With the introduction of the so-called Economic Freedom Legislation, it was created the possibility of Brazilian Limited Liability companies (Sociedades Limitadas) having a sole quotaholder, differently from the previous requirement of at least two quotaholders. Did your economic group evaluate the potential corporate restructuring/simplification that can be implemented? Cost optimization can be obtained through reduction of consolidation, reporting, returns, register, powers of attorney, etc. Should you like to further discuss, please contact us at This email address is being protected from spambots. You need JavaScript enabled to view it..