Verde Agritech Ltd T.NPK

Janota question: Company Registrations

[15Stanmore]

Hello Janota,

Can you provide any explanation why there are multiple registrations and Cadastro Nacional da Pessoa Jurdica (CNPJ) numbers issued for the name VERDE FERTILIZANTES LTDA? Here is what comes up online:

CNPJ: 08.000.607/0001-83    Date opened: 16/05/2006  
Registered Belo Horizonte/MG with share capital of R$60,000,000

CNPJ: 08.000.607/0002-64    Date opened: 20/07/2011
Registered Sao Gotardo/MG with share capital of R$60,000,000

CNPJ: 08.000.607/0004-26    Date opened: 12/05/2021
Registered Matutina/MG with share capital of R$60,000,000

Does a company in Brazil have to have a unique CNPJ identifier for each municipality in which it operates?

Thanks for your help with this question.

Cheers,

S.

[Janota59]

Stan, It's a HQ/branch relationship very much like a high street bank arrangement. .../0001-83 is the HQ in Belo .../0002-64 is Plant 1 in Sao Gotardo - Filial (branch) .../0004-26 the most recent is Plant 2 in Matutina - Filial (branch) The one missing from the sequence is.../0003-45 which is now 'Baixada' (liquidated) You can best check the status using the website: https

[15Stanmore]

Hello Janota59, Once again you come through with the information for Verde shareholders, and with your usual, and now expected, value added details and explanations. This all makes perfect sense, especially on the taxation and royalty side where the local municipality can levy and receive payments based on ore extracted from their land area. Your Verde Yoda status has been confirmed yet again!