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.
Brazil and India are two of the main emerging countries in the world, also they are part of a economic group called BRICS. Studies show that until 2050, these two countries will be in the top 5 biggest economies of the world. While benchmarking the average salaries in India and Brazil, it is noticeable that there is a great difference between the amount of remuneration in any kind of job position. Check Below some comparisons between the 10 main jobs in Brazil and India.
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.
The “Reforma Trabalhista”, or labor reform, is currently a very widely talked about subject in Brazil. This act plans to change some terms of the CLT (labor law). Labor law in Brazil has never been updated ever since its creation in 1943.