Investment in Brazil

Last updated 14 July 2020
Investment in Brazil

What Encourages Investors to Start Their Business in Brazil?

  • Brazil’s economy is the sixth largest in the world, along with Italy, France and United Kingdom.
  • Brazil’s technology and information systems are the most developed among the South American countries.
  • Brazil has developed its efficiency in producing diesel and ethanol, the thing that strengthens its economy.
  • Brazil has a solid infrastructure that helps strengthen its other trade ties. It has 67 airports and 46 ports.
  • Brazil is the largest exporter of coffee, sugar cane, iron ore and ethanol.

Also read: A Simplified Definition of Commercial Law

What are the Procedures for Establishing a Company in Brazil?

  • Choosing a company name and preserving it.
  • Choosing a headquarters.
  • Applying to register with the Federal Tax Agency.
  • Paying the incorporation fee.
  • Registering in the city’s commercial registry.
  • Registering with social security.
  • Registering in the municipality’s taxpayer registry.
  • Obtaining a digital certificate to use electronic invoices.
  • Obtaining a business license.
  • Paying the fees to the municipality to inspect and check the facilities.
  • Notifying the Ministry of Labor.
  • Registering with the employers syndicate and the workers syndicate.

Also read: The Importance of Having a Commercial Lawyer Before Starting Your Investment

Types of Companies in Brazil

  • Limited liability company.
  • Limited liability corporation.
  • Partnership.
  • Union of multiple companies.
  • One-person limited liability company.
  • Branch of a foreign company.

Also read: The Most Important Branches of Commercial Law

اقراء المقالة باللغة اخرى : العربية

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