment of Brazilian Law 9876/99, of November 26, 1999, a part of the system of social contribution payable by companies was modified, and one of the contributions payable by companies was fixed at 15% of the invoice for services rendered by work cooperatives. However, it seems that the requirement for the engaging companies to pay a 15% contribution on the invoices for services from work cooperatives is totally unconstitutional. This article explains the unconstitutionality of this law and discusses the impact of recent court decisions pertaining to this issue.
This CMS e-Guide contains an overview of international arbitration practice and chapters on the law and practice of arbitration in the jurisdictions covered. It is equivalent to Volume I of the printed version of the CMS Guide to Arbitration.
This InfoPAK (now known as ACC Guides) provides a high-level overview on private acquisitions law and practice in Brazil.
This InfoPAK (now known as ACC Guides) provides a high-level overview and practical analysis for public procurement issues and procedures in Brazil.
This InfoPAK (now known as an ACC Guide) provides a "question & answer" guide to corporate crime, fraud and investigations in Brazil. This guide gives a high level overview of matters relating to corporate fraud, bribery and corruption, insider dealing and market abuse. In addition, it summarizes money laundering and terrorist financing, financial record keeping, due diligence, corporate liability, immunity and leniency, and whistleblowing.
The author simplifies what some consider a complex, bureaucratic legal system — 18,000+ judges; 94 million law- suits in the pipeline; 27 million cases concluded annually; and 28 million new cases in annually.
Brazil recently passed the Clean Companies Act into law, signaling the country’s new and aggressive approach to stamping out bribery and corruption. As they can now be held liable for violations, companies should now take the opportunity to either review or establish anti-bribery and corruption programs, to ensure compliance with the Act.
Before your company begins acquiring raw material suppliers in Brazil and/or India, you need to learn a number of things about the acquisition process in each country. For example, why are asset sales so difficult in both countries? What are the consequences of jettisoning existing employees of the target? Read on to find out.
This ACC Guide (formerly known as an InfoPAK) provides the reader with a general overview of the economic conditions in four pertinent Latin America countries: Colombia, Mexico, Panama, and Brazil.