R/CN Advogados

Corporate and white-collar law

The work begins
before the problem does.

And it does not end when the crisis passes.

Prevent. Prepare.
Respond. Rebuild.

The same matter changes in nature depending on when it reaches us. So does the kind of work that solves it.

  1. Before

    Prevent

    Structures, contracts, policies and decisions that reduce exposure without stalling the business.

  2. When it looms

    Prepare

    Clauses, records and an evidence trail built for the dispute that does not exist yet.

  3. During

    Respond

    Legal coordination, preservation of evidence and fast choices under pressure.

  4. After

    Rebuild

    Remediation, review of controls and governance, to prevent recurrence and restore confidence.

We write when there is something worth saying.

All publications

Venture capital

How startup investments are taxed in Brazil: convertible loans and equity

Under a convertible loan the investor is a lender, and interest is subject to withholding at 22.5% down to 15%. After conversion, selling the stake produces a capital gain, from 15% to 22.5%. A liquidation preference changes the split, not the nature of what is received.

Six practice areas, one firm.

All practice areas

The firm is new. The practice behind it is not.

Founded in 2024. The practice behind it was built over more than ten years in leading Brazilian full-service firms and in a US firm with a global practice.

About the firm

What you can hold us to

  1. A reply within one business day, even when the answer is no.

  2. A single point of contact, from the first email to the last hearing.

  3. Reports written for the board, not for the court.

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