For many years, the scenario for recording agreements for the license of trademarks, patents, utility models, industrial designs, technology transfer, technical assistance services and franchises remained unchanged in Brazil.
However, recently, significant changes have emerged, bringing about substantial impacts. Among these transformations the following stand out: a) the New Exchange Rate Framework, which significantly altered the requirements for royalty remittance; b) the New Transfer Pricing Rules, which influenced tax deductibility; and c) the New Rules published by the Brazilian Patent and Trademark Office (BPTO), which modified the formal requirements and some technical aspects related to the recordation of contracts. In this article, we will explore these changes, analyze their impacts, and discuss relevant issues, such as the requirement or exemption of recordation of the agreement for the purpose of royalty remittance and tax deductibility.