Thursday, May 5, 2016

SAO PAULO. BRASIL. Import of Goods as Foreign Investment in Brazil





Foreign Investment as Imported Goods



Despite foreign investments generally not being subject to prior analysis by Bacen, investments through the import of intangible goods without exchange coverage are subject to prior authorization by DECIC, which is the Department for Combating Illicit Financial and Oversight of Currency Exchange and International Capital. Investments through the import of tangible goods do not require any previous authorization by Bacen.



 source: http://thebrazilbusiness.com/article/import-of-goods-as-foreign-investment-in-brazil

The registration of foreign investment through the entry of tangible goods must be done in the currency used in the investing company’s country or, upon request of the same, in any other currency.

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