Cesar Peres Dulac Müller logo

CPDMA BLOG

Category:
Date: July 6, 2022
Posted by: CPDMA team

Law to reduce bureaucracy of Public Records passed

Image of a hand showing digital concept for public records - registry offices across the country.

On the 27th of June, the Law No. 14. 382/2022, whose main objective is the creation of the Electronic System of Public Registries (SERP), which aims to unify the systems of notary offices throughout the country, reducing the bureaucracy of the national notary system (the measure covers property records, titles and civil documents of individuals and legal).

With the creation of the SERP, users will be able to benefit from the facilities of registering or requesting notarial documents from all over the country, since the systems of each state will be unified in the SERP. Furthermore, all documents will enjoy authenticity even if users wish to print the document after registration, according to criteria to be defined by the National Council of Justice (CNJ).

According to legal provision, the system implementation schedule cannot exceed the date of January 31, 2023.

In addition, the Law also promoted legal changes, including provisions in the Brazilian Civil Code. Among the main changes is the provision that companies will be able to choose physical or virtual locations for the exercise of their business activity, which are not to be confused with the establishment of the company.

Although many companies have already been benefiting from virtual offices as a headquarter address, now the legislator has brought the legal provision. In the case of using virtual addresses, companies may use, for registration purposes, the personal address of the entrepreneur himself or one of his partners.

Finally, among the main changes promoted by the Law, the legal structure of EIRELI (individual limited liability company) was revoked from the Civil Code, which had been in disuse since the incorporation of one-person limited companies was allowed. Despite the legal novelty, the Boards of Trade were already determining the transformation of EIRELIs into limited liability companies.

By: Liege Fernandes Vargas

CPDMA Team - Corporate

Return

recent posts

STF decides that collective rule that restricts labor rights is constitutional

STF decides that collective rule that restricts labor law is constitutional. The Court observed, however, that the reduction of rights by Collective Agreements or Conventions must respect the guarantees constitutionally guaranteed to workers. The Federal Supreme Court ruled that Collective Bargaining Agreements or Agreements that limit or suppress labor rights are valid, provided that […]

Read more
The eviction action in the judicial recovery

Companies that file a judicial recovery action and have their activities carried out in leased properties may, in the event of default, face an eviction action, even if the credit is listed in the creditors list. On this topic, there are some very important issues being dealt with in the courts regarding the suspension of the demand and about the resumption of the asset during the period of processing of the judicial reorganization.

Read more
Law to reduce bureaucracy of Public Records passed

On June 27th, Law nº 14. 382/2022 was enacted, whose main objective is the creation of the Electronic System of Public Records (SERP), which aims to unify the systems of notary offices throughout the country, reducing the bureaucracy of the national notary system ( the measure covers the registrations of real estate, titles and civil documents of natural persons and […]

Read more
Bidding law and the use of Dispute Boards

In large-scale contracts, complexity, amounts involved, and time are common causes of conflict between the parties. An effective option to help prevent and resolve these disputes is called a dispute board. This method, unlike mediation, arbitration and conciliation, consists of creating a council of technicians, appointed […]

Read more
Tax Benefits to the Events Sector - PERSE Law

The restrictive measures adopted worldwide to minimize the spread of Covid-19 have undeniably brought significant impacts to various sectors of the economy. The determination of isolation or quarantine to face the pandemic, the most effective measure to reduce the circulation of the contagious agent, has made the sector of culture and entertainment events […]

Read more
CVM Resolution No. 80 and the dissonance with the secrecy inherent to arbitration proceedings

In force since May 2, 2022, CVM Resolution No. 80 brings a new notice on corporate demands, regulating the registration and provision of periodic and occasional information from the issuers of securities. Such regulation was the subject of Public Hearing 1/21 and consolidated the content of Instructions No. 367 and 480 […]

Read more
crossmenuchevron-down
en_USEnglish
linkedin Facebook pinterest youtube lol twitter Instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter Instagram