FOREIGN INVESTMENT

The registration of foreign capital must be made with Central Bank of Brazil within thirty days counted upon the day of its origin (entrance in the country, conversion, etc.) or ninety days after customs clearance, in case they are made up of tangible assets.

Central Bank of Brazil provides the list of required information and procedures for the foreign capital registration in Circular Letter 2.997.


Investments that are not registered or to which registration is denied, are called “contaminated capital” and it will not be possible to obtain registration as reinvestment (capitalization), remittal of profits attributed to the foreign investor or repatriation.

On the other hand, the Brazilian Central Bank admits the “decontamination” of capital by means of an authorized administrative procedure.

In practice, such process is very straightforward and it could be performed through the internet (it is expected about 1 hour to complete the registration).