Cost of registration | The cost of the second year | Number of Directors | Corporate tax rates | Payment of Charter Capital | Financial statements |
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4875.00 USD | 2550.00 USD | 1 | 15.00% | 0.00 | Yes |
Brazil, officially known as the Federal Republic of Brazil. The capital city of Brazil is Brasilia. It is the only Portuguese speaking country on the American continent. It is bordered by the Atlantic Ocean (east), Paraguay and Argentina (southwest), French Guiana, Suriname, Guyana, Venezuela (north), Colombia (northwest), Peru and Bolivia (west) and Uruguay (south). The official currency of Brazil is the Brazilian Real (BRL) with Portuguese as its official language. The government of Brazil is the Federal presidential constitutional republic. The population of Brazil is over 210 million people. Brazil is a member of the United Nation, G20, Organization of American States, Union of South American Nations and many more. The authority responsible for registration and incorporation of companies in Brazil include the Commercial Registry of Brazil. Benefits of Company Formation in Brazil
Business in Brazil: Taxes
Business in Brazil: Types of Companies
Note that the registration of a foreign Company requires authorization from the Brazilian Ministry of Development, Industry and Foreign Trade (National Department of Trade Registration) because of the formalities and tax matters applicable to foreign company registration, Law&Trust provides a subsidiary company registered in another jurisdiction to kick start your business in Brazil. Bookkeeping in Brazil
Company Formation Requirements
All foreign documents must be notarized and legalized by the consulate or embassy in Brazil. The documentation should also be translated into Portuguese by an in-house translator, this does not necessarily rule out the services of a private translator. How to Register a Company in Brazil: The Registration ProcessStep 1. Law and Trust works with the client to get the company’s name and activity approval from the Brazilian Commercial Registry; Step 2. Law and Trust works with the client to secure the Memorandum of Association (MOA); Step 3. Law and Trust collects, prepares and files the necessary incorporation documents on behalf of the client to the relevant authorities for approval, which will involve:
These processes stated above are necessary as certain instances may arise when the company is registered with the assistance of foreign capital or financial resources, this kind of investment must be properly accounted for in the Central Bank of Brazil. This is aimed at the allocation of dividends, capital repatriation, transfer of property, etc. This registration is carried out through the electronic system of the Central Bank of Brazil (SISBACEN) and the corresponding registration number RDE-IED will be recording all further operations associated with each partner's investment in the company. Step 4. Law and Trust works with the client to open a corporate bank account in Brazil; Step 5. Law and Trust deliver the certificate of incorporation personally to the client or via courier service.
Brazil Company Formation FAQsHow much does it cost to register a company in Brazil? The cost of registering a company is US$4875. the total cost includes the preparation of legal documents, company registration, payment of all taxes and fees at the time of registration and legal address for the company (a year). How long does it take to register a company in Brazil? It takes from 8 weeks to complete the company registration process in Brazil. What is the most incorporated company type in Brazil? The Sociedade Limitada (LTDA) is the most common type of company incorporated in the Federal Republic of Brazil. Do I need a local registered agent to register a company in Brazil? No, a local registered agent is not needed to complete the company registration process in Brazil. Do I require a license to run a business or company in Brazil? Yes, a license is required to run a business in Brazil but it comes down your company intends to run in this jurisdiction. Why Incorporate with Law&Trust International?Benefits of company registration, formation, and incorporation services with Law&Trust International in Brazil include: Full range of related services: Provision of a full range of legal, corporate, government, and business intelligence related services in Brazil. A detailed overview of our services includes full legal support of the company registration procedure, obtaining a legal address, interaction with the official government authorities of the jurisdiction, state fees, legal address of the company for a year, production and registration of company stamps and advising the client as part of the registration process. Opening a bank account and the cost of these services are discussed during the consultation. Professionals and expertise of Law: Worldwide registration and legal maintenance of companies, accounting services, and audit, tax planning and optimization, trademark and patent registration. Law and Trust provide clients with the best company incorporation services. Domestic service: Law&Trust ensure our services cover every region, area or state in Brazil. Be rest assured that no matter where the new company intends to incorporate in Brazil, we’ve got the location covered. Free initial advice: Free consultation from the lawyers of Law&Trust International regarding strategies or the provision of services for analyzing and developing a legal position on an issue the client raises in Brazil. Confidentiality: Law&Trust makes use of modern technological features to keep the records and details of every client safe. Efficiency and productivity: Strategically providing up to date personalized services to help your business succeed. Ready for Company Incorporation?If you are interested in registering and incorporating a company in Brazil, contact Law & Trust International by simply sending an email or call now to take your business to the next level! |
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Square | 8 514 880.00 |
Population | 205 717 000.00 |
Unemployment | 17.80 |
Telephone code | 55 |
Place in the world in corruption | 73 |
location | Eastern South America, bordering the Atlantic Ocean |
Climate | Mostly tropical, but temperate in south; avg. maximum temperature (January) +26°; avg. minimum temperature (August) +17° |
Literacy rate | 88.60% |
USD exchange rate | 1.82 |
GDP per capita | 101 |
Credit rating | BBB- |
The judiciary | Higher judiciary: The Federal Supreme Court of Brazil, the Supreme Court of Justice. Regional, federal judges, federal judges, the Supreme Court on labor issues, the Supreme Electoral Tribunal, the Supreme Military Tribunal, general and special courts |
Executive authority | Head of government: President, Vice-President. Government: Cabinet appointed by the president |
Legislative authorities | bicameral National Congress: Federal Senate (81 seats), the Chamber of Deputies (513 seats) |
Opportunity to purchase ready-made companies | No |
The use of the Cyrillic alphabet in the name | No |
Local registered office | No |
Organizational and Legal Forms | Limited liability company, joint stock company, branch of a foreign entity |
Indication of BPA in the name | ltda |
Local registered agent | No |
Bearer shares | No |
Possibility to issue shares without par value | No |
VAT | No |
Basic corporate tax rate | 15.00% |
Capital gains tax | No |
Currency control | No |
Corporate tax rates details | 15% (however, in the amount of premium taxes and deductions from net profit for social insurance rate is 34%) |
Stamp duty | No |
Minimum number of directors | 1 |
The requirement for residency directors | Yes |
Director of legal entities are allowed | No |
The data reveals to the local agent | Yes |
Data field to the public registry | Yes |
The requirement for the presence of the Secretary | No |
Requirement to the residense of the Secretary | No |
Requirements to qualification of the Secretary | No |
Legal entity as the Secretary | No |
Minimum number of shareholders | 2 |
Data is entered in the public register | Yes |
Shareholders residency requirement | No |
Information about the beneficiary is disclosed | Yes |
Information may be disclosed to the local agent | Yes |
Shareholders-legal entities are acceptable | Yes |
The requirement for filing reports | Yes |
Open access to reports | No |
Statutory audit | No |
The requirement for filing Annual Return | No |
Open access to the Annual Return | No |
The requirement for reports | Yes |
Treaty on avoidance of double taxation (States which signed) | 24 |
Membership in the OECD | No |
Is it offshore according to Russian legislation | No |
TM Comprehensive Study | TM Registration Request | TM Registration Certificate | Total | ||||
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First Class | Additional Class | First Class | Additional Class | First Class | Additional Class | First Class | Additional Class |
90.00 | 72.00 | 580.50 | 580.50 | 670.50 | 670.50 | 0.00 USD | 0.00 USD |
«TRADEMARK» refers to «Wordmark» or «Logo» | |||||||
157.50 | 108.00 | 580.50 | 580.50 | 670.50 | 670.50 | 0.00 USD | 0.00 USD |
«TRADEMARK» refers to «Wordmark+ Logo» | |||||||
Prices include all professional and official fees. If the change of official duties or exchange rates prices may vary. In Brazil, the Trademark Registration Request prices consider using a description identical to the Nice Classification System; if the items are not identical, and a different description is used, an additional fee of USD 60 will apply. |