Any firm that wants to produce motion pictures in Brazil must be incorporated under Brazilian law, with headquarters and administration in the country, and with the majority of the total and voting capital directly or indirectly owned by Brazilians citizens by birth or naturalized citizens for more than 10 years, who must actually exercise the company's decision-making power. Foreign firms may produce motion pictures in Brazil subject to a partnership with a Brazilian production company.
"Art. 1 For the purposes of this Provisional Measure, it is understood as: [...]
V - Brazilian cinematographic work or Brazilian videophonographic work: one that meets one of the following requirements:       
a) be produced by company Brazilian producer, subject to the provisions of § 1 the , registered in ANCINE be directed by Brazilian director or resident alien in the country for more than three (3) years and used for its production, at least 2 /3 (two thirds) of Brazilian artists and technicians or residents in Brazil for more than 5 (five) years;       
b) be performed by a Brazilian production company registered with ANCINE, in association with companies from other countries with which Brazil maintains a cinematographic co-production agreement and in accordance with them.
c) be carried out, under a co-production regime, by a Brazilian production company registered with ANCINE, in association with companies from other countries with which Brazil does not maintain a co-production agreement, ensuring ownership of at least 40% (forty percent) of the property rights of the work to the Brazilian production company and use for its production at least 2/3 (two thirds) of Brazilian artists and technicians or residents in Brazil for more than 3 (three) years. [...]
§ 1 For the purposes of item V of this article, a Brazilian company is understood to be one constituted under Brazilian law, with headquarters and administration in the country, whose majority of total and voting capital is directly or indirectly owned, by native or naturalized Brazilians for more than 10 (ten) years, which must exercise in fact and in law the decision-making power of the company.
[...]
Art. 2 The national cinema policy will be based on the following general principles: [...]
III - programming and distribution of audiovisual works of any origin in electronic means of mass communication under mandatory and exclusive responsibility, including editorial, of Brazilian companies, qualified in the form of § 1 of art. 1 of Provisional Measure no. 2.228-1, of September 6, 2001, with the wording given by this Law.
[...]
Art. 23. The production in Brazil of foreign cinematographic or videophonographic work must be communicated to ANCINE.
Single paragraph. The production and adaptation of foreign cinematographic or videophonographic work in Brazil must be carried out under a contract with a Brazilian production company, which will be responsible for the production under Brazilian law.[...]" (Provisional Measure No. 2.228-1 on the National Policy for Motion Pictures (6 September 2001), last amended by Law No. 14,173 of 2021, Articles 1, 2 and 23 [google translation])
Provisional Measure No. 2.228-1 on the National Policy for Motion Pictures (6 September 2001), last amended by Law No. 14,173 of 2021, Articles 1, 2 and 23
[<a href="http://www.planalto.gov.br/ccivil_03/mpv/2228-1.htm">Measure</a>]