Brazil Company Formation

Open company in:

  • [en]
  • [ro]
  • [fr]
  • [es]
  • [it]

Brazil

Company Formation and Related Services

Newsletter

News

Buying a European shelf company with VAT number

Whenever you need to start doing business immediately in a European country and you need a company with a VAT number, you don’t have to wait for the bureaucratic procedures.

read more

Partner Law Firms

We encourage you to contact our partner law firms in Bucharest: Rolegal and E&C, both part of our legal network.

read more

Tax Minimization Structures

BridgeWest is specialized in special corporate structures designed for tax minimization. No matter where you want to incorporate your company, you will need to consider how you can legally minimize costs.

read more

Company Formation in Brazil

Brazil has had a growing economy over the last years and it is situated ninth in the world, having the largest economy in Latin America. Thus, many foreign entrepreneurs choose to open a company in Brazil

Business setup types in Brazil

When wanting to invest in a foreign country, you need to go through the types of business entities first and choose the best one for you. When it comes to entering the Brazilian market, we can talk about two options: directly, by opening a new company or establishing a branch office or subsidiary, or through third parties.

The company types in Brazil are as follows: the non-profit company, the general, the limited or the  overt/convert partnership, the limited partnership by shares, the corporation or the limited liability company. However, the type that is usually preferred by foreign investors is the latter, the LLC.

When you want to set up a company in Brazil, you have to meet some requirements. These are the demands for the limited liability company:

- a minimum of two shareholders,

- at least one director (the nationality is not important),

- appointing a legal representative for the company, 

- a minimum share capital of only 1$.

One of the advantages with forming a LLC in Brazil is that this legal entity can pursue any type of business activities. The whole process of company incorporation should take a couple of weeks. Our specialists can assist you with the procedures so as to be completed in the shortest amount of time.

How to register a company in Brazil

1. The first thing you have to do is to choose a suitable name for your company and then check it with JUCESP (Junta Comercial do Estado de São Paulo).

2. Then you have to pay a registration fee and receive a receipt that you will use later on.

3. You also need to register with the Municipal Taxpayers' Registry in São Paulo.

4. Register with the State Board of Commerce in order to get the Identification Number, with the Secretary of Federal Revenue for tax registration, with the State Department of Finance, Social Security Institute and finally with the Patronal Union and the Employees Union.

5. Obtain digital certification to be able to use the electronic billing (e-invoice).

6. You also need an operations permit and in order to acquire it you have to apply to the municipality.

7. Last, you need to register and pay TFE (Taxa de Fiscalização de Estabelecimentos) with the Municipal Taxpayer's Registry.

For more information about how to open a company in Brazil, please contact our specialists. They can assist you in the process of company registration in Brazil, as well as in other countries of the world; assistance will be provided no matter the type of business entity you want to set up.

Open Business in Brazil
We guarantee a cost-efficient solution for full company setup, bank account and VAT registration

Meet us in Brazil

Call us now at +44 203 287 0408