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Brazil formalises proposal to quadruple sustainable fuels by 2035

Brazil formalises proposal to quadruple sustainable fuels by 2035

During a preparatory meeting for COP30, Brazil launched the “Belém 4×” initiative, proposing to quadruple global production and consumption of sustainable fuels by 2035. The proposal highlights hydrogen, biogases, synthetic fuels, and bio-based alternatives as key...

Brazil expands economically navigable waterway network by 279 km

Brazil expands economically navigable waterway network by 279 km

Between 2022 and 2024, Brazil expanded its economically navigable waterways by 279 kilometres, increasing from 20,100 km to 20,379 km—a 1.39% rise. The most significant expansion occurred in the North region, where growth reached 3.56%. According to the Ministry of...

Determination Balance Sheet: fair valuation at partner exit

Determination Balance Sheet: fair valuation at partner exit

A determination balance sheet has emerged as a key instrument to ensure fair treatment when a partner withdraws from a company. Unlike a standard balance sheet, which records assets and liabilities at historical cost, this special statement assesses the company’s...

Fixed ISS Tax Applies to Limited Professional Companies, Rules STJ

Fixed ISS Tax Applies to Limited Professional Companies, Rules STJ

Brazil’s Superior Court of Justice (STJ) ruled, in a repetitive appeal (Theme 1323), that single-professional firms organized as limited liability companies (LTDA) may pay the Service Tax (ISS) under the fixed-rate system established by Decree-Law 406/1968, provided...

Writ of mandamus and closed Tenders: is there still a right to protect?

Writ of mandamus and closed Tenders: is there still a right to protect?

Can a writ of mandamus still be filed after a public bidding process has ended and the contract is already signed? The issue goes beyond formality: closing a procurement process doesn’t erase the right to challenge illegalities that happened along the way. Brazil’s...