Atlas · Accounting
Closed corporation with equity less than R$ 2 million is exempt from publishing cash flow statement
AnswerThe closed corporation with equity, at the balance sheet date, less than R$ 2,000,000.00 (two million reais), is exempt from the obligation to prepare and publish the cash flow statement.
Reviewed on 2026-10-02 · next review 2027-04-02
Data
| Quem | Critério | Consequência | Fonte | Data do dado |
|---|---|---|---|---|
| Companhia fechada | Patrimônio líquido inferior a R$ 2.000.000,00 | Dispensa de elaborar e publicar a demonstração dos fluxos de caixa | Lei 6.404/1976, art. 176, § 6.º | 28/12/2007 |
Data consulted on 02/10/2026.
Basis
- Law No. 6.404/1976, compiled (Planalto, in Portuguese): the art. 176, § 6.º establishes the equity threshold for exempting closed corporations from preparing and publishing cash flow statements.
- Law No. 11.638/2007 (Planalto, in Portuguese): amends art. 176 of Law 6.404/1976 to include the requirement for cash flow statements and the paragraph that defines the exemption for smaller closed corporations.
How it applies
The obligation to prepare the cash flow statement is the general rule for companies at the end of each fiscal year. However, the law provides a specific exception for closed corporations. If the company's equity, measured on the balance sheet date, is less than R$ 2,000,000.00, the company is exempt from preparing and publishing this financial document.
Limits
- The exemption applies exclusively to closed corporations that meet the equity value criterion.
- The amount of R$ 2,000,000.00 is nominal and fixed according to the wording of Law 11.638/2007; the legal text does not provide automatic monetary updates.
- This sheet does not cover additional obligations for public companies or entities classified as large, which follow specific regulations.
- The versions read are those published by Planalto; subsequent legislative changes must be verified at the official source.