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How to Form an NGO in Brazil

How to Form an NGO in Brazil

Learn how to form a non-governmental organization or NGO in Brazil. According to the Brazilian NGO association, ABONG, there are now more than 300,000 NGOs in Brazil. If you seek to become one of them, read on to find information about the laws and procedures to from an NGO in Brazil.  The legal status of NGOs in Brazil Roles and responsibilities need to be clearly assigned in an NGO in Brazil. The Third Sector Law, nº 9.790, from 1999, provides the qualification of private legal entities as nonprofit Civil Society Organizations of Public Interest (Organizações da Sociedade Civil de Interesse Público, known as OSCIPs). This law disciplines and establishes the partnerships to be formed with the state and private companies. There are several types of institutions that comprise the Third Sector in Brazil including associations and private foundations.  When an organization exists for more than one year, it can request to be qualified as OSCIP at the Ministry of Justice. This qualification allows an NGO to establish a relationship with the government. This gives the organization access to public resources through a Partnership Agreement (Termo de Parceria). This partnership agreement is a legal document for establishing partnerships between the government and the non-governmental organization. Qualified under this law, an OSCIP can: Experiment with non-profit, new socio-productive models and alternative systems of production, trade, employment, and credit.Produce studies and research, development of alternative technologies and dissemination of information and...

When Do You Need a Legal Representative in Bolivia?

When Do You Need a Legal Representative in Bolivia?

A legal representative in Bolivia is vital for the functioning of a legal entity. The legal representative acts on behalf of the legal entity in order to carry out various regulatory procedures and formalities.  In recent years, Bolivia has managed to maintain a stable economy that favors trade and investment, with sustained growth and low inflation rates. When doing business in Bolivia through a legal entity, make sure to appoint a trusted legal representative in Bolivia. Designation and function of the legal representative If the company is foreign, the legal representative must be appointed through the extension of a Power of Attorney granted by the company owner. When expanding, company owners must appoint the legal representative in Bolivia at the time of incorporation. The legal representative in Bolivia is a person who acts on behalf of the legal entity in order to carry out various procedures and formalities. Therefore, a company's legal representative in Bolivia can assume commitments and make decisions that will be attributed to the legal person (company). If the company is foreign, the legal representative must be appointed through the extension of a Power of Attorney granted by the company owner, in order to represent them in one or more businesses. The Bolivian consulate of the owner's country of origin and the Ministry of Foreign Affairs in Bolivia must legalize this Power of Attorney. What are the requirements to be a legal representative in Bolivia? In order to be appointed as a legal representative in Bolivia, individuals must: be of legal age (18...

Meet Fernanda Panizza, Country Coordinator and Corporate Lawyer in Uruguay

Meet Fernanda Panizza, Country Coordinator and Corporate Lawyer in Uruguay

“The client must be taken care of and assisted at all times... as this is critical for a long-lasting relationship.” Meet Fernanda Panizza, Biz Latin Hub’s Country Coordinator and Corporate Lawyer in Uruguay. Fernanda has vast experience in business counseling for foreign and national companies. She specializes in corporate, business and labor law in Uruguay. Fernanda was born in Montevideo, the capital city of Uruguay, and since deciding to become a lawyer, has found her vocation in corporate counseling. Such was the case that when she graduated from the University of the Republic as a Doctor in Law and Social Sciences, she began her Master’s Degree in Corporate Law from the University of Montevideo, where she graduated with Honors. After that, she did a Post Graduate Degree in Applied Labor Law in the University of Montevideo. Background in corporate law in Uruguay Before she started working with Biz Latin Hub, Fernanda worked in two large legal firms in Uruguay, where she gained knowledge and professional experience in corporate law. This made her want to take on new challenges, both personal and professional.  Fernanda appreciates that giving counsel to a client is a task that carries great responsibility, since the client fully trusts the professional in their recommendations and advice. “It is of great importance to develop a trusting relationship between the professional and the client” she says. “The client must be taken care of and assisted at all times; we must show commitment and professionalism, as this is critical for a long-lasting relationship.”...

What is the Role of the Public Notary in Mexico?

What is the Role of the Public Notary in Mexico?

The Public Notary in Mexico plays an essential role in company formation and other processes. It's important that foreign executives expanding into the country understand the Notary's functions and when to use their services. Although the government is foreign business-friendly, Mexican law does mandate strict procedures when incorporating a company, in which a Public Notary plays a vital role.  If the company formation process is not followed correctly then this could lead to delays in beginning operations, and extra costs. Therefore, you will need to understand the functions of the Public Notary in Mexico and how it supports business expansion procedures. What is a Public Notary in Mexico? In Mexico, a Public Notary is an experienced attorney appointed exclusively by the Governor of State. In Mexico, a Public Notary is an experienced attorney appointed exclusively by the Governor of State. Their role is to sign and authenticate documents and provide legal advice as is necessary.  A Public Notary can authenticate the following documents: Powers of AttorneyCompany deedsBirth, marriage, and death certificatesBanking, insurance, and bonding documentsAssembly of minutes. A Public Notary is obliged to act in accordance with the ethical and moral principles outlined in Mexican law. What are the differences between a Public Notary in Mexico and the US? In the United States, a Public Notary is a person appointed by the government whose sole purpose is to witness and verify the signing of documents. They do not necessarily have formal legal qualifications. A Public Notary in...

5 Tips for Business Success for US Companies in Chile

5 Tips for Business Success for US Companies in Chile

As one of the world’s most entrepreneurial nations, there are ample business opportunities for US companies in Chile. Chile and the US have maintained a strong commercial relationship dating back to 1918. In 2019, both countries celebrated their 100th anniversary of the Chilean-American Chamber of Commerce. This longstanding and mutually beneficial commercial relationship has fostered strong connections between the 2 countries. For decades, Chile has modeled its economy and institutional foundations on those of North America. The philosophy, principles and guidelines that shape the country’s public policies are similar in both jurisdictions. This includes Chile’s economic, commercial, banking, and trade policies, among others. Succeed in business as a US company in Chile So what’s it like to do business between these two powers? Our Senior legal professionals in Chile have put together 5 key pieces of advice for US companies to succeed in the country’s commercial environment. 1. Engage with local specialists Though it’s true that the Chilean economy and markets share important similarities with those found in the US, there are a number of differences that US companies in Chile must adapt to. Though it’s true that the Chilean economy and markets share important similarities with those found in the US, there are a number of differences that US companies in Chile must adapt to. It’s crucial to understand differences in corporate compliance requirements in Chile in order to ensure you operate in accordance with the law, and secure your commercial success. The US is home to a...

Meet the Team: César Sánchez, Medical Cannabis and Mining Lawyer in Colombia

Meet the Team: César Sánchez, Medical Cannabis and Mining Lawyer in Colombia

César Sánchez is Biz Latin Hub's very own Medical Cannabis and Mining Lawyer in Colombia, with a range of experience in various legal professions.  Born in Santa Marta, César comes from a family of 4 and grew up with particular interest in history, foreign languages, and geography. César studied law at Universidad Sergio Arboleda, graduating with a Bachelor of Law. "During my experience at Uni, I realized that my previous backgrounds in English and Geography would help me to understand better how the world works," he says. "I utterly believe that law it is not just related to courts, trials, and traditionally associated concepts. I wanted to find different perspectives to learn about my chosen discipline, as I believe that is key to succeeding." César's most-valued experiences during university include being a Radio Broadcaster two times (2013-2014 and from April to June 2018) and Sports Columnist in the Spanish Website ‘La Media Inglesa’ (2015-2018) writing about British football, which is another passion of his. As a Medical Cannabis and Mining Lawyer in Colombia... As a Medical Cannabis and Mining Lawyer in Colombia, César is happy to apply his skills and personal interests in a professional capacity. Mining regulations in Colombia are complex to understand, but with the right kind of legal support, are a valuable investment opportunity for foreign entrepreneurs. "Not everyone believed that having knowledge and greater undesrtanding of English and Geography was useful in legal disciplines in Colombia. Fortunately, I have been able to demonstrate to myself and others...

How to Liquidate a Company in Chile

How to Liquidate a Company in Chile

As one of the most stable and prosperous countries in South America, Chile is considered a model of political and financial transparency in the region. Over the past decade, its economy has grown strongly. GDP grew by 4% in 2018, and is expected to grow by another 3.4% in 2019 and 3.2% in 2020, according to its central bank. Chile's attractiveness stems from its wealth of natural resources, stability of its macroeconomic system, high growth potential, legal certainty, low level of risk, and the quality of infrastructure. Foreign investors are contributing about US$8.224 billion to the economy (+28% / 2017) to enjoy these benefits.  Chile has a system of foreign business-friendly regulations for expansion into its thriving market, enabling companies to explore new commercial opportunities. But what happens if things don't go as you planned? If your business is not succeeding as you’d hoped, you can consider your exit strategy.  We take a look at the different steps to follow to liquidate a company in Chile.  What is company liquidation in Chile? In the world of finance, business, and economics, liquidating a company is a process that consists of shutting down all activities and redistributing the assets of a company to creditors. This typically occurs when a company is no longer able to pay its financial obligations (debts, loans, or others), it is said to be insolvent. However, businesses that are interested in exiting a market may liquidate voluntarily. This is a smart move if a company cannot foresee a profitable future in the market it’s in. The liquidation process...

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