Our Partners Recognized by Best Lawyers Brazil 2025
Our partners, Marcos Vinicius Neder and Roberta de Lima Romano, have been recognized in the Best Lawyers Brazil 2025 ranking, which highlights outstanding professionals across […]
Read more...
Starting February 15, the Declaration of Brazilian Capital Abroad (DCBE) for the 2024 base year must be submitted.
Key Points:
✔️ Mandatory Filing: The DCBE is required for individuals or legal entities residing in Brazil that hold foreign assets equal to or exceeding USD 1,000,000.00.
✔️ Scope: The declaration must include assets, rights, financial instruments, foreign currencies, deposits, real estate, company shares, securities, trade credits, and other holdings abroad.
✔️ Penalties: Failure to submit the DCBE or providing incorrect information may result in fines of up to BRL 250,000.00.
Foreign-Controlled Entities: Must comply with the new guidelines of Law No. 14.754/2023, which requires the preparation of an annual balance sheet following international accounting standards (IFRS) or Brazilian GAAP (BR GAAP), depending on the case.
We are available to assist with any questions regarding the declaration process.
Authors:
Related posts
CARF Upholds IRPF Taxation on the Assignment of Athletes’ Image Rights
In a unanimous decision, the 2nd Panel of the Higher Chamber of the Administrative Council of Tax Appeals (CARF) upheld the Personal Income Tax (IRPF) […]
Read more...Key Changes in the Tax Reform with the Enactment of Complementary Law 214/25
On January 16, 2025, Complementary Law 214/25 was enacted and published with partial vetoes, regulating Brazil’s tax reform, which originated from PLP 68/24. As our […]
Read more...
Address
Av. Açocê, 281
Indianópolis – São Paulo (SP)
CEP 04075-021