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NORMATIVE INSTRUCTION No. 38 – DREI, OF MARCH 2, 2017

The Normative Instruction 38 of the Register of Commerce, that will be in force as of May 2, 2017, approved the inclusion of national or foreign legal entities to form an Individual Limited Liability Company (EIRELI).

Therefore, Brazilian or foreigner individuals at the age of 18 years or above, with full civil capacity, as well as the emancipated minor and national or foreign legal entities are authorized to form an EIRELI.

PMRAF’s team of lawyers is available to clarify any doubts on the subject.