Annual accounts approval: legal obligation and deadlines

Dear all,

As part of the approval of the accounts for the year 2024, we would like to draw your attention to the fact that Brazilian law stipulates that this procedure must be carried out within 4 months from the closing of the accounts. Brazilian companies closing their financial year on December 31 of each year, the approval of the annual accounts should therefore in this case be carried out before April 30 of the following year.

We are at your disposal to assist you in this procedure and provide you with any additional information.

Best regards,

GTLawyers team