Branches of Foreign Companies
There are 7 main duties:
Income taxpayers must file the annual return of assets owned abroad.
Check deadlines for Annual return of assets owned abroad:
Income taxpayers, that perform business activities with related parties located abroad and within free trade zones, are subject to transfer pricing regime and must file the informative return and the supporting documentation.
Withholding agents of VAT and income tax, and designated self-withholders of Income Tax are required to submit and pay returns every month during 2023.
The subjects obliged to file the beneficial owners report under Resolution 164 of 2021 will have to comply such obligation no later than July 31, 2023.