Read more about recent news relating to legal and business issues

Paper on recent changes to the Brazilian Corporation Law was published by the International Bar Association in the IBA Corporate and M&A Law Committee eBulletin.

Partner Gustavo Coelho and Associate Thales Castanheira have published a paper on the recent changes to the Brazilian Corporate Law by the International Bar Association in the IBA Corporate and M&A Law Committee eBulletin. Entitled “Amendments to the Brazilian Corporate Act – new rules for Brazilian corporations”, the paper deals with the recent changes in Law 6.404/1976 (Brazilian Corporations Act) promoted by Complementary Law 182/2021 (Legal Framework for Startups Bill). The paper is available on the International Bar Association’s website, at the following link:

Book Fundraising for Startups promoted in Folha IAB

The book “Fundraising for Startups” written by partner Gustavo Coelho, in co-authorship with lawyer Lucas Caminha, was featured in Issue 165 of the the Brazilian Lawyers Institute (IAB) Law Journal (Folha IAB). The 165 Issue of Folha IAB is available at:

NEWSLETTER: Beginning of the Applicability Of LGDP’s Administrative Penalties

The administrative penalties provided by the Brazilian General Data Protection Law -LGPD, regarding the sanctions to data agents that fail to comply with the LGPD, have entered into effect on August 1st, 2021.   Although the LGPD is in effect since September 2020, articles 52, 53 and 54, providing specifically about the administrative penalties for LGPD’s infractions only now entered into effect. The administrative sanctions that might be applied are:   (i) warning, with an indication of the time period for adopting corrective measures; (ii) disclosure and publicization of the infraction; (iii) deletion of the personal data to which the

Release event of the book Fundraising for Startups

Partner Gustavo Coelho will participate in the release event of the book “Fundraising for Startups” co-authored with attorney Lucas Caminha. The event will be held virtually on the YouTube channel of the Institute of Brazilian Lawyers (IAB) on June 15, 2021 (Thursday) at 5 pm. Below are the links to purchase the book and to the IAB YouTube channel: Link for purchasing the book on Amazon:ção-Recursos-Startups-Lucas-Caminha/dp/6556270261 Link for the IAB YouTube channel:

NEWSLETTER: Beginning of the Deadline to Submit the Five-Year Census of Foreign Capital in Brazil

The deadline for the submission of the Five-Year Census Statement on Foreign Capitals in Brazil (“Statement”) to the Brazilian Central Bank (BCB), pertaining to the reference date of December 31, 2020, begun in July 1st, 2021. The submission of the Statement is mandatory for those that, on the reference date of December 31, 2020, are: (i) Legal entities headquartered in Brazil, with direct foreign (non-resident) investment in their capital stock, regardless of the amount; (ii) Investment funds with foreign (non-resident) shareholders, thereof represented by their managers; and (iii) Legal entities headquartered in the country, with total debit balance of short-term

Webinar on the Brazilian Legal Framework of Startups Law

Partner Gustavo Coelho and Associate Matheus Lamarca will participate in the Webinar on the Legal Framework for Startups, promoted by the Law and Technology Section of the Federal University of Rio de Janeiro (UFRJ) in association with the UFRJ Innovation Agency. The speakers will debate on the Complementary Law No. 182/2021 that established the Legal Framework for Startups and will address the new features of the Law. Free registration at:

Get our notifications

Contact us


Rua Helios Seelinger, 155, Barra da Tijuca, Rio de Janeiro, RJ Brasil • 22640-040

Phone number

+55 21 3747 1757


If you would like to join our firm, please send your résumé to

© 2021. Bastilho Coelho Advogados. Todos os direitos reservados. All rights reserved.