Brazilian Capital Abroad Declaration (CBE) | Reference Year 2025
We hereby inform you that the filing period for the Annual Brazilian Capital Abroad Declaration, with reference date of December 31, 2025, is now open. Such declaration must be submitted to the Brazilian Central Bank by individuals or legal entities resident, domiciled or headquartered in Brazil that hold assets abroad in an amount equal to or exceeding the threshold established under the applicable regulations.
The declaration must be filed by April 5, 2026, through the electronic system made available by the Brazilian Central Bankl.
1. Persons required to file the declaration
Individuals and legal entities resident, domiciled or headquartered in Brazil are required to submit the declaration. The applicable reporting frequency varies according to the aggregate amount of assets and rights held abroad, as set out below:
1. Annual Declaration: An Annual CBE must be filed where assets and rights held abroad amount to USD 1,000,000.00 (one million United States dollars) or more as of the reference date of December 31, 2025. The declaration for the current reporting cycle must be submitted by April 5, 2026 (“Annual CBE”).
2. Quarterly Declaration: A Quarterly CBE must be submitted where assets and rights held abroad amount to USD 100,000,000.00 (one hundred million United States dollars) or more. Such declaration is required in addition to the above-mentioned Annual CBE, with reference to the following base dates:
- Reference date of March 31, 2026: filing period from April 30 to June 5, 2026;
- Reference date of June 30, 2026: filing period from July 31 to September 5, 2026; and
- Reference date of September 30, 2026: filing period from October 31 to December 5, 2026.
Assets subject to reporting include, among others: (i) bank deposits held abroad; (ii) equity interests in foreign companies; (iii) securities and financial instruments; (iv) loans granted to non-residents; and (v) real estate and other assets located outside Brazil.
2. Information to be provided
The declaration must contain detailed information regarding the assets held abroad, including, inter alia:
I. identification and classification of the assets held outside Brazil;
II. corresponding values attributed to each asset as of the relevant reference date;
III. country of location of the assets; and
IV. characteristics and nature of the investments made.
3. Penalties
Failure to submit the declaration, or the submission of false, incomplete, inaccurate or untimely information, may subject the responsible party to administrative fines, in accordance with the applicable regulatory framework.
Araújo e Policastro team remains at your disposal to provide any further clarifications and assistance, including with respect to the assessment of the reporting obligation, the collection and organization of the required information, and the submission of the declaration to the Brazilian Central Bank.
