The historically complex process of opening a business in Brazil has undergone significant changes. Simplification measures have been adopted with the aim of making the procedure more accessible, providing a friendlier environment for foreign investors.
The legal representation of a foreign member of the Board of Directors in a Brazilian Limited Liability Corporation is an essential process. The foreign board member, who is an individual of foreign nationality, becomes part of the company as a board member. However, due to their foreign nationality, they require a legal representative to sign board meeting minutes on their behalf.
Insurance is something we already know; it protects us against certain risks. But what about reinsurance, is it a new term for you? Let’s clarify it below.
A reinsurer is a company that assumes part of the risks covered by an insurer. This means that it acts as a financial support for insurers, helping them to deal with increasingly complex risks and react quickly to problems.
Internationalization of companies: know the differences between branch office, subsidiary, and Foreign-Owned Company
The internationalization process of a company may involve the creation of subsidiaries or branches as a strategy to establish a presence in foreign markets. The choice will depend on the company's business strategy, considering factors such as available resources, the risks involved, and the characteristics of the target market.
According to the Confidence Index for Foreign Direct Investment, from international consultancy Kearney, Brazil ranks seventh among the emerging countries most sought after by foreign investors. The study analyzed the performance of 25 nations, and Brazil was ranked below China, India, United Arab Emirates, Qatar, Thailand, and Saudi Arabia.
Opening a company abroad is a project that cannot be improvised.
In countries with certain particularities, such as Brazil, with a complex fiscal scenario and intricate political situation, understanding the aspects that end up impacting the success of a business is useful.
. If it is true that the country offers opportunities to those who know how to use them,
it is equally true that it rewards those who overcome the challenges of opening their company here.
The new legal framework for foreign exchange is already in effect. Law Nº 14,286/ 2021 regulates the Brazilian exchange market, Brazilian capital abroad, foreign capital in the country, and the provision of information to the Central Bank of Brazil (BC). The rules have been in effect since December 31, 2022.
Just like opening a company, closing it is also a bureaucratic process.
After the “funding winter for startups”, the sun will shine again.
O Brasil é considerado a principal potência econômica e política da América do Sul. Em 2019, registrou um PIB de US$1,878 trilhão, com uma Renda Nacional Bruta (RNB) de US$9.130.