Investing in Brazil

Our team of lawyers and specialized consultants advises expatriates and foreigners with all the necessary support to make investments in Brazil, whether real estate or business investment, considering the options that best suits the client’s needs and, if applicable, grants a visa or residency in the country.

Real Estate Investment

Real Estate consultancy in Brazil ranges from the negotiation, contracting, payment and registration of local real estate to relevant legal measures, through a law firm regularly registered with the Brazilian Bar Association.

Starting a Business in Brazil

Personae Business Intelligent has designed a unique portfolio of services to assist clients starting a business in Brazil and delivering solutions from the decision regarding they type of business entity to be established in Brazil up to the start the operations (“turn key”).

This assistance is intended for Clients to establish a business presence in Brazil quickly and get started in a compliant way.

More than 80% of companies in Brazil, especially small and medium size business, are established as Limited Liability Company (LTDA equivalent to LLC), which holds limited liability responsibility and represents a more flexible, fast and simple organization.

Our team can assist the client in every phase of incorporation of a company in Brazil, acting as attorney-in-fact for foreign investors and non-resident Board members or managers/directors of Brazilian companies.

In compliance with local laws, before the incorporation of a company, the foreign shareholders have to indicate an attorney-in-fact or legal representative, with powers to receive summons, instructions, and subpoenas from courts and/or tax tribunals.

Fiscal and commercial address

Our team has developed strategies and solutions to deal with the establishment of virtual or fiscal addresses to be used by foreigners when setting up a company in Brazil, aiming to speed up the process and the start of the business.

Trade boards and Public Records

Our team may develop customized articles of association. In this document the local or foreign shareholders shall indicate the company’s name, the corporate purpose, the headquarter address, the share capital, administration, directors, corporate governance, among others.

We will also file acts, records and corporate books of all Trade Boards and Notaries and take care about the enrollment with Government bodies and register before the Brazil Central Bank.

Trade boards and Public Records

We will also file acts, records and corporate books of all Trade Boards and Notaries and take care about the enrollment with Government bodies and register before the Brazil Central Bank.

Register and other obligations before the Central Bank of Brazil

To invest or loan money to Brazilian assets, the foreigner shareholder shall get registered before the Brazilian Central Bank system, which will allow the inbound of foreign capital, being considered long term capital and/or foreign loan.

The local laws grant equal treatment to the foreign capital in Brazil and sets deadlines for the submission of the statement on the foreign capital invested to the Central Bank of Brazil.

The registration of the foreign capital with the Electronic Declaratory Register (RDE) allows the return of the invested capital overseas in a fast way and with no need for prior authorization.

Register in SISBACEN (IED and ROF) to enable the inbound or outbound of external resources from/to foreign countries, such as: investment and loans with foreign companies, profit remittances, return of capital, among others.

Once properly registered before the Central Bank, the Brazilian company should be able to sign exchange agreements and the receive remittances at its bank account in Brazil.

Accounting and Human Resources Services

After the turn-key, accounting and human resources services must be set up; such areas are fundamental for taxing purposes according to labor and social security laws. Legal and consultancy firms in Brazil do not typically provide accounting or payroll. However, we closely work with third parties that provide such services. Often, it involves employers establishing a co-employment relationship with the payroll service company. Read more in Legal Advisory and Global Mobility Business Partner.