Company registration in Brazil

Name of service Bronze Silver Gold Platinum
Check and reserve of the company name Obtaining approval from the registrar for the company name
Company registration, including state fees Preparation of a full package of documents, depending on the chosen form of ownership, cooperation with the relevant authorities prior to obtaining information on company registration
Legal address for 1 year Provision of legal address for your company in a given jurisdiction, eliminating the need to purchase or rent real estate
Assistance in opening an account Collection, preparation and submission of the necessary documents for opening a corporate account
Services of local director for 1 year Providing a resident director of a given jurisdiction or the EU, which is necessary for registering a company and opening an account at a local bank
Trustee of the shareholder The shareholder may be a non-resident of Brazil, but in this case he must have an official local trustee
Total cost
7900 EUR 10500 EUR 12400 EUR On request
Accounting services
330 EUR 330 EUR 330 EUR 330 EUR
Annual renewal (paid from the second year)
700 EUR 3100 EUR 6900 EUR On request

Deal of the month

If you will register a company until June 30,
opening a bank account is for FREE

6 easy steps to get started
  • 1

    Select your
    preferred jurisdiction

  • 2

    Choose a bank
    that meets your
    company's needs

  • 3

    Pay for our services
    using a convenient
    payment method

  • 4

    Receive all necessary
    corporate documents

  • 5

    Receive details
    for your newly opened
    bank account

  • 6

    We'll deliver the original
    documents directly
    to you

For many entrepreneurs, Brazil appears like an zone, in which it is profitable to run a business, optimizing the tax burden. At the same time, the country's fiscal system is rather complicated. Still, this jurisdiction may be attractive in certain cases. If you preliminary consider it as your target one, it is possible to establish a business presence in these major forms.

Major Forms of Legal and Business Presence

Establishing a business presence in this country can be arranged in one of the next forms where entrepreneurs would not be liable by personal property:

  • Sociedade Anonima – a closed or open-type corporation in which 100% of shareholders can be foreigners (individuals and legal entities). The company can be established by two shareholders, the upper limit is not restricted. The liability of shareholders is limited to a shareholding. The amount of the authorized capital in the legislation is not strictly specified (only for financial and insurance companies), but there is a requirement to pay at least 10% of the capital announced upon registration. Publication of annual financial statements is mandatory.
  • Sociedade por Quotas de Responsabilidade Limitada – a closed-type company that individuals and legal entities can own for 100%. The liability of the company members is limited by their shares. The requirements for payment of the declared capital are similar to those that are applied to Sociedade Anonima. There are no requirements for mandatory appointment of auditors and publication of copies of annual financial statements.

Registration Requirements and Steps

Company incorporation in Brazil preliminary requires passing these registration steps:

  1. Defining your commercial priorities.
  2. Choosing and verifying options for a business name for this future enterprise.
  3. Collecting data about the founders, beneficial owners, and managers of the future company.
  4. Obtaining a work permit and a permanent visa for the directors of companies that do not have Brazilian citizenship.
  5. Arranging the official address for an enterprise.
  6. Drafting the statutory documents for a future corporate entity.
  7. Preparing the set of registration documents:
    • documents certifying the identity of business partners, and statements that testify to representations for legal entities, - certified copies are provided;
    • residency certificates;
    • taxpayer's certificate - for the director and partners (private and legal entities);
    • a power of attorney in the name of the director, on the basis of which he is entrusted with powers, including a representation of the company in the Federal Revenue Department of the Ministry of Finance, the Central Bank of Brazil, the Ministry of Labor;
    • statutory documents for the future enterprise.

    This list can be extended and adjusted in each individual case. All documents are provided in English, notarized, legalized by a diplomatic mission, consulate, or embassy in Brazil.

  8. Submitting the package of required documents to the authorized registrar.
  9. Registration in the register of taxpayers of the jurisdiction, the state register of revenues, and municipal fees.
  10. Assigning CADEMP number from the country's Central Bank (RDE-IED system) and opening a bank account for a Brazilian entity.
  11. Obtaining licenses and special permits (required of certain types of regulatory activities).

The establishment of the company in Brazil is possible without a personal presence. For this purpose, a trusted person is appointed.

Legal and Regulatory Framework

The company's registration in Brazil takes on average from 1 to 3 months. The registered Brazilian enterprise may be used to:

  • provide services;
  • work in industry field;
  • engage in trade;
  • carry out export-import operations.

Some activities require licenses: RADAR (import, export), ANVISA (production and trade of consumer products), CETESB (ecology), and so on.

The major state bodies regulating the operation of local businesses are the National Companies Registry Office, the Federal Revenue Department of the Ministry of Finance, and the Brazilian Securities and Exchange Commission.

Advantages of the Jurisdiction

If you are considering an option of company registration in Brazil, this can be potentially beneficial in view of the advantages this jurisdiction has:

  • easy and straightforward procedure for the entity incorporation;
  • the opportunity of 100% foreign ownership of a Brazilian company;
  • no requirements concerning the minimum statutory capital;
  • zero currency control;
  • double tax treaties with more than 20 countries.

Tax System of Brazil

There are many local taxes to consider while establishing a company in Brazil and working there. Here are the most important highlights of such:

  • Corporate income tax (CIT) rate – 34%
  • Personal income tax rate – 27.5%
  • Value-added tax rate – (a) normal federate VAT rate is between 10% and 15%, (b) state sales and service taxes basically vary between around 18% to 20%
  • Withholding tax (for non-residents) – (i) dividends - 0% (ii) interests - 15% (iii) royalties - 15 %
  • Capital gains tax rates – (i) corporate – 34% for corporate entities (considered as part of basic income and subject to standard CIT rate), (ii) individual – 22.5%

How Prifinance Specialists May Help You

If you intend to establish a company in Brazil, all bureaucratic and organizational arrangements for the preparation and registration of the company can be easily undertaken by experts of Prifinance company. Our specialists are ready to draft all required documents and complete the registration procedure for a Brazilian company. Reach us shortly for more precise discussions and suggestions.

Cooperation

Our clients

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I NI N
10:31 20 Mar 24
Collaborated with the company for 3 years. I can’t say that everything was smooth from the point of view of organizing the work; there was confusion in the structure of the work, etc. But I’ll specifically highlight employee Lyubov Malinowski, she very diligently corrected all errors and was in touch at the right time, her help was significant in all processes and she approached all issues precisely. I would like to separately highlight the moment when she solved the problem at her own expense, which speaks of the person’s professionalism and increased responsibility.
K NK N
11:40 01 Mar 24
As a software development crew at FewMoreTaps OÜ, we've had the pleasure of working with Prifinance on some key financial moves.First of all, navigating the world of corporate banking and finance can be a maze, but Prifinance made it feel like a walk in the park. They helped us set up a corporate bank account without the hassle of jumping on a plane or drowning in paperwork. Everything was done remotely, smoothly and securely.But that's not all. We had a slightly time-sensitive situation when it came to changing the beneficiary details on our account. Prifinance stepped up to the plate and handled everything quickly and professionally.It's not just about getting the job done. It's about how Prifinance does it. They're all about making complex financial matters simple and accessible for companies like ours. Plus, their team, especially Liubov Malinowski, has been nothing short of fantastic to work with - professional, timely and always on the ball.In short, FewMoreTaps OÜ wholeheartedly endorses Prifinance OÜ. Whether it's opening bank accounts remotely or navigating the financial legalities of running an international business, these guys have got your back. A big thank you to the entire Prifinance team for their first class support and expertise.Here's to more collaborations in the future!Best,Kiryl Nest
Mina KedisMina Kedis
18:10 23 Feb 24
I had their assistance in company registration and I would recommend them. They were answering all my clarification during the process and offering all their supportThank you Daniel and Irinia
Róbert KnapecRóbert Knapec
15:08 22 Feb 24
We found PRIFINANCE COMPANYvia the Internet and asked for help in organizing the opening of their company in Estonia. PRIFINANCE COMPANY specialists helped us a lot with this. Their professional, competent approach and knowledge of their business left us with only the best impressions.
Anna AnnaAnna Anna
13:33 07 Feb 24
I'm thrilled with my experience with PriFinance! They helped me obtain a crypto license in Estonia without any hassle. The team was super understanding and always available to answer my questions and assist. It was great to see how they put effort into preparing the documents to ensure everything went smoothly. I'm delighted with the outcome and highly recommend PriFinance to anyone looking to get a license stress-free!
Opening an account with Prifinance in a Swiss bank was such an easy and quick process that I was shocked. It all started with the first call, where I received detailed guidance on the required documents and the entire procedure.One of the key highlights was their attention to detail. As someone who usually gets tangled up in paperwork, I was pleasantly surprised when they sent me all the documents and instructions clearly and neatly. No misunderstandings!Honestly, I expected opening a Swiss bank account to be complex and time-consuming, but thanks to Prifinance, I felt like a professional financial expert. Thank you for making this process so easy and enjoyable!
Maria Jose SantomeMaria Jose Santome
20:39 13 Dec 23
I recently had the pleasure of working with Boris.. and I must say, it was a fantastic experience. Boris went above and beyond to assist me with my residency needs. His professionalism, knowledge, and dedication truly stood out. I highly recommend working with Boris and the team!
Valon StatovciValon Statovci
12:43 27 Nov 23
I used Prifinance to help me with a new corporate structure. The team were helpful and communicated well from the initial onboarding with Daniel to case handling by Karmen. They also responded to additional requests post incorporation very quickly, Thank you and would work with them again
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