Ricardo Tosto de OliveriaCarvalho knows financial law in and out and investors who are investing in Brazil, or Brazilians who are investing capital abroad need to know about regulations on filing statements. He mentioned that the Central Bank requires individuals and corporations to file annual and possibly even quarterly returns within certain deadlines, depending on which category they fall into. For individual investors or corporations who are legal residents of Brazil and have investments above $100,000 in US dollars, they are required to report that in CBE statements annually. But for investors who have holdings of greater than $100 million in US dollars, their CBE statements must make quarterly deadlines or face heavy fines and more information click here.
Ricardo Tosto de OliveriaCarvalho is a trusted name in Brazilian law because he has quite a wide area of practice and has been doing so for many years. He got his undergraduate in law from the Mackenzie Presbyterian University in Sao Paulo and also attended the Armando AlvaresPenteado Foundation for business administration. He began his legal practice in just a small room at an office in Sao Paulo, but soon his reputation and cases won earned him quite a compensation that he established one of Brazil’s most reputable law firms known as Leite, Tosto e Barros Advogados. Ricardo Tosto de OliveriaCarvalho has mastered many legal areas, but he’s most known for corporate law and guides clients on business restructuring, tax laws, governance, credit and debt litigation and many other business areas.
Ricardo Tosto de OliveriaCarvalho has become listed in many legal databases including Legal 500 and Who’s Who Legal. He’s also a member of the Brazilian Bar and the International Bar Association. In addition to founding his the law firm, he also was an HR counselor for GrupoRede and its subsidiaries. He’s also on the board of the Institute for Management Development in Switzerland. He also was a manager for the political campaign of Paulo Maluf, a former presidential candidate. Ricardo Tosto de OliveriaCarvalho is also an author who’s written for several well-known publications and also co-authored the book “O Processo de Tiradentes” and learn more about Ricardo.