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Two world leading experts in helping international companies open businesses and operate successfully in Brazil will be teaming up to give a fast-paced webinar about using the smartest strategies for success in Brazil.

The webinar will be led by Francisco Mendez with Globalization Partners and Bruno Drummond with Drummond Advisors.

Topics include:

  • Fastest way to hire a full-time employee
  • Employer of Record process explained
  • Speeding up receipt of your Federal Tax ID Number (CNPJ)
  • Dos and Don’ts of setting up your company in Brazil
  • Avoiding delays in your M&A agreement
  • Understanding Brazil Labor laws
  • Preparing Visa Applications
  • Transfer Pricing Calculations

Participants are encouraged to ask questions at any time during the webinar.
We look forward to a very lively dialogue about business in Brazil and hope you will join us.

Register Here

November 22 (Renewables Now) – Brazil’s growth in distributed generation from renewable resources—especially solar—has increased since it implemented net metering policies in 2012, the US Energy Information Administration (EIA) says in an overview. As of mid-November 2019, owners have installed more than 135,000 renewable distributed generation systems in Brazil, totalling about 1.72 GW of capacity, according to the Brazilian Electricity Regulatory Agency (ANEEL).

 

By EIA via Renewables Now

 

Read full article here

Few can claim to have visited the white-sand beaches and lush mountain jungles of Brazil’s Fernando de Noronha archipelago, but that’s not for a lack of trying. Around 75% of these 21 scenic islands set 350km off Brazil’s north-east coast were declared a protected national marine park and sanctuary in 1988, and in order to promote sustainable development, only 420 visitors a day are allowed to enter.

But while a trip to these volcanic clusters is highly sought-after by tourists now, it wasn’t always so. Between the 18th and 20th Centuries, the main island was used as a prison for some of Brazil’s most dangerous criminals.

 

By Ana Terra Athayde via BBC Travel

 

Read full article here

(Bloomberg) — Banco do Brasil SA, Latin America’s biggest lender by assets, and a government-managed fund raised 5.8 billion reais ($1.4 billion) by selling shares of the state-owned bank, another step in Brazil’s effort to shrink the size of the state.

Shares of the company rose to a three-week high after the deal, which priced 132.5 million shares at 44.05 reais apiece, according to a regulatory filing. A little over half of the shares were sold by a Brazilian workers’ investment fund known as FI-FGTS, managed by another state-controlled bank, Caixa Economica Federal. The rest was sold by Banco do Brasil itself, which held some of its own shares through its treasury desk.

By Vinícius Andrade, Felipe Marques, Rachel Gamarski and Cristiane Lucchesi via Yahoo Finance

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No dia 4 de novembro acontecerá em São Paulo, o lançamento do livro “Entendendo a Constituição da República Federativa do Brasil” de Cooordenação e Coautoria de Felipe Neves.

Felipe é Fellow do nosso POY Fellowship Program e Presidente e Fundador do Projeto Constituição na Escola. O objetivo do Projeto, através das aulas sobre a Constituição Federal Brasileira, é expandir a noção cívica dos estudantes, ensinando-lhes sobre seus direitos e deveres constitucionais, para que tenham uma base educacional sólida para compreender a importância de ser um cidadão consciente.

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The Minister Tereza Cristina (Agriculture, Livestock and Supply) said on Thursday (10) that Brazil is already recognized as an agricultural powerhouse, but has room to continue growing in a sustainable manner. By participating in the Brazil Panel: Sustainable Agricultural Power, during the Investment Forum Brazil 2019 in Sao Paulo, the minister said Brazil wants to move beyond the current 7% share in world trade.

“We are one of the few countries in the world with the capacity to significantly expand the provision of sustainable food. To follow increasing domestic production and minimizing impacts on the environment, the Brazilian government and the private sector need to continue working together, “said the minister, noting that Brazil should effectively assume their global agri-environment power vocation.

 

Via DATAGRO

 

Read full article here

Congratulations to Bruno Yoshimura and the ONEVC team for this important achievement. Bruno is a fellow of our POY Fellowship Program and a member of our Young Professionals Committee. 

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In recent years, Brazil’s startup scene has exploded as investor interest in Latin America as a whole has increased. And ONEVC, a cross-border fund dedicated to investing in U.S. and Latin American startups, is ideally poised to capitalize on that.

The firm, with offices in São Paulo and San Francisco, has closed its first fund, ONEVC FUND I LP, Crunchbase News has learned exclusively.

The firm has $30 million under management, along with $8 million to invest in “special opportunities” (more about those later). Since it was formed in November 2017, ONEVC has already seen two portfolio companies become unicorns and another (San Francisco-based HeyDoctor) exit.

By Mary Ann Azevedo via Crunchbase News

Read full article here

Thanks to the Brazilian government waiving the visa requirement for U.S. citizens – and those from Canada, Australia and Japan, too – in June 2019, planning a trip to Brazil has gotten easier. While Rio de Janeiro can first come to mind, perhaps followed by San Paulo, as a destination, there is another city within Brazil that offers much culture and cuisine, and sand and surf. It’s Salvador.

Within Brazil’s northern state of Bahia, Salvador is a coastal destination that is ushering in new developments while maintaining its past. A convention center to be named Antonio Carlos Magalhães is anticipated to open at the end of 2019. This spring, LATAM began offering a new direct flight from Miami to Salvador, departing on Sunday afternoons and returning to Miami early Monday mornings.

 

By Michelle Herrmann via Forbes

 

Read full article here

O governador Carlos Massa Ratinho Junior apresentou nesta quarta-feira (17) oportunidades que o Estado oferece a um grupo de executivos de corporações internacionais que mantêm investimentos globais. A apresentação foi na Câmara de Comércio Brasil-EUA, em Nova York, que recebeu a terceira edição do Paraná Day.

Durante a abertura do evento, na principal palestra do Paraná Day, Ratinho Junior falou de concessões na área de infraestrutura, principalmente de rodovias, ferrovias e aeroportos, e também de Parcerias Público-Privadas (PPPs) em setores como turismo, segurança e saúde. Além disso, ressaltou o ambiente propício para negócios que tornam o Paraná um Estado atrativo.

 

Via Agência de Notícias do Paraná

 

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SAO PAULO (Reuters) – Brazil and India are expected to sign a memorandum of understanding on production and trade of ethanol when leaders of the two countries meet in Brasilia later this year, an industry group said on Tuesday.

According to UDOP, a Brazilian association of sugar and ethanol producers, the suggestion to discuss a partnership on ethanol came from the Indian government, which has a target to gradually increase blending of ethanol to gasoline to up to 20%.

By Marcelo Teixeira via Yahoo Finance

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In the southeast region of the country of Brazil lies Guanabara Bay, off the coast of the major metropolis of Rio de Janeiro. It is the second largest bay in Brazil, but other than that there is nothing particularly special about it other than perhaps the large amount of pollution here. However, lying approximately 15 miles offshore, buried down in 100 feet of water across an area around the size of three tennis courts is a rather strange oddity. Here scattered along the bottom are various relics from ancient Rome, far from where they have any business being, and which have remained a baffling historical anomaly and conundrum that remains unsolved.

 

By Brent Swancer via Mysterious Universe

 

Read full article here

 49th Person of the Year Awards Gala Dinner
 Tuesday, May 14, 2019
 New York Marriott Marquis
 Opening Reception: 6:30pm / Gala Dinner: 8:00pm
 New York City
Dear Sponsors and Guests,
The Brazilian-American Chamber of Commerce hereby ratifies that the 2019 Person of the Year Gala will take place as scheduled, on May 14th at the Marriott Marquis in New York.
The Chamber will be celebrating its 50th year of promoting trade, investment and cultural ties between Brazil and the United States. During the Gala, the Chamber will award Instituto Brasil Solidário for their contributions to Social Responsibility and Neoway for their leadership in Digital Innovation.
Cordially,
Awards Committee
Brazilian-American Chamber of Commerce, Inc.

The veteran emerging-market investor Mark Mobius said he plans to add to his Brazil holdings, lauding the first few months of President Jair Bolsonaro’s administration even as other investors have shown skepticism.

Mobius, who left Franklin Templeton Investments in 2018 to set up Mobius Capital Partners, said the president’s performance has been “terrific” as he works to push through a pension overhaul that analysts see as key to revitalizing Brazil’s economy. He expects the bill to pass this year and predicted more money will flow into Brazil as the agenda takes hold.

By Vinicius Andrade via Bloomberg

 

 

 

Joint statement from the American Museum of Natural History and the Brazilian-American Chamber of Commerce:

“With mutual respect for our work and goals of our individual organizations, we have jointly agreed that the American Museum of Natural History is not the optimal location for the Brazilian-American Chamber of Commerce Gala Dinner. This traditional event will go forward at another location on the original date and time.”

RIO DE JANEIRO, BRAZIL – While working to renovate Rio de Janeiro’s zoo, workers found historical artifacts dating back to Brazil’s imperial past at the Quinta da Boa Vista park, in the northern part of the city.

 

Classified as an ‘archaeological treasure’ by Rio’s city government, the more than 30,000 items found are believed to be from the beginning of the 19th century to the first years of the 20th century.

 

By Lise Alves via The Rio Times

 

Read full article here

Brazil’s tourism profile among Americans reached unparalleled heights in the earlier half of this decade when the South American nation hosted back-to-back international sports tournaments: the 2014 FIFA World Cup and the 2016 Summer Olympic Games in Rio de Janeiro.

One million foreign tourists visited Brazil during the World Cup, according to officials at Embratur, the Brazil Tourist Board. More than 60 percent were visiting for the first time and U.S. and Canadian residents bought more than 200,000 match tickets, trailing only Brazilian purchases, said FIFA. Meanwhile, flights to Brazil increased by 289 percent between in the weeks prior to the 2016 Rio Olympics compared with the same period in 2015.

In the years since the country’s tourism officials have followed up on those high-profile events with a program of measures designed to ease American and Canadian travel to the country, even as the government struggled with economic and political unrest.

By Brian Major via Travel Pulse

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Program provides incentives for automakers that prioritize the use of biofuels

Brazil´s President Michel Temer sanctioned this Monday, December 10, 2018, Law 13755, creating ROTA2030, a program that establishes incentives to increase efficiency and reduce greenhouse gas emissions in transportation, and gives a direction of future investments in research and new technologies for the automobile industry in Brazil. The measure was published at the Federal Official Gazette this Tuesday, December 11th.

ROTA 2030 was a program widely discussed by all the actors involved in the production and commercialization of cars and fuels in Brazil, with the participation of civil society representatives and a wide representation of Parliamentarians from the two houses of Congress.

ROTA 2030 is considered the Siamese brother of RENOVABIO, since it establishes incentives for the increase of efficiency in the technology used by vehicles, just as RenovaBio promotes the energetic-environmental efficiency in the production of biofuels.

One of the most important elements of ROTA 2030 was the approval of the Parliamentary Amendment authored by Deputy Arnaldo Jardim, approved in the form of Paragraph 4o. of Article 2 of the legislation, which reads as follows:

Paragraph 4. Hybrid vehicles equipped with an engine that alternately or simultaneously uses gasoline and ethanol (flexible fuel engine) shall have a reduction of at least three percentage points in the rate of IPI (industrial products tax) in relation to conventional vehicles of similar class and category, equipped with the same type of engine.

According to Congressman Arnaldo Jardim, the device is a way of recognizing the externalities of ethanol, which is a fuel that makes the difference, as it generates income, employment, is renewable and still fights greenhouse gases.

On Thursday, in a ceremony at the Presidential Palace, President Michel Temer, Ministers and members of the Parliament will celebrate the enactment of the Law, and Toyota will announce the installation of the first worldwide assembly line of hybrid vehicles with flex technology, capable of using ethanol fuel.

Below is the full text of Law 13755, published in the Official Gazette of December 11th, 2018.

DATAGRO, December 11, 2018.

LEI NO 13.755, DE 10 DE DEZEMBRO DE 2018

 

Read full article on portal.datagro.com

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