As the fifth largest country in the world, Brazil has 2.83% of the entire world’s population and it is the largest economy in Latin America. There are several reasons why Brazil is an attractive state for investors.
Foreign entrepreneurs who are looking to expand their business presence by setting up a company in Brazil are confronted with different legal questions. In this article, our company formation consultants in Brazil answer a few of these most frequently asked questions.
When a foreign company chooses to set up a branch in Brazil, the branch is governed by the Brazilian legislation. The establishment of a branch in this country necessitates an authorization issued by ministerial ordinance, which is a complex procedure.
Foreign companies can set up a presence in the country by establishing a subsidiary in Brazil. Subsidiaries, which are Brazilian legal entities opened according to the domestic legislation, constitute a more straightforward option, rather than setting up a branch here.
Since the economy of Brazil increased greatly in the last years, the demand for Brazilian corporate bank accounts has risen, as well. As follows, our company formation consultants in Brazil explain how to set up a corporate bank account in Brazil.
Registering a limited liability company in Brazil is an easy process which can be entirely explained to both local or foreign entrepreneurs by our team of company formation agents in Brazil.
Limited liability company, anonymous company, partnership and branch are among important entities available for registration in Brazil. Our specialists in company formation in Brazil can provide complete assistance in preparing the documents.
The Board of Trade (Junta Comercial) or the Registry of Civil Companies in Brazil are two institutions in charge of registering the companies in the country, whether local or established by foreign entrepreneurs.
When interested in implementing the activities on the market in Brazil, an investor can register a company or buy a ready-made corporation, also known as a shelf company.
Setting up a business in Brazil may be subject to a virtual office at the beginning. There are numerous business solutions our team can offer, and for a better understanding of how a virtual office works, our company formation specialists in Brazil can offer support.