A legal framework for startups in Minas Gerais

During the first semester of 2016, the Legislative Assembly of the State of Minas Gerais (ALMG) began debating a Public Policy proposal to foster the Startup ecosystem in the state through the draft Bill No 3.578/2016, whose authors are Deputies Antônio Carlos Arantes (PSDB) and Dalmo Ribeiro (PSDB). Currently, the bill is pending approval by…

Judicial structure of startups – Benefits of formalization (part II)

Anna Flávia Moreira In a series of three texts per week, we will present here the legal benefits of formalization of startups in Brazil: individual micro-entrepreneurs (part I); microentrepreneurs (individual entrepreneurs or EIRELI) and EPP (Part II); and companies (Part III) Private entrepreneurs and EIRELI The structure of a company is the result of three variables:…

Judicial structure of startups in Brazil – Benefits of formalization (part I)

In a series of three texts per week, we will present here the legal benefits of formalization of startups in Brazil: individual micro-entrepreneurs (part I); microentrepreneurs (individual, company or EIRELI) and EPP (Part II); and companies (Part III). Individual micro-entrepreneurs Informality is still a big problem in Brazilian economy and it has developed intensively over…