For investors who incorporate a company in Brazil they will find that Brazil is an ideal gateway to engage in the emerging markets in Latin America. The following information will help you determine whether the decision to incorporate a company in Brazil is the optimum corporate vehicle for your business. |
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Advantages for Investors who Incorporate a Company in Brazil |
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Brazil has a relatively low corporate tax rate of 15%, however an additional 10% tax is levied on annual profits above US$142,000. There is also a 9% social contribution tax on net profits.
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There are no capital requirements to set up a private limited company.
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A Brazil company requires two directors, neither requiring to be Brazilian citizens nor even live in Brazil.
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The partners of a company can be individuals or corporations.
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It is possible to open corporate bank accounts for a Brazilian company. Internationally recognised banks including HSBC, DBS and Standard Chartered, are often used by Healy Consultants to provide corporate bank account services.
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Brazil has signed double taxation treaties with several key trading partners around the world. See a list of countries whom Brazil have signed such treaties with.
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Disadvantages for Investors who Incorporate a Company in Brazil |
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Setting up a Brazilian company can be a time-consuming and complicated process.
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The Brazilian economy is undergoing a period of structural economic reform and has suffered from economic instability in the past.
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Capital gains are taxed as profit.
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Uses of Brazil Company for Investors who Incorporate a Company in Brazil |
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To conduct business in the emerging, growing economies of Latin America.
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Other Information Refer to the following links for more information on Brazil company formation: |
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Contact Us For more information on Brazil company formation, email email@healyconsultants.com or telephone us at (+65) 6735 0120. Back to Brazil Company Formation page. |
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