close

Blogs > Business Without Borders

Business Law

Oct 18, 2018

Establishing Bank or Financial Accounts in the US – Consider the Impact of New FinCEN Rules on Beneficiaries

The Customer Due Diligence (“CDD”) regulations issued by the Financial Crimes Enforcement Network (FinCEN) became effective on May 11, 2018.  The regulations enacted under the Bank Secrecy Act clarify customer due diligence requirements for banks and other financial institutions.  These rules are part of an international effort to combat the use of legal entities such as corporations, limited liability companies, and partnerships from financers of terrorism, money launderers, tax evaders, and other financial criminals.» Read More

May 18, 2018

Here Comes The GDPR – US Companies, Make Sure You’ve Got It Covered

Way back on August 17, 2017 (seems like a lifetime ago), we brought you information regarding the European General Data Protection Regulation (“GDPR”) and its impact on those doing business in the EU*.

And now, guess what–the GDPR goes live on May 25, a week from today. » Read More

Feb 26, 2018

Brazilian Corporations and Limited Liability Companies Must Host Shareholders/Quotaholders Annual Meeting By The End Of April

The below post is authored by our friends at Azevedo Sette Advogados.

UNITED STATES BUSINESS ENTITIES OWNING BRAZILIAN CORPORATIONS AND LIMITED LIABILITY COMPANIES MUST CAUSE THEIR BRAZILIAN SUBSIDIARIES TO PERFORM SHAREHOLDERS/ QUOTAHOLDERS ANNUAL MEETING BY THE END OF APRIL

All Brazilian Corporations and Limited Liability Companies must hold a Shareholders Annual Meeting (AGO) or a Quotaholders Meeting (RQ), respectively, for discussion and approval of the four items noted below as required by Article 132 of Brazil Federal Law 6.404/76 and Article 1.078 of the Brazilian Civil Code; those meetings must be held within the four months following the end of the previous fiscal year (April 30 for most companies):

• management’s report, exam, discuss and vote the company financial statements;

• approval of the destination of the net profit and distribution of dividends;

• appointment of directors and the members of the board of auditors, if the case may be; and

• approval of the inflation adjustment of the capital of the company (art.» Read More

Jan 19, 2018

EB-5 Immigrant Investor Program Expires in 5-Days. Will EB-5 be Reauthorized?

Washington’s divisive political climate has led to many uncertainties in the future of the EB-5 Immigrant Investor Visa Program.  Last week, the House and Senate passed a continuing resolution that prevented a government shutdown and provided for the extension of the investor visa program until December 22, 2017. » Read More

Dec 08, 2017

EB-5 Regional Center Alert: USCIS Annual Certification Submission Deadline Quickly Approaching

The Norris McLaughlin & Marcus Immigration Practice Group reminds all EB-5 Regional Centers that the annual regional center certification submission deadline for 2017 is December 29.

United States Citizenship & Immigration Services (USCIS) requires all EB-5 Regional Centers to submit a Form I-924A Supplement to Form I-924 at the close of each fiscal year.  » Read More

Subscribe