Starting a business in Brazil is like starting a business anywhere else, in some ways. You need to have a business plan, be well-versed in the laws and taxes that govern that area, as well as considerations for the specific type of business you are going to start up. When it comes to Brazil, in particular, there may be details of which you are unaware, but that need to be addressed.
Even without consideration for tax schedules, the laws that govern the businesses in Brazil need to be fully understood, not just so that you do not do something illegal, but so that you do not end up doing more than you have to in terms of following certain rules and regulations. For instance, what kind of a company do you want to start? Are you planning to have secondary companies, as well? In some cases, it isn’t a good idea to hold all of your activities under one company, because that company can be held liable for the damages of a small portion of the company. If you have several businesses under one company, you could lose everything, if you do not plan correctly.
Starting a business in Brazil also involves dealing with the cash that you bring with you. Whenever you are planning to invest a significant amount of currency in a business in a foreign country, you have to be very careful about how you disperse that money or where you keep it. It’s best to contact professionals who understand these elements, and who can help you get set up in the most efficient manner.