A regulação do investimento-anjo no ordenamento jurídico brasileiro: reflexos da Lei Complementar nº 155/2016

Abstract

This academic article investigates how business angel towards startup companies are regulated brazilian law. The legal relationship between well-fixed investors and innovative business entrepreneurs substantially concerns the promotion of our national economy. In October 2016, this topic was made into a law (Complementary Law n. 155/2016). With the assistance of Paula Forgini's general theory of business contract, we aim to critically demonstrate that our legal system has been refreshed in the issue of facing new kinds of business and technologies, although this is not enough since there still is too much to learn in advance, e.g. how this law has restricted contracting parties' freedom of choice in those types of contractual legal devices. Furthermore, in the Tax Law field, said law allows that investment becomes less attractive in view of other modalities.