Investments in the oil and gas sector in Brazil continue to offer many opportunities, both for companies within the sector and for all companies that support this industry.

On April 30th, 2023 the Provisory Act N. 1,117/23 (“MP 1171/23”) was issued, and besides the modification of the amounts of the monthly table of the Income Tax of Individuals (“IRPF”).

Every year, the quotaholders of limited liability companies shall hold quotaholders’ meetings/assemblies to deliberate about the accounts of the officers, the balance sheet and the profit and loss statement.