Having a representative office in Brazil is a solution for international businessmen looking forward to doing business abroad. Unlike a limited liability entity, it allows you to avoid spending on capital since there is no investment capital requirement. Hiring a local sales Representative in Brazil also helps you to avoid wasting your time since it allows you to experiment in the market until you decide to establish a company.
When you are not familiar with the process of opening a business in Brazil, you might be faced with several steps and processes that can seem confusing, lengthy and nearly impossible to unravel at first. Therefore, in order to better help you understand and navigate this process, we have summarized the most important aspects of opening a business in Brazil into a short step-by-step guide, listing best practices for investors wishing to settle in Brazil.
In Brazil, there are three types of company structure: Ltda (limited company), EIRELI (Limited liability company) and S/A (anonymous society). Therefore is very important to you understand the differences and similarities between them in order to incorporate your business in the best structure, check this article and avoid problems in the near future.
Launching your business in another country: A comparison between Brazil and Russia company formation procedures
When talking about company formation in Switzerland, there are 2 different types of companies: The Public Limited Company (PLC) and Private Limited Company (LTD), with that is for most of us the same as LLCs. In general comparison, PLC and LTD have differences on minimal and maximum amounts of invested capital and shareholding percentage. Check in this article more details about it.