Brazil has published Complementary Law No. 167 of 24 April 2019, which provides for the introduction of a simplified regime (Inova Simples) for innovate start-ups in order to promote technological advances and innovation and the generation of employment. For the purpose of the regime, innovative start-ups include companies focused on improving existing systems, methods or models of business, production, services, or products, or creating something totally new of a disruptive nature. Benefits…