Businesses that wish to take part in transactions in Brazil will need to follow the laws of this country and pay attention to the differences between intellectual property, acquisition, merger, and real estate regulations or else risk an ensuing lawsuit.

A Brazilian law firm experienced in financial legislation, contract law, and the economic stipulations that this nation incorporates may help businesses ensure that they commit to beneficial transactions, mergers, or acquisitions that meet the needs of both parties.

When investing in another country, it is important to know how its economic resources will benefit one’s company. The Economist reported that Brazil has been awaiting a financial recovery but it may not be coming anytime soon.

Economic Performance

The expansion was half that what the federal government promised, which fell at merely 0.6 percent. Guido Mantega, Brazil’s finance minister, said that these numbers were disappointing but expect there to be a 4 percent rise in recovery next year.

“The nastiest surprise was the fall in investment, despite the government’s efforts to lower business costs,” the news source stated. “The Central Bank has reduced the policy interest rate from 12.5% in mid-2011 to a record low of 7.25%; it has also pushed state banks to cut spreads and to lend more.”

Foreign companies may wish to consider investing in Brazilian resources, as the latest bank regulations have pushed down policy interest rates. It is possible that the tax on foreign-currency inflows has led some businesses to forego partaking in transactions within this nation.

By contacting Brazilian lawyers when encountering financial or economic issues, companies will be sure to gain solid representation in the courtroom. Also, undergoing arbitration and dispute resolution tactics provided by law firms in Brazil may help two parties resolve their problems.

Brazils’ legislation against computer hacking

In today’s world, the advent of mobile technology and the widespread use of the internet has brought forth a number of legal issues that governments have been grappling with on an international basis.

With computer hackers, the spread of viruses and stolen information have led many lawmakers down a road of banning such actions from harming innocent victims. In Brazil, for instance, President Dilma Rousseff has signed two legislations into law that organize different types of cybercrime into two categories, according to Fox News. These include hacking into computers, stealing passwords and emails as well as attacking websites.

The new rulings specify the jail times affordable for each illegal cyber activity and puts forth more data within the Penal Code for the most serious crimes. Computer hackers that are thinking of committing grave mistakes such as stealing industrial computer secrets or hacking into private electronic communication systems should be aware that the new legislations will put them away in prison for a long time.

Those who consider releasing private information or photographs will experience even more severe penalties under the Brazil legal system. Also, victims that have had their personal credit card information stolen can rest assured that their attackers will be put in jail for up to five years.

However, there are some concerned citizens and organizations around the world that fear putting too many legal obstacles around the use of the internet could seriously compromise the freedom of speech and information on a global scale, according to World News Australia.

Businesses that wish to learn more about the penalties of cybercrime in Brazil should contact a Brazilian attorney. Professionals from a Brazilian law firm have the experience necessary to adequately represent any company in a cybercrime-related lawsuit.

BMW plans to build car factory

Companies that are conducting transactions, mergers, acquisitions or purchasing property in Brazil will have to follow all business law procedures, which include the country’s tax legislations. Title VI of the Brazilian Federal Constitution discusses the taxes and budget-related issues that businesses may deal with.

The National Tax Code, which was initiated in 1966, and the Administrative Tax Process may be two of the most important tax-related legislations in Brazil, as they provide a way for taxpayers to place an appeal with a federal revenues service whenever they disagree with a particular tax charge.

The major car manufacturer BMW had to postpone its plans temporarily to build a car factory in Brazil until the country’s new auto industry tax regime was released, according to the Wall Street Journal. The company wanted to wait to see if the financial viability of the project would be beneficial depending on new tax regulations for this industry. The government had previously increased taxes for imported cars by 30 percent but exempted automobile companies with a Brazilian factory.

“Brazil is a market with tremendous potential for the future,” BMW sales chief Ian Robertson said in a statement. “[The new plant] will create the necessary conditions for us to maintain the balance of sales between Europe, Asia and the Americas.”

The company will initiate production of automobiles by 2014 and plans to have a production capacity of 30,000 vehicles per year. More than 1,000 new employees will be hired in Brazil to help this car factory get off on the right foot, said BMW representatives.

Businesses interested in learning more about Brazil’s tax laws should contact experienced attorneys from a Brazilian law firm who have a strong understanding of the Brazil legal system.