Phone: +44 20 3807 0556
Email: info@mevconsultants.com
Email: info@mevconsultants.com
Register a company in Brazil
Company incorporation, bank accounts, accounting services in Brazil
Registration packages
Services
Essential
Standard
Premium
Company registration (Ltda.)
Annual registered address
Notary services and company seal
Corporate bank account
Accounting services
Start your company in Brazil
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How you can register a company in Brazil with us
Submit shareholder and director information to our firm with a signed power of attorney
Settle a payment for registration and banking assistance
Receive corporate documentation of the registered company and access to the corporate bank account of your company
Key details about Brazil
Brazil is located in South America and borders Argentina, Bolivia, Colombia, French Guiana, Guyana, Paraguay, Peru, Suriname and Uruguay. The capital city of Brazil is Brazilia, the largest city and the location of key government institutions.. The territory of Brazil amounts to 8,515,770 square kilometers. Brazil has access to the Atlantic Ocean. Brazil has a population of 212.6 million people.
Corporate taxation, VAT taxation, Personal taxation
- Corporate income tax - 15%, additional tax rate of 10% applies to the annual income that exceeds BRL 240,000. Also, a social contribution tax of 9% applies to the total income
- Dividend withholding tax - 0%
- Interest withholding tax - 15%
- Royalties withholding tax - 15%, additional tax CIDE rate of 10% of applies
- Capital gains tax - from 15 to 25%
- VAT - from 0% to 35%
- Personal income tax - from 0% up to 27.5%.
The following are the most common types of companies to incorporate a company in Brazil as:
- Limited liability company (Sociedade de responsabilidade limitada - Ltda.)
- Public limited company (Sociedad Anônima - S.A.).
- General partnership (Sociedade em Nome Coletivo - S.N.C.)
- Limited partnership (Sociedade em Nome Coletivo - S.N.C.)
- Partnership limited by shares (Sociedade em Comandita por Ações - S.C.A.)
- Branch office (Sucursal)
- Individuals or legal entities that are intending to register a company in Brazil can either be resident or non-resident in Brazil.
- A resident or a non-resident individual can be a company director in Brazil. It is, however, required to set up a company in Brazil with 1 resident legal representative and at least 1 resident director.
- At least 1 shareholder is required in order to register a company in Brazil if such company is incorporated as a Ltda. (a limited liability company). An individual shareholder can simultaneously become a director of this company.
- It is necessary to receive a personal tax ID in Brazil for every foreign shareholder and director in order to incorporate a company in Brazil.
- It is not required to create substance (resident employees, office space) in Brazil in order to establish a company in Brazil or to conduct business in the country.
- No minimum share capital is established to start a company in Brazil as a Ltda. (a limited liability company). It is recommended to have a share capital equal to USD 1,000 to do business with local companies in Brazil.
- SRL registration takes 20-25 business days with the bank account taking up to 15-20 business days.
- Details of company founders, shareholders and directors after company registration in Brazil is complete is publicly available in the state corporate register.
- With our service you can register a company and open a corporate bank account in Brazil completely remotely upon a power of attorney.
Official currency of Brazil is Brazilian real (BRL).
GDP of Brazil currently amounts to more than USD 1.445 trillion. In 2018 the growth of the state GDP amounted to around 1,78%.
Service industry is the largest part of the GDP of Brazil. Primary types of services are wholesale and retail trade, transport services, financial services, professional services.
Agriculture amounts to 17.5% of the GDP. Brazil is the largest producer of sugarcane, coffee, soy beans, corn, cotton, cocoa, tabacco, eucalyptus fiber, as well as the largest supplier of tropical fuit in the world. The industrial sector of Brazil amounts to 28.5% of the GDP and includes the production of aircrafts, cars and car parts, machinery, textiles, shoes and cement.
Brazil ranks 25th in the world in terms of export, in 2021 Brazil's export amounted to USD 280.4 billion, import amounted to USD 219.4 billion. Primary exported goods were iron ore, oil, petroleum, soy products, meat, cellulose.
Primary trading partners of Brazil are China, USA, Argentina, Netherlands, Chile, Mexico, Germany, Japan, Portugal and Spain.
GDP of Brazil currently amounts to more than USD 1.445 trillion. In 2018 the growth of the state GDP amounted to around 1,78%.
Service industry is the largest part of the GDP of Brazil. Primary types of services are wholesale and retail trade, transport services, financial services, professional services.
Agriculture amounts to 17.5% of the GDP. Brazil is the largest producer of sugarcane, coffee, soy beans, corn, cotton, cocoa, tabacco, eucalyptus fiber, as well as the largest supplier of tropical fuit in the world. The industrial sector of Brazil amounts to 28.5% of the GDP and includes the production of aircrafts, cars and car parts, machinery, textiles, shoes and cement.
Brazil ranks 25th in the world in terms of export, in 2021 Brazil's export amounted to USD 280.4 billion, import amounted to USD 219.4 billion. Primary exported goods were iron ore, oil, petroleum, soy products, meat, cellulose.
Primary trading partners of Brazil are China, USA, Argentina, Netherlands, Chile, Mexico, Germany, Japan, Portugal and Spain.
Foreign entrepreneurs expand to Brazil and seek to incorporate a company in Brazil in order to conduct business in the following sectors:
- car industry
- renewable energy
- oil extraction
- gas extraction
- transport infrastructure.
Benefits of registering a company in Brazil
Business climate
- Brazil is the 8th largest economy in the world according to GDP
- Brazil is a member of the MERCOSUR agreement with Argentina, Paraguay and Uruguay which established a free market between these states. This free market provides multiple benefits to companies registered in Brazil
- Geographic location of Brazil allows to establish maritime trade with North, Central and South American states, EU states, as well as with Asian states, Australia and New Zealand
- Large and highly developed consumer market
- Well-developed infrastructure
- Political and financial stability
- Comprehensive personal security
- Investment protection
Tax incentives
- Dividend withholding tax rate is 0%
- Free trade zones that provide corporate tax incentives
- Double tax treaties with several jurisdictions
Ease of doing business
- Both the company and the bank account can be opened completely remotely
- No minimum share capital requirement for a Ltda. in Brazil
Register your company in Brazil
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