Which business activities are restricted in Brazil?

Status: 2024-09-16

Q&A, New formation, Greenfield investment, Corporate law, Healthcare, M&A, New energy, Commercial law, Investment, Real Estate, Brazil, Administrative law

Which business activities are restricted in Brazil?

The Brazilian Federal Constitution imposes restrictions on foreign ownership and control in specific industries. Foreign ownership is now permitted and regulated in industries such as electricity production, telecommunications, natural gas distribution, oil & gas extraction, refining and transportation, and media outlets (e.g. newspapers, magazines, radio, and television). In media companies, at least 70% […]

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