{"id":27563,"date":"2026-07-29T19:12:57","date_gmt":"2026-07-29T16:12:57","guid":{"rendered":"https:\/\/ovza.com\/?p=27563"},"modified":"2026-07-29T19:12:57","modified_gmt":"2026-07-29T16:12:57","slug":"what-is-fatca","status":"publish","type":"post","link":"https:\/\/ovza.com\/pt\/what-is-fatca\/","title":{"rendered":"What Is FATCA"},"content":{"rendered":"<section class=\"l-section wpb_row us_custom_f05bea1e height_small\"><div class=\"l-section-h i-cf\"><div class=\"g-cols vc_row via_grid cols_1 laptops-cols_inherit tablets-cols_inherit mobiles-cols_1 valign_top type_default stacking_default\"><div class=\"wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"w-html\"><!DOCTYPE html>\n<html lang=\"en\">\n<head>
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\n    <meta charset=\"UTF-8\">\n    <meta name=\"viewport\" content=\"width=device-width, initial-scale=1.0\">\n     <style>\n        .audio-container {\n            background-color: #f0f2f5;\n            border: 1px solid #e0e0e0;\n            border-radius: 10px;\n            box-shadow: 0 4px 8px #fff;\n            padding: 20px;\n            width: 100%;\n            max-width: 100%;\n            box-sizing: border-box;\n        }\n\n        audio {\n            width: 100%;\n            outline: none;\n        }\n\n        .audio-header {\n            display: flex;\n            align-items: center;\n            margin-top: 0px !important;\n            padding-left: 2rem;\n        }\n\n        .audio-icon {\n            background-color: #1db38d;\n            border-radius: 50%;\n            width: 45px;\n            height: 45px;\n            display: flex;\n            align-items: center;\n            justify-content: center;\n            margin-right: 10px;\n        }\n\n        .audio-icon svg {\n            width: 24px;\n            height: 24px;\n            fill: #fff !important; \/* White icon color *\/\n        }\n\n        .audio-title {\n            font-weight: normal;\n            color: #000;\n            font-size: 18px;\n        }\n\n        \/* Media query for mobile devices *\/\n         @media (max-width: 600px) {\n     .audio-header {\n                flex-direction: row;\n                justify-content: center; \/* Ensures center alignment *\/\n                text-align: center;\n                width: 100%;\n            }\n\n            .audio-icon {\n                margin-right: 10px;\n                margin-left: -2rem;\n            }\n\n            .audio-title {\n                margin-top: 0;\n            }\n        }\n    <\/style>\n<\/head>\n\n    <div class=\"audio-container\">\n        <audio controls>\n            <source src=\"https:\/\/ovza.com\/wp-content\/uploads\/2026\/07\/What-Is-FATCA.mp3\" type=\"audio\/mpeg\">\n            \n        <\/audio>\n        <div class=\"audio-header\">\n            <div class=\"audio-icon\">\n                <svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"headphones\"\n                     xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 512 512\">\n                    <path\n                          d=\"M256 32C114.52 32 0 146.496 0 288v48a32 32 0 0 0 17.689 28.622l14.383 7.191C34.083 431.903 83.421 480 144 480h24c13.255 0 24-10.745 24-24V280c0-13.255-10.745-24-24-24h-24c-31.342 0-59.671 12.879-80 33.627V288c0-105.869 86.131-192 192-192s192 86.131 192 192v1.627C427.671 268.879 399.342 256 368 256h-24c-13.255 0-24 10.745-24 24v176c0 13.255 10.745 24 24 24h24c60.579 0 109.917-48.098 111.928-108.187l14.382-7.191A32 32 0 0 0 512 336v-48c0-141.479-114.496-256-256-256z\">\n                    <\/path>\n                <\/svg>\n            <\/div>\n           \n        <\/div>\n    <\/div>\n\n<\/html><\/div><div class=\"w-separator size_small\"><\/div><div class=\"wpb_text_column us_custom_1f257949 postdata\"><div class=\"wpb_wrapper\"><p><span style=\"font-weight: 400;\">As businesses and investors increasingly operate across multiple jurisdictions, international financial reporting has become an important part of global compliance. Banks, financial institutions, and corporate service providers now follow standardized procedures designed to identify and report certain cross-border financial relationships. One of the most significant frameworks in this area is the Foreign Account Tax Compliance Act (FATCA).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Understanding what FATCA is and how it works is particularly important for U.S. citizens, U.S. tax residents, and businesses with U.S. ownership or connections. Although FATCA does not create a new tax, it establishes reporting obligations that affect financial institutions worldwide and certain individuals with foreign financial assets. Knowing how these rules operate helps businesses prepare the correct documentation, avoid unnecessary delays during bank onboarding, and maintain compliant international structures.<\/span><\/p>\n<h2 id='what-is-fatca'><b>What Is FATCA?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">O <\/span><a href=\"https:\/\/www.irs.gov\/businesses\/corporations\/foreign-account-tax-compliance-act-fatca\" target=\"_blank\" rel=\"noopener\"><b>Lei de Conformidade Fiscal de Contas Estrangeiras (FATCA)<\/b><\/a><span style=\"font-weight: 400;\"> is a U.S. law enacted in 2010 to improve tax transparency by identifying foreign financial assets held by U.S. taxpayers. Rather than imposing additional taxes, FATCA requires financial institutions outside the United States to identify accounts connected to U.S. persons and report certain information either directly or through agreements between governments.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Unlike many countries that determine tax obligations primarily through tax residency, the United States generally taxes its citizens and certain residents regardless of where they live. FATCA supports this system by providing the Internal Revenue Service (IRS) with information about qualifying foreign financial accounts and certain offshore entities connected to U.S. taxpayers.<\/span><\/p>\n<h2 id='how-fatca-works'><b>How FATCA Works?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">FATCA operates through two complementary reporting systems.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">First, many foreign financial institutions\u2014including banks, investment firms, custodians, and certain insurance companies\u2014must identify customers with U.S. tax connections. These institutions perform customer due diligence during account opening and throughout the relationship, looking for indicators such as U.S. citizenship, a U.S. address, a U.S. place of birth, or other relevant connections. Depending on local agreements, qualifying account information is then reported to the IRS or to domestic tax authorities that exchange information with the United States.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Second, certain U.S. taxpayers who hold foreign financial assets above specified reporting thresholds must disclose those assets on<\/span><a href=\"https:\/\/www.irs.gov\/forms-pubs\/about-form-8938\" target=\"_blank\" rel=\"noopener\"> <b>IRS Form 8938<\/b> <\/a><span style=\"font-weight: 400;\">when filing their annual tax returns. The exact reporting threshold depends on filing status and whether the taxpayer lives inside or outside the United States.<\/span><\/p>\n<h2 id='foreign-financial-institutions-under-fatca'><b>Foreign Financial Institutions Under FATCA<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Foreign Financial Institutions (FFIs) play a central role in FATCA compliance because they act as the first layer of reporting.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Financial institutions subject to FATCA generally establish procedures to identify reportable accounts, collect self-certification documents from customers, and maintain ongoing monitoring processes. Institutions that fail to comply with FATCA requirements may become subject to withholding on certain U.S.-source payments, making compliance an important consideration for international banking operations.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For business owners, this means that opening corporate accounts often involves additional documentation relating to beneficial ownership, tax residency, and entity classification.<\/span><\/p>\n<h2 id='fatca-and-form-8938'><b>FATCA and Form 8938<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Individual reporting complements institutional reporting under FATCA.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Certain U.S. taxpayers who exceed applicable reporting thresholds must file<\/span><a href=\"https:\/\/www.irs.gov\/pub\/irs-pdf\/f8938.pdf\" target=\"_blank\" rel=\"noopener\"> <b>Formul\u00e1rio 8938<\/b><\/a><span style=\"font-weight: 400;\"> with their federal tax return. Depending on the circumstances, reportable assets may include foreign bank accounts, brokerage accounts, interests in foreign entities, certain foreign investment assets, and other specified financial holdings.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The reporting thresholds vary according to filing status and residency, meaning not every foreign account automatically requires Form 8938 reporting. Professional tax advice is often appropriate when determining individual filing obligations.<\/span><\/p>\n<h3 id='fatca-vs-crs'><b>FATCA vs. CRS<\/b><b><\/b><\/h3>\n<table>\n<tbody>\n<tr>\n<td><b>Recurso<\/b><\/td>\n<td><b>FATCA<\/b><\/td>\n<td><b>CRS<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>Primary Scope<\/b><\/td>\n<td><span style=\"font-weight: 400;\">U.S. taxpayers and certain U.S.-owned entities<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Tax residents of participating countries<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Administered By<\/b><\/td>\n<td><span style=\"font-weight: 400;\">United States (IRS)<\/span><\/td>\n<td><span style=\"font-weight: 400;\">OECD member and participating jurisdictions<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Tax Basis<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Citizenship and certain residency rules<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Tax residency<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Geographic Reach<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Global through intergovernmental agreements<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Global through participating jurisdictions<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Reporting Thresholds<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Vary depending on taxpayer circumstances<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Determined under local CRS rules<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">Although FATCA and the <\/span><a href=\"https:\/\/ovza.com\/pt\/o-que-e-o-sistema-crs\/\"><span style=\"font-weight: 400;\">Padr\u00e3o Comum de Relat\u00f3rios (CRS)<\/span><\/a><span style=\"font-weight: 400;\"> both support international tax transparency, they are separate reporting systems with different legal frameworks and reporting requirements.<\/span><\/p>\n<h2 id='fatca-and-offshore-companies'><b>FATCA and Offshore Companies<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Owning an offshore company does not automatically create FATCA reporting obligations, but the company&#8217;s ownership structure may become relevant if U.S. persons hold ownership interests or exercise control.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">During company formation or corporate banking, financial institutions commonly request documentation identifying ultimate beneficial owners, tax classifications, and applicable self-certification forms. Passive entities with substantial U.S. owners may require additional disclosures depending on the circumstances.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Maintaining accurate corporate records, identifying beneficial owners correctly, and providing complete banking documentation can help reduce delays during account opening and ongoing compliance reviews.<\/span><\/p>\n<h2 id='conclusion'><b>Conclus\u00e3o<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Understanding what FATCA is and how it works is an important part of operating internationally, particularly for businesses or individuals with U.S. tax connections. Rather than creating new taxes, FATCA establishes reporting obligations that improve transparency between financial institutions and tax authorities.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Businesses that maintain accurate records, understand their reporting responsibilities, and establish clear governance procedures are generally better positioned to navigate international banking requirements and cross-border financial operations with confidence.<\/span><\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"l-section wpb_row hide_on_tablets hide_on_mobiles height_small\"><div class=\"l-section-h i-cf\"><div class=\"g-cols vc_row via_grid cols_1-4-1 laptops-cols_inherit tablets-cols_inherit mobiles-cols_1 valign_top type_default stacking_default\"><div class=\"wpb_column vc_column_container\"><div class=\"vc_column-inner\"><\/div><\/div><div class=\"wpb_column vc_column_container\"><div class=\"vc_column-inner\"><h3 class=\"w-text us_custom_c54ec29c has_text_color\"><span class=\"w-text-h\"><span class=\"w-text-value\">Perguntas frequentes<\/span><\/span><\/h3><div class=\"w-tabs style_default switch_click accordion has_scrolling\" style=\"--sections-title-size:inherit\"><div class=\"w-tabs-sections titles-align_none icon_plus cpos_right\"><div class=\"w-tabs-section\" id=\"oeb0\"><button class=\"w-tabs-section-header\" aria-controls=\"content-oeb0\" aria-expanded=\"false\"><div class=\"w-tabs-section-title\">Does FATCA create a new tax on foreign bank accounts?<\/div><div class=\"w-tabs-section-control\"><\/div><\/button><div  class=\"w-tabs-section-content\" id=\"content-oeb0\"><div class=\"w-tabs-section-content-h i-cf\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><p><span style=\"font-weight: 400;\">No. FATCA is a reporting law rather than a tax law. It requires certain foreign financial assets to be reported but does not itself impose additional taxes.<\/span><\/p>\n<\/div><\/div><\/div><\/div><\/div><div class=\"w-tabs-section\" id=\"iffb\"><button class=\"w-tabs-section-header\" aria-controls=\"content-iffb\" aria-expanded=\"false\"><div class=\"w-tabs-section-title\">What is the difference between FATCA and FBAR?<\/div><div class=\"w-tabs-section-control\"><\/div><\/button><div  class=\"w-tabs-section-content\" id=\"content-iffb\"><div class=\"w-tabs-section-content-h i-cf\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><p><span style=\"font-weight: 400;\">FATCA reporting is generally completed through IRS Form 8938 as part of a federal tax return. The FBAR (FinCEN Form 114) is a separate reporting requirement with different filing thresholds and is submitted electronically to the Financial Crimes Enforcement Network.<\/span><\/p>\n<\/div><\/div><\/div><\/div><\/div><div class=\"w-tabs-section\" id=\"c11b\"><button class=\"w-tabs-section-header\" aria-controls=\"content-c11b\" aria-expanded=\"false\"><div class=\"w-tabs-section-title\">Does FATCA apply to everyone with an offshore company?<\/div><div class=\"w-tabs-section-control\"><\/div><\/button><div  class=\"w-tabs-section-content\" id=\"content-c11b\"><div class=\"w-tabs-section-content-h i-cf\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><p><span style=\"font-weight: 400;\">No. FATCA primarily affects U.S. taxpayers, certain U.S.-owned entities, and foreign financial institutions that maintain reportable accounts. Whether reporting is required depends on the ownership structure and applicable regulations.<\/span><\/p>\n<\/div><\/div><\/div><\/div><\/div><div class=\"w-tabs-section\" id=\"d22c\"><button class=\"w-tabs-section-header\" aria-controls=\"content-d22c\" aria-expanded=\"false\"><div class=\"w-tabs-section-title\">Why do banks request tax residency and citizenship information?<\/div><div class=\"w-tabs-section-control\"><\/div><\/button><div  class=\"w-tabs-section-content\" id=\"content-d22c\"><div class=\"w-tabs-section-content-h i-cf\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><p><span style=\"font-weight: 400;\">Financial institutions collect this information to determine whether reporting obligations exist under FATCA, CRS, or other international compliance frameworks before opening or maintaining accounts.<\/span><\/p>\n<\/div><\/div><\/div><\/div><\/div><div class=\"w-tabs-section\" id=\"z36f\"><button class=\"w-tabs-section-header\" aria-controls=\"content-z36f\" aria-expanded=\"false\"><div class=\"w-tabs-section-title\">Can an offshore company still open international bank accounts under FATCA?<\/div><div class=\"w-tabs-section-control\"><\/div><\/button><div  class=\"w-tabs-section-content\" id=\"content-z36f\"><div class=\"w-tabs-section-content-h i-cf\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><p><span style=\"font-weight: 400;\">Yes. Offshore companies can open corporate bank accounts provided they satisfy the institution&#8217;s compliance requirements, including Know Your Customer (KYC), Anti-Money Laundering (AML), beneficial ownership verification, and any applicable FATCA documentation.<\/span><\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><div class=\"wpb_column vc_column_container\"><div class=\"vc_column-inner\"><\/div><\/div><\/div><\/div><\/section><section class=\"l-section wpb_row height_small\"><div class=\"l-section-h i-cf\"><div class=\"g-cols vc_row via_grid cols_1 laptops-cols_inherit tablets-cols_inherit mobiles-cols_1 valign_top type_default stacking_default\"><div class=\"wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"w-html\">\n<style>\n.google-follow-action a{\ntext-decoration: none;\n}\n.google-follow-section {\n    position: relative;\n    margin: 56px 0;\n    padding: 20px;\n}\n\n.google-follow-card {\n    position: relative;\n    width: 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gap: 16px;\n    }\n\n    .google-follow-icon {\n        width: 50px;\n        height: 50px;\n        border-radius: 14px;\n    }\n\n    .google-follow-icon img {\n        width: 27px;\n        height: 27px;\n    }\n\n    .google-follow-content .google-follow-title {\n        font-size: 18px;\n        letter-spacing: -0.1px;\n    }\n\n    .google-follow-content .google-follow-description {\n        font-size: 14px;\n    }\n\n    .google-follow-btn {\n        min-height: 48px;\n        font-size: 15px;\n    }\n\n    .google-follow-btn-blob {\n        width: 22px;\n        height: 22px;\n    }\n}\n\n\/* Reduce animation for users who prefer less motion *\/\n@media (prefers-reduced-motion: reduce) {\n    .google-follow-card,\n    .google-follow-btn,\n    .google-follow-btn-blob {\n        transition: none;\n    }\n\n    .google-follow-btn:hover .google-follow-btn-blob {\n        transform: none;\n    }\n}\n<\/style>\n\n<section class=\"google-follow-section\">\n    <div 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Embora a OVZA se esforce ao m\u00e1ximo para garantir a precis\u00e3o e a atualidade das informa\u00e7\u00f5es, o conte\u00fado n\u00e3o deve ser considerado como aconselhamento jur\u00eddico, financeiro ou tribut\u00e1rio.<\/em><\/p>\n<\/div><\/div><div class=\"w-text us_custom_f88b33b2\"><span class=\"w-text-h\"><span class=\"w-text-value\">Compartilhe este artigo<\/span><\/span><\/div><div class=\"w-socials us_custom_165216c9 fixicons color_brand shape_circle style_outlined hover_slide\" style=\"--gap:0.25em;\"><div class=\"w-socials-list\"><div class=\"w-socials-item facebook\"><a href=\"https:\/\/www.facebook.com\/sharer\/sharer.php?u=https:\/\/ovza.com\/what-is-fatca\" class=\"w-socials-item-link\" title=\"Facebook\" aria-label=\"Facebook\"><span class=\"w-socials-item-link-hover\"><\/span><i class=\"fab fa-facebook\"><\/i><\/a><\/div><div class=\"w-socials-item twitter\"><a target=\"_blank\" href=\"https:\/\/twitter.com\/intent\/tweet?url=https:\/\/ovza.com\/what-is-fatca\" class=\"w-socials-item-link\" title=\"Twitter\" aria-label=\"Twitter\"><span class=\"w-socials-item-link-hover\"><\/span><i class=\"fab fa-x-twitter\"><svg style=\"width:1em; margin-bottom:-.1em;\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 512 512\"><path fill=\"currentColor\" d=\"M389.2 48h70.6L305.6 224.2 487 464H345L233.7 318.6 106.5 464H35.8L200.7 275.5 26.8 48H172.4L272.9 180.9 389.2 48zM364.4 421.8h39.1L151.1 88h-42L364.4 421.8z\"\/><\/svg><\/i><\/a><\/div><div class=\"w-socials-item linkedin\"><a href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&amp;url=https:\/\/ovza.com\/what-is-fatca\" class=\"w-socials-item-link\" title=\"LinkedIn\" aria-label=\"LinkedIn\"><span class=\"w-socials-item-link-hover\"><\/span><i class=\"fab fa-linkedin\"><\/i><\/a><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section>","protected":false},"excerpt":{"rendered":"As businesses and investors increasingly operate across multiple jurisdictions, international financial reporting has become an important part of global compliance. Banks, financial institutions, and corporate service providers now follow standardized procedures designed to identify and report certain cross-border financial relationships. One of the most significant frameworks in this area is the Foreign Account Tax Compliance...","protected":false},"author":4,"featured_media":27564,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[126],"tags":[],"class_list":["post-27563","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles-and-industry"],"acf":[],"_links":{"self":[{"href":"https:\/\/ovza.com\/pt\/wp-json\/wp\/v2\/posts\/27563","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ovza.com\/pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ovza.com\/pt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ovza.com\/pt\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/ovza.com\/pt\/wp-json\/wp\/v2\/comments?post=27563"}],"version-history":[{"count":10,"href":"https:\/\/ovza.com\/pt\/wp-json\/wp\/v2\/posts\/27563\/revisions"}],"predecessor-version":[{"id":27600,"href":"https:\/\/ovza.com\/pt\/wp-json\/wp\/v2\/posts\/27563\/revisions\/27600"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ovza.com\/pt\/wp-json\/wp\/v2\/media\/27564"}],"wp:attachment":[{"href":"https:\/\/ovza.com\/pt\/wp-json\/wp\/v2\/media?parent=27563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ovza.com\/pt\/wp-json\/wp\/v2\/categories?post=27563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ovza.com\/pt\/wp-json\/wp\/v2\/tags?post=27563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<!-- This website is optimized by Airlift. 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