CENTRAL BANK STATEMENTS
Annual Census of Foreign Investments
The deadline for the submission of the Foreign Investments Annual Census Statement (“Statement”) approaches and is to be delivered by August 15th, 2022.
This year the following are obliged to deliver the Statement:
(a) Brazilian companies receiving foreign direct investment which had, on December 31, 2021, a net worth value equivalent to or greater than USD100,000,000.00 (one hundred million United States Dollars);
(b) Brazilian investment funds with non-resident quota holders and with, on December 31, 2021, a net worth value equivalent to or higher than USD100,000,000.00 (one hundred million United States Dollars); and
(c) Brazilian companies with a balance of short-term commercial accounts payable (i.e., payable within 360 days) with foreigners, on December 31, 2021, exceeding USD10,000,000.00 (ten million United States Dollars).
The Statement shall be transmitted via the Foreign Investment Census Module of the Central Bank’s Information System – “Sisbacen”.
The late transmission of the Statement and/or incongruences on the data transmitted may subject the Brazilian entities to the application of penalties by the Central Bank of Brazil.
