End to Foreign Ownership Cap of Brazilian Airlines
The Brazilian Federal Government recently published Medida Provisória No. 863/2018 ("MP 863/18"), a new rule that amends Federal Law No. 7,565, of December 19, 1986 (Brazilian Aviation Code) and lifts the existing restrictions to foreign capital shareholding in Brazilian air transportation companies. As a result, foreign investors are from now on able to hold up to one hundred percent (100%) of the voting capital of Brazilian airlines.
Link to article
- Conventional Thinking
- Africa Tax in Brief
- International Arbitration and Financial Institutions - Current Status and the Path Ahead
- What the Changes to CFIUS Mean for Foreign Investment
WSG Member: Please login to add your comment.