LLC Operating Agreement — Brazil
LexiForm Brazil Legal Review Team
Reviews and maintains Brazil document templates and jurisdiction data for accuracy against current statute text.
Last reviewed 2026-06-01
| Governing law reference | Lei da Propriedade Industrial (Law No. 9.279/1996) — no standalone trade secrets statute; also protected via the LGPD (data protection law) |
| Local enforcement body | Instituto Nacional da Propriedade Industrial (INPI) / civil courts |
| Average legal fee range | R$300–R$800/hrpending legal review |
| Compliance requirement | Should specify member voting rights, capital contributions, and procedures for admitting or removing members. |
| Penalty for violation | Absence of an operating agreement typically defaults to the jurisdiction's standard company statute, which may not reflect the members' intentions.pending legal review |
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