RegAlert2022-12-31 | Resolução BCB 280Added
BCB Resolution No. 280 Regulating Article 1 of Law No. 14,286 of December 29, 2021 Regarding the Definition of Resident and Non-Resident for Individuals and Legal Entities
This resolution establishes the specific criteria for defining residents and non-residents under Brazilian foreign exchange law. For individuals, residency depends on permanent residence, specific work or visa statuses, or absence durations exceeding twelve months, with exceptions for temporary departures. Legal entities are classified as residents if domiciled or headquartered in Brazil, and non-residents if located abroad. Individuals bear exclusive responsibility for the justification provided to authorized foreign exchange institutions regarding their status.
BCB published 15 documents in the last 30 days — get each new one by email the day it lands.
BCB RESOLUTION NO. 280,
OF DECEMBER 31, 2022
Regulates
Article 1 of Law No. 14,286, of December 29, 2021, regarding the definition of
resident and non-resident to be applied for individuals and legal entities.
The Collegiate Board of the Central Bank of Brazil, in an extraordinary session held on December 30 and 31, 2022, based on the sole paragraph of Article 1 of Law No. 14,286, of December 29, 2021,
R E S O L V E S:
Article 1. This Resolution establishes the definition
of resident and non-resident for the purposes of Law No. 14,286, of December 29, 2021, which provides for the Brazilian foreign exchange market, Brazilian capital abroad, foreign capital in the country, and the provision of information to the Central Bank of Brazil.
Read the rest free, and get an email when BCB publishes again
Lineage: In force
Source: Banco Central do Brasil — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
More like this from BCB
BCB published 15 documents in the last 30 days. We email you each new one the day it's published.
FX rules change often. Get an email the day any regulator we track changes its foreign-exchange rules.