We assist global clients looking to do doing business in Brazil with the A to Z of business setup without the need for the client to travel to Brazil. Some of our services include:
Regulatory licenses across all sectors
Provision of nominee directors and shareholders
Recruitment and employee hiring
Virtual/Physical Office space solutions
Employment and residency visas
The most common corporate structures preferred by foreign investors setting up in Brazil include i) Sociedade Anônima (S.A.) a corporation and ii) Sociedade Limitada (Ltda.) a limited liability company. See detailed comparison below:
Advantages and disadvantages of setting up business in Brazil:
- Large consumer market. Brazil has a large and diverse consumer market presenting different types of opportunities in business investment
- International trade access to the rest of the Americas.
- Desirable geographic conditions.
- Openness to foreign investment. Brazil offers 100% foreign ownership and companies are able to sponsor the visas of foreign employees.
- Great infrastructure for doing business. Brazil has large and developed roads and has various different railway systems for land transportation.it is also highly developed in marine transportation
- High costs of production (wages, credit, energy and logistics)
- High level of regulatory risk (high taxation and heavy fiscal system)
- High exposure to changes in commodity prices on international markets
- Shortage of qualified labour
Important links:
- Board of trade
- Federal Revenue Bureau
Company incorporation steps in Brazil:
- Name Reservation: Girimba Consulting reserves a unique company name through the Board of trade.
- Documents Preparation: Our Team prepares the incorporation documents and emails our client for signatures and email return.
- Certificate of Incorporation: Our Team submits an application for company registration with the Board of Trade and obtain a certificate of incorporation.
- Applying for other trade or business license: Depending on the company venture, our team shall assist you in obtaining all requisite business specific licenses.
- Applying for personal identification number. If the director is a foreigner our team will register for tax identification number with the Brazilian Federal Revenue’s taxpayers’ registry (CNPJ)
- Corporate tax registering. Our team will register the company with the Federal Revenue Bureau and the municipal authority for corporate tax number.
- Bank Account Opening: Girimba Consulting also assists our client to open a local corporate bank account with a top tier bank in Brazil.
- Financial Reporting Obligations: Our dedicated Team will continue to serve you to ensure that all your annual return filing obligations are taken care of.
Clarence S. Carlos
Regional Cordinator
Clarence is our regional cordinator and head of business setup secretariat.
Clarence S. Carlos
Regional Cordinator
A small river named Duden flows by their place and supplies it with the necessary
- Phone:+254-789612045
- Email:carlos@girimbaconsulting.co.ke