Payments, Foreign Exchange & Settlement in Brazil

Essentials guide · Source-checked research100% of statements checked against a source51 checked against an official source0 checked against a secondary sourceChecked 2026-10-19Not yet professionally reviewed

• Profits or dividends paid, credited or remitted abroad are subject to 10% withholding income tax from 1 January 2026, except profits relating to results up to calendar year 2025 whose distribution was approved by 31 December 2025.

  Non-resident beneficiaries; an optional credit mechanism (Lei 9.249/1995, art. 10-A) may be claimed within 360 days, subject to regulation. Treaties may affect the rate.Presidência da República (Planalto) · checked 2026-10-19

• Foreign exchange operations may be carried out without limit on value, subject to the law, National Monetary Council guidelines and Central Bank regulation.

  All residents and non-residents (Lei 14.286/2021, art. 2).Presidência da República (Planalto) · checked 2026-10-19

• Foreign exchange operations must be carried out through institutions authorised by the Central Bank of Brazil.

  Lei 14.286/2021, art. 3.Presidência da República (Planalto) · checked 2026-10-19

• Remittances abroad of profits, dividends and similar payments depend on proof that the income tax due has been paid.

  Outbound remittances on foreign capital (Lei 14.286/2021, art. 22).Presidência da República (Planalto) · checked 2026-10-19

• The foreign exchange and foreign capital law (Lei 14.286/2021) took effect one year after its official publication on 30 December 2021.

  Replaced the earlier foreign capital and exchange framework.Presidência da República (Planalto) · checked 2026-10-19

Read the full guide: Banking, foreign exchange and repatriation