{"id":1437,"date":"2021-07-01T13:45:36","date_gmt":"2021-07-01T16:45:36","guid":{"rendered":"https:\/\/sperling.adv.br\/?post_type=publicacoes&#038;p=1437"},"modified":"2021-07-01T13:45:36","modified_gmt":"2021-07-01T16:45:36","slug":"five-year-census-on-foreign-capitals-in-brazil-base-year-2020","status":"publish","type":"publicacoes","link":"https:\/\/sperling.adv.br\/en\/publicacoes\/five-year-census-on-foreign-capitals-in-brazil-base-year-2020\/","title":{"rendered":"FIVE-YEAR CENSUS ON FOREIGN CAPITALS IN BRAZIL \u2013 Base Year: 2020"},"content":{"rendered":"<p style=\"font-weight: 400;\">With the purpose of gathering statistics on foreign investment in the Brazilian economy, the Central Bank of Brazil (&#8220;<u>BACEN<\/u>&#8220;) conducts five-year and annual census of foreign capitals in Brazil. The five-year census \u2013 which have a broader scope than the annual \u2013 are carried out in respect to the base years ending in zero (0) or five (5). BACEN will carry out this year the Five-Year Census on Foreign Capitals related to base year ended in 2020 (&#8220;<u>Five-Year Census<\/u>&#8220;). Pursuant to Normative Resolution No. 3,795\/2016, the following are required to submit the Five-Year Census statement to BACEN:<\/p>\n<ol>\n<li style=\"font-weight: 400;\">legal entities based in Brazil that, on December 31<sup>st<\/sup>, 2020, had direct participation of non-residents in their capital, in any amount;<\/li>\n<li style=\"font-weight: 400;\">investment funds that, on December 31<sup>st<\/sup>, 2020, had non-resident investors; and<\/li>\n<li style=\"font-weight: 400;\">legal entities based in Brazil that, on December 31<sup>st<\/sup>, 2020, had a total outstanding balance of short-term credits (payable in up to 360 days) granted by non-residents in an amount equal or higher than the equivalent in BRL to USD 1 million.<\/li>\n<\/ol>\n<p style=\"font-weight: 400;\">The statements start being received by BACEN as of July 1<sup>st<\/sup>, 2021,\u00a0<u>and must be submitted no later than 6 pm on August 16<sup>th<\/sup>, 2021<\/u>.<\/p>\n<p style=\"font-weight: 400;\">Those submitting the statement after the deadline and\/or failing to comply with the requirements set forth in the applicable regulation are subject to the imposition of penalties by BACEN.<\/p>\n<p style=\"font-weight: 400;\"><strong>Sperling Advogados<\/strong>\u00a0remains at your disposal to assist you on this matter.<\/p>\n","protected":false},"template":"","categories":[26],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FIVE-YEAR CENSUS ON FOREIGN CAPITALS IN BRAZIL \u2013 Base Year: 2020 - Sperling<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sperling.adv.br\/publicacoes\/censo-quinquenal-de-capitais-estrangeiros-no-brasil-ano-base-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FIVE-YEAR CENSUS ON FOREIGN CAPITALS IN BRAZIL \u2013 Base Year: 2020 - Sperling\" \/>\n<meta property=\"og:description\" content=\"With the purpose of gathering statistics on foreign investment in the Brazilian economy, the Central Bank of Brazil (&#8220;BACEN&#8220;) conducts five-year and annual census of foreign capitals in Brazil. 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