Clear structure, decisions aligned with the long term.
How we organise ourselves is not a legal detail — it is a structural decision. It reflects the kind of relationship we intend to maintain with the territory, with our family, with public authorities, and with any future partner.
Entre Rios is a private limited company (Ltda.) under Brazilian law, incorporated in the state of Bahia in April 2001 and majority-held by the founding family. This corporate form was chosen deliberately — not by default — and has precise implications for the way we make decisions and engage with third parties.
Being privately held means we have no external shareholders with quarterly return cycles to satisfy. It means our time horizon is not defined by secondary markets. It means we can sustain, over decades, a stable strategic orientation — active stewardship of the territory — without redesigning it with every annual report.
It is a privilege we take on with responsibility. The freedom of private ownership is only justifiable if it is used in favour of the long term. That is what we try to do every day.
Corporate fact sheet.
- Corporate name
- Entre Rios Villas & Resorts Ltda.
- Corporate form
- Private limited liability company (Ltda.), Brazilian law
- Date of incorporation
- April 2001 · state of Bahia, Brazil
- Tax registration
- CNPJ 04.376.016/0001-54
- Principal activity (CNAE)
- Real-estate development (4110-7/00), with forestry management and integrated long-term territorial development planning
- Office
- Rua da Chegada, 9849 · Fazenda Dunas de Sauípe · Subaúma district · Massarandupió · Entre Rios · Bahia · 48.180-000
- Territorial framework
- Municipality of Entre Rios, Bahia · Districts of Subaúma and Massarandupió · Northern Coast Environmental Protection Area (APA do Litoral Norte)
This fact sheet reflects the formal registration of the company. Internal corporate details — quota percentages, individual shareholder identity, asset values — are not subject to public institutional disclosure.
Family, with an internal pact.
Entre Rios is majority-held by the founding family. The corporate structure is organised around an internal family pact that regulates rights, duties and mutual protective mechanisms among shareholders.
The pact provides, among other instruments:
- Tag-along clause. Assurance that, in any hypothetical scenario of a sale of a majority position to third parties, all minority shareholders have the right to sell their positions on the same terms — preventing situations of asymmetry.
- Drag-along clause. A mechanism that allows, under qualified conditions, the joint disposal of capital, preventing minority positions from blocking strategic decisions made by qualified majority — always with equivalent economic protections for all.
- Family governance mechanisms. Internal decision-making procedures, deliberation in collegial bodies, management of potential conflicts of interest, and rules on succession and transfer of quotas.
The single purpose of these rules is to safeguard the continuity of the family project across generations, with equitable protection for all shareholders.
From the first to the second generation.
Throughout 2026, Entre Rios completes the administrative transition from the first to the second generation of the family — a milestone prepared over years, with the calm such processes deserve.
The transition is not only generational — it is also professional. The second generation, now adult, brings academic training and professional experience built across different disciplines: management and corporate strategy, law, engineering, environment, communications, finance. This diversity of competences is a structural advantage — it enables Entre Rios to respond with technical depth to the complex challenges a territory like this entails.
The transition is accompanied by a review of corporate bodies, an update of the family pact where necessary, and the formalisation of operational leadership. The first generation remains in a consultative role, ensuring institutional continuity and the memory of the project.
This page will be updated, in due course, with the new composition of corporate bodies — after formalisation with the Commercial Registry and communication to the company's partners and counterparties.
What guides our decisions.
Entre Rios' governance is structured around three principles — continuity, transparency and prudence — operationalised in concrete practices.
Continuity. Decisions are taken within an intergenerational horizon. We resist pressure for rapid results when it is incompatible with the integrity of the territory. The success of management is measured in decades, not quarters.
Transparency. We fully comply with all legal disclosure and accountability obligations — tax, environmental, corporate. In addition, we maintain open public institutional channels for press, authorities and partners, with a willingness to explain and answer for what we do.
Prudence. Decisions with irreversible effects on the territory are taken slowly, on the basis of robust technical studies, after consultation with all relevant interlocutors. We prefer to take time on a good decision rather than to rush a bad one.
Regulatory framework.
Entre Rios operates in full compliance with the applicable legal regimes — corporate, tax, labour, environmental and regulatory.
We maintain technical relationships with specialist firms in corporate, environmental and real-estate law, and contract accounting and tax audit as required for the type and size of the company.
In environmental matters, the company engages with the competent authorities — INEMA, SEMA, ICMBio and the municipality of Entre Rios — in full respect of formal administrative processes.
In the areas of anti-corruption, anti-competitive practices and personal data protection, the company adopts the applicable Brazilian legal framework (Anti-Corruption Law, General Data Protection Law, among others) and implements internal measures appropriate to its risk profile.
For authorities, regulators and academic partners.
Formal enquiries from public authorities, regulators or institutional partners should be addressed to the institutional channel. We treat each enquiry with the seriousness it deserves.