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Legal Entity
Legal entities with Private Rights, based in Brazil, whose effective control is exercised, directly or indirectly, by a private individual or group of private individuals, residents of Brazil, and in which the decision making power is assured, in final instance, to the majority of the voting capital represented through the participation of a national equity participation;

Legal entities with Private Rights, based in Brazil, whose effective control is exercised, directly or indirectly, by a private individual or legal entity based abroad, as long as, in accordance to the law in force, the BNDES has available resources that have been obtained abroad to the Executive Power authorizes the granting of financial assistance.

Individual businessman, as long as a productive activity is exercised and registered in the "Cadastro Nacional de Pessoas Jurídicas" [National Registry for Legal Entities" - CNPJ.


Company Size

The company's size has an influence in the financing conditions.

Micro Enterprise: annual operational gross revenues* of up to R$ 1,200 thousand.

Small Enterprise: annual operational gross revenues* of more than R$ 1,200 thousand and less than or equal to R$ 10,500 thousand.

Medium Enterprise: annual operational gross revenues* of more than R$ 10,500 thousand and less than or equal to R$ 60 million.

Large Enterprise: annual operational gross revenues* of more than R$ 60 million.

(*) Annual operational gross revenues consist of the revenues incurred throughout the calendar year with the result from the sales of goods and services generated by their own operation, the price of offered services and the result of operations in other's accounts, not including the cancelled sales and unconditional discounts that were offered.

In the case of activities initiated in the same calendar year, the limits mentioned above are proportional to the number of months in which the legal entity of individual firm has exercised activities, not considering fractions of months. In the case of companies that are being established, the annual sales forecast used in the endeavor will be considered, taking into account the total installed capacity.

When the company is controlled by another company or belongs to an economic group, the size classification will be granted considering the consolidated gross revenues.


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