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Letter of Intent for a Business Acquisition in Brazil

Governing law, forum, and the drafting notes that actually change when you build a Letter of Intent for Brazil.

Letter of Intent governed by the law of Brazil

DealDocs sets the laws of the Federative Republic of Brazil as the governing law when you choose Brazil. The forum clause reads: “The Parties elect the courts of the City of Sao Paulo, State of Sao Paulo, as the exclusive forum to resolve any dispute arising out of this document, waiving any other forum, however privileged it may be.”

Governing law

the laws of the Federative Republic of Brazil

Legal system

Civil law, a civil law system, where rules are drawn primarily from codified statutes rather than from a body of judicial precedent.

Conventional arbitration seat

Sao Paulo, Brazil

Naming a party formed here

DealDocs' guided interview references the Federative Republic of Brazil when you enter a party formed in Brazil.

What's different about a Letter of Intent in Brazil

Choice of foreign governing law is constrained once a dispute reaches Brazilian court litigation, which is why cross-border LOIs governed by foreign law conventionally pair that choice with arbitration rather than relying on Brazilian courts to apply it; the same two-witness signing convention and sworn-translation requirement for enforcement apply.

Build your LOI for Brazil now

The guided interview asks for the governing law up front, so the right jurisdiction-specific clauses are included automatically. Preview the full plain English guide and completeness check for free before you unlock the document.

Frequently asked questions

Can a Brazilian-market LOI choose foreign governing law?

Yes, but Brazilian courts constrain applying foreign law in litigation, so foreign-law deals conventionally pair that choice with arbitration instead.

Does an LOI need a Portuguese translation in Brazil?

A sworn Portuguese translation is required if the agreement is relied on in a Brazilian court, even where it was executed in English.

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