By means of power of attorney, individuals or legal persons (referred to as principal or grantor) grant others (referred to as attorney-in-fact or grantee) powers to, in their name, perform acts or manage their interests in Brazilian territory.
Brazilian law determines that certain powers of attorney shall only be deemed valid and produce legal effects if they are public. The following types belong to this category:
Although it is similar to a public power of attorney, the private power of attorney is a simple and more informal document, drafted and printed in A4 format by the applicant.
Not all institutions will accept private powers of attorney. The applicant is responsible for verifying whether a public power of attorney is required or a private power of attorney will suffice.