As of today (13), privately-held companies (no shares on the stock exchange) that earn up to R$ 78 million per year can publish balance sheets and other corporate acts only on the internet. An ordinance published in the Federal Official Gazette it does not need to be published in newspapers and official newspapers of great circulation.
The documents can be published in the Central Balance Sheets of the Public Digital Bookkeeping System (Sped), free of charge. Signed on the last 7th, but published only today in the Official Gazette, the ordinance regulates the complementary law that created the Legal Framework of Startups, sanctioned in June.
Developed by the Ministry of Economy, Sped allows the publication of documents with electronic signature by companies that use a digital certificate, a mandatory encrypted key for all legal entities. The system guarantees the authenticity of the acts, indicating the date of publication and the fact that the document has not been altered.
Revenues of up to R$78 million include small and medium-sized companies. In addition to the balance sheets, the documents that can be published on Sped are audit reports, minutes or any other corporate acts required by Corporations Law.
In a statement, the Ministry of Economy informed that the measure significantly reduces the cost for smaller companies, increasing business competitiveness. In addition, the measure provides gains by reducing bureaucracy and increasing transparency in the disclosure of mandatory acts.
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