Important Basic Information on Investing in Brazil
IV - FOREIGN CAPITAL
Brazilian monetary policy and foreign exchange rules prohibit the transfer of sums to other countries without the authorization of the Central Bank of Brazil.
Accordingly, after the legal entry of foreign capital into Brazil as payment of equity interest (initial capital and future increases) and the conclusion of the foreign exchange transaction, it is necessary to proceed to register such investment with the Central Bank of Brazil.
Currently, investments are registered electronically through the Central Bank's system.
Only after registration may transfers be made out of Brazil to pay for profit distributions or capital repatriation.
Any capitalization of distributed profits/dividends will be registered by the Central Bank as a reinvestment.
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