As with other countries Brazil has rules and regulations for businesses. To efficiently and legally get your business in Brazil started you will have to take care of company formation. There are several steps involved in this process including:
- Choosing the Proper Company Form
- Registration and Incorporation Policies
- Tax Registration at various Federal, State and Municipal levels
- Bank Registration
- Secondary Company Registration
While this may all seem very complicated, if you familiarize yourself with the steps and hire the appropriate business counsel and accountants you should have no problem getting your business in Brazil up and running in no time.
Yes, there are several steps that you must take, and essentially hoops that you must jump through in order to get your business started on the right foot. But it is worth the time to do things properly rather than haphazardly. When you don’t do things by the book you are looking at the possibility of fines, fees, penalties and even losing your business. As with any country you must operate within the legal guidelines to operate a business. We can help you navigate these confusing rules of starting a business in Brazil with ease.