Startups and technology companiesFrom incorporation to the funding round, with the right rules from the start.
Shareholders’ agreement, vesting, technology contracts, trademarks and investment readiness, at the pace of those who are building.
The journey
Partners with no exit rules and code with no defined owner
Legal entity type, shareholders’ agreement, vesting and assignment of the founders’ intellectual property
What Complementary Law 182/2021 changed for you.
Who qualifies as a startup
A company with gross revenue of up to R$ 16 million in the previous year and up to 10 years since its CNPJ (company registration), that declares it uses an innovative business model or is enrolled in Inova Simples.
How to receive investment
The law lists instruments such as subscription options, convertible notes and angel investment agreements.
Investor protection
Those who invest through these instruments are not considered partners and, as a rule, are not liable for the company’s debts.
Experimental regulatory environment
Regulators may authorize tests of innovative models under relaxed rules, known as a regulatory sandbox.
Informative summary. How it applies to your case depends on a review of the company’s documents.
Investing in Brazilian startups? We review the investment agreement and the investor’s protections, based on Brazil’s Startup Legal Framework.