Doing business in Brazil

How quickly can I set up a business?
What is the minimum investment needed?
How can I raise finance?
What are the legal requirements for setting up my business?
What structure should I consider?
What advice can you give me in regards to payroll and taxation requirements?
Is there anything else that I should know?

How quickly can I set up a business?

45 days.

What is the minimum investment needed?

BRL 5.000

How can I raise finance?

You need a business plan and a local legal representative. 100% of the investment can be financed.

What are the legal requirements for setting up my business?

You need at least one local person to be legal representative and a physical address.

What structure should I consider?

At least one person.

What advice can you give me in regards to payroll and taxation requirements?

We recommend setting up a company in big cities like São Paulo or Rio de Janeiro or, if you will import products, near a harbour like Santa Catarina. Usually for each BRL 1 as salary you spend more BRL 1 as taxes, insurance, etc.

Is there anything else that I should know?

Brazil is growing a lot this year, also the high exchange rate helps companies in Brazil that become cheaper compared to other countries. We recommend companies to invest in Brazil.