We have addressed the subject not only in our writings

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In recent years, especially due to the Covid-19 pandemic and a greater search for succession planning mechanisms, there has been a growing use of what has come to be known in Brazil as “ family holding companies ”. We have addressed the subject not only in our writings, but also in lectures, classes and exhibitions.

As José Maria Leoni Lopes de Oliveira explains, “ a holding company is a legal entity that can assume different corporate forms and whose purpose is to participate in other companies, own movable and immovable bulk sms colombia property, or make financial investments”. According to the jurist, “although there is no concept of holding company in Brazilian law , its concept, according to Brazilian doctrine, can be taken from § 3 of art. 2 of the Corporations Law, which establishes that 'the company may have as its purpose to participate in other companies; even if not provided for in the bylaws, participation is permitted as a means of achieving the corporate purpose, or to benefit from tax incentives'.

Although the legal text does not refer to the holding company , it presents its main purpose: the company may have as its purpose to participate in other companies” . Also within the scope of doctrine, Rodrigo Toscano de Brito, dealing more specifically with what is conventionally called a “ family holding company ”, explains that the verb “to hold” means to secure, maintain, control, guard, with the “ family holding company” being a company or legal entity that holds an equity interest in another legal entity for the purpose of controlling “the family’s assets for the purposes of asset organization, reduction of tax costs and succession planning”.