Services

11.638/07 Law Compliance

On December 28, 2007, it was sanctioned the 11.638/07 Law, which came into force in January 2008, amending the law of corporations 6404/76 as a initiative to harmonize Brazilian rules regarding international accounting rules (IFRS).



These changes confirm the Brazilian Market maturity, since it increases the assets and liabilities values transparency, making the company’s access to domestic and international capital market easier, besides reducing credit operations costs and encourage investments.

Hesselbach professionals are able to answer specific questions on changes impact, supporting your company in the convergence and adequacy process to 11.638/07 Law.

The financial accounting and tax adequacy to 11.638/07 law are included in the outsourcing services offered by Hesselbach for the customers that wish outsource their companies’ areas.