Brazil (BR)

Jurisdiction Overview

477 *BO Record: Does the registration of domestic limited partnerships comprise information on the beneficial ownership of all partners? Yes, all partnerships require recording of all partners’ beneficial ownership.
 Data Date: 2018


Normative Instruction 1634/2016 of Brazil's tax authority requires all entities (Art. 3) to register their beneficial owners (Art. 8). Art. 8.2 defines beneficial owner as the natural person who has effective control or significant influence or holds at least 25% of the capital or shareholdings.

Normative Instruction 1863/2018, Art. 3 and 8
GF 2018: 45-47