Brazil Daily

Brazil changes regulations to increase competition

Good morning! The government moves to reduce red tape and bureaucracy. The real reason to oppose the pension reform bill. 

Brazil changes regulations to increase competition

Just before

the Labor Day holiday, President Jair Bolsonaro signed a provisional decree to reduce bureaucracy for businesses. These measures are issued by the president’s office and hold the same value as laws. They are effective immediately but Congress must confirm them within 120 days, or they lose their validity. We break down the main changes in Brazilian bureaucracy for you:

  • All physical documents can be digitized—and...
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