Brazil's Tax and Trade Policies under the Rousseff - Brazil-US ...

Establishing a company in Brazil• To establish a company in Brazil is necessary:• Select at least two partners, both can be foreigners;• Select an address - some companies lease addresses to pre-operating companies;• Select an officer: (i) one officer for the limited; (ii) for corporations, there must be two officers; (iii)in both cases, officers must be resident in Brazil;• Register the article of association/ corporate bylaws on the commercial registry of the State of thecompany's headquarters;• Incorporating a company in Brazil lasts approximately 20 days after received notorized andlegalized foreign documents. Operating license may take more time depending on the activity;• Register before BACEN of the capital remitted to Brazil as equity or debt.