Startups are synonymous with dynamism and innovation, requiring a legal framework that understands them and encourages their safe development. The Project of Complementary Law No. 252/2023 appears as a watershed for these companies, introducing the Convertible Investment Contract into Share Capital (CICC), encouraging more investments and offering legal security.
On the other hand, based on the recognized SAFE model, CICC offers an innovative investment method. Therefore, it allows future conversions into corporate participation, clarifying legal and tax doubts. Furthermore, by treating the amount invested as acquisition cost, it simplifies taxation. This reduces risks and strengthens the investment culture in the startup ecosystem.
Above all, from its presentation in the Federal Senate, in November 2023, to the rapid approval by the Economic Affairs Committee, in March 2024, the project showed its relevance and urgency. Now, it is expected that, after analysis and approval by the Senate and the Chamber of Deputies, it will bring significant and positive changes to startup financing in Brazil, paving the way for a prosperous and innovative future.
Therefore, the expectation is that its adoption can bring significant and positive changes to the financing of Startups in Brazil, preparing the ground for a future of security, success and continuous innovation.
In conclusion, Bill No. 252/2023 is important for innovation and legal security in the Brazilian startup sector. Facilitating investments and protecting the parties involved, it prepares the ecosystem for innovative and sustainable growth. In short, the need for legal adaptations in a rapidly evolving world stands out.
Published by:
© 2022 Vanzin & Penteado Advogados Associados.
