South America: Corporate/Commercial Law

This document outlines the legal framework governing the creation, operation, and dissolution of civil associations in Mexico. It examines the constitutional foundations, regulatory requirements, and procedural obligations that nonprofit organizations must fulfill to maintain legal status and tax benefits under Mexican law.

We have discussed in our previous articles why we think you should move to Panama, and how to go about it.

No dia 10 de setembro, foram editadas duas medidas provisórias, MP nº 850/2018 e MP nº 851/2018

One of the biggest mistakes when building a fintech is assuming that financial regulation is only a concern for companies that aspire to become banks. The reality is quite different. Many of today's most successful fintech companies began operating entirely outside the regulatory perimeter. They built innovative technology, validated their business models, acquired customers, and generated revenue without holding a financial services license.

The Brazilian Federal Supreme Court has reached a majority decision on the constitutionality of penalties for companies distributing profits while carrying outstanding tax debts. The ruling establishes specific conditions under which such distributions are prohibited, creating new compliance requirements for corporate profit distributions. Companies must now carefully evaluate their tax positions before approving dividend payments and bonuses to shareholders and managers.

When a company collects biometric data in Mexico, one important question that is often asked is how Mexico’s evolving privacy framework treats that information, and what obligations or risks come with it. The concern is well founded, because biometric data is one of the most sensitive categories of personal information, and Mexico’s recent changes to implement the biometric CURP to citizens have only increased discussion around the topic.

Mexico's M&A market is thriving, driven by nearshoring and foreign investment, yet many international buyers underestimate the complexities of acquiring Mexican companies. While the legal mechanics of mergers are straightforward, the real challenge lies in what the surviving entity inherits—from hidden tax exposures and labor reform compliance gaps to the unique risks embedded in family-owned businesses.

El 3 de abril de 2026, el Director General de la Comisión Nacional de Energía (CNE), Juan Carlos Solís Ávila, publicó en el Diario Oficial de la Federación (“DOF”)...

This report delivers a comprehensive regional analysis of mergers and acquisitions across Latin America, examining transactional trends, regulatory environments, and market dynamics in eleven key jurisdictions. Drawing on insights from leading M&A experts across the Americas, it identifies where investor appetite is heading amid stabilizing interest rates and heightened scrutiny of political and currency risks.

Petrobras has introduced a new pricing mechanism for natural gas that establishes reference bands based on Brent crude prices, creating floors and ceilings to limit quarterly price fluctuations. The voluntary measure aims to reduce a scheduled 22% price adjustment to approximately 6%, though legal experts warn the initiative could significantly impact competitive dynamics in Brazil's evolving gas market. While the mechanism provides greater predictability for distributors and consumers, questions remain abo

O Governo Federal publicou duas portarias que estabelecem novas regras para publicidade de apostas esportivas no Brasil, ampliando as obrigações para toda a cadeia publicitária. As normas incluem advertências obrigatórias sobre riscos de dependência e impõem requisitos de verificação prévia para agências, plataformas e redes sociais que veiculem conteúdo relacionado a bets.

Luanda Backheuser joins industry experts to discuss the legal personality of condominiums, delinquency mechanisms, and regulatory trends emerging from Brazil's Civil Code reform. The panel addresses critical aspects of condominium management that remain poorly understood by professionals in the sector.