New Brazilian Law Makes Life Easier For Startups

Author:Mr Carlos Cavalcanti
Profession:Moeller IP Advisors

The Brazilian Supplementary Law 167/2019, which established INOVA SIMPLES, a simplified special regime of companies, which grants differentiated tax treatment, was published in the Official Gazette of April 24, 2019 with the purpose of stimulating the development of startup companies.

The law also determines that Brazilian PTO must create a mechanism that will link from the reception of the data to the summary processing of trademark and patents applications of companies of Inova Simples.

There will be a portal named Redesim, where a field or icon will be created for automatic communication with Brazilian PTO, of the inventive...

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