Enacted law that establishes dividends taxation

On November 26, 2025, Bill 1,087/2025 was signed into law by the President of the Republic, becoming Law 15,270/2025, with effect as of January 1, 2026. The new law significantly […]
Energy Newsletter: Auctions, Free Market and Climate Resilience – October 2025

October 2025 marked regulatory advances in the Brazilian electricity sector with the approval of notices for the Existing Energy Auctions, definition of guidelines for the Capacity Reserve Auctions, and approval […]
MME Public Hearing No. 202/2025LRCAP 2026 – Battery Storage Systems

Regulatory Context On November 10, the Ministry of Mines and Energy (“MME”) published Ordinance No. 878/2025, submitting for Public Hearing No. 202/2025, for a period of twenty days, the draft […]
New taxation on dividends in Brazil: what foreign investors need to know

Starting in January 2026, foreign investors will be subject to a new 10% tax on dividends in Brazil. Bill 1.087/2025 is awaiting presidential sanction and will bring significant changes to […]
Brazilian Central Bank issues new rules on virtual assets

On November 10, 2025, the Brazilian Central Bank (“BCB”) published BCB Resolutions 519, 520, and 521 (collectively, the “New Rules”), which address: (i) the provision of virtual asset services in […]
ANVISA launches package to reduce backlogs and streamline regulatory reviews

Measures cover drug registration, clinical trials, and expanded cooperation with international regulators On November 7, 2025, the Board of Directors of the Brazilian Health Regulatory Agency (Anvisa) approved a comprehensive […]
Bill proposes to expand CADE’s role in regulating digital markets

The Federal Government submitted Bill No. 4,675/2025 to Congress, proposing the creation of the Digital Markets Superintendence within CADE, a new authority with a significant role in the designation of […]
New rules on research with human subjects in Brazil

In 2024, Law No. 14,874/2024 (“Clinical Research Law”) was enacted, establishing the baseline framework for research involving human subjects in Brazil. Since its publication, the Ministry of Health has undertaken […]