Brazil Enhances Beneficial Ownership (UBO) Reporting Requirements
Effective as of 1 January 2026, Brazil has updated its UBO reporting framework, introducing a new digital filing tool – the e-BEF (Digital Beneficial Ownership Form) – to streamline compliance with the Brazilian Federal Revenue Service reporting requirements. Since 2016, both Brazilian and foreign entities have been required to disclose their ultimate beneficial owners. Non-compliance may result in the suspension of […]