The guides for registration of individual entrepreneurs, limited liability companies, limited liability individual enterprise ("EIRELI"), cooperatives and corporations have been changed. They were issued by the Department of Registration and Business Integration ("DREI") to change the provisions concerning the opening of branches, in relation to the indication of activities performed and corporate capital assigned to the branches. With more flexibility, there is no need to include the activities that will be developed by the branches in the activities performed by the head office.
A new formality was created for the incorporation of limited liability companies and EIRELIs in which a state-owned or controlled company, agency or public foundation has interest: the presentation of the publication on the Federal, State, Federal District or Municipality Register that contains the legislative authorization allowing the incorporation of such company. This step was only in the registration guide for corporations and is now also included in the registration guides for limited liability companies and EIRELIs.
DREI Instruction 50 was published on October 11, 2018 and will go into effect on November 14, 2018, amending, as explained, the guides for registration approved by DREI Instruction 38, dated as of March 2, 2017.
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