Companies with Foreign Direct Investment Must Submit a Statement to the Central Bank by June 30

Brazilian companies that receive direct equity contributions from abroad must closely observe their obligations before the Central Bank of Brazil (BACEN). The periodic reporting of information is governed by BCB Resolution No. 278/2022 and includes different types of declarations, depending on the company’s size and the applicable reporting date.

• Quarterly Statement – June Deadline Approaching
  Brazilian companies with foreign ownership and total assets equal to or greater than BRL 300 million are required to submit quarterly statements through the SCE-IED system. The upcoming reporting window, based on the reference date of March 31, 2025, ends on June 30, 2025. It is essential that such companies submit their information by this deadline to avoid penalties.
   
• Upcoming quarterly reporting windows:
  Reference date: June 30 → Submission period: July 1 to September 30
  Reference date: September 30 → Submission period: October 1 to December 31
   
• Annual Statement
  Companies with foreign equity ownership and total assets equal to or greater than BRL 100 million as of December 31 of the previous year must file the annual statement between January 1 and March 31 of the following year.
   
• Quinquennial Statement
  Companies with any amount of foreign direct investment and total assets equal to or less than BRL 100 thousand as of December 31 are subject to the quinquennial statement. This obligation applies only in years ending in “0” or “5” — such as 2025.
   

Attention to Penalties
Failure to submit the required statements, as well as submitting inaccurate or late information, may result in fines ranging from BRL 2,500 to BRL 250,000, with a possible 50% increase in certain cases. In addition, documentation supporting the reported investments must be kept on record for at least 10 years.

Our team is available to assist in determining the applicability of these obligations and in the proper completion of the required statements before the Central Bank of Brazil. Please reach out to us for guidance or support with the submission process.