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Official name:  The Federative Republic of Brazil



Real (BRL)

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  • Helping to prepare your documents
  • Start to finish your company registration process
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History: Brazil’s history is a captivating narrative of diverse cultures, indigenous peoples, colonization, and the quest for independence. Portuguese explorers, led by Pedro Álvares Cabral, arrived on Brazil’s shores in 1500, marking the beginning of European colonization. Over the centuries, Brazil’s rich land attracted settlers from Portugal, Africa, and other parts of the world, resulting in a vibrant mix of cultures.

In 1822, Brazil declared independence from Portugal, establishing the Empire of Brazil with Dom Pedro I as its first emperor. The country abolished slavery in 1888, becoming the last nation in the Western Hemisphere to do so. Brazil’s transition to a republic in 1889 marked a pivotal moment in its history.

Culture: Brazil’s culture is a colorful mosaic, deeply influenced by its diverse heritage. It is celebrated worldwide for its music, dance, and festivals. Samba, bossa nova, and forró are some of the music genres that have made Brazil famous. The annual Carnival in Rio de Janeiro is one of the world’s largest and most exuberant celebrations, featuring elaborate parades and vibrant costumes.

Brazilian cuisine is equally diverse, with dishes like feijoada (a black bean stew), acarajé (deep-fried balls of black-eyed pea dough), and churrasco (barbecue) reflecting regional flavors. The Amazon Rainforest, home to numerous indigenous cultures, is a testament to Brazil’s cultural and ecological diversity.

Economy: Brazil possesses a vast and diverse economy, driven by agriculture, mining, manufacturing, and services. It is one of the world’s largest producers and exporters of agricultural products, including coffee, soybeans, and sugarcane. Additionally, Brazil has significant mineral resources, such as iron ore and bauxite.

The country’s services sector is substantial, encompassing finance, tourism, and technology. Brazil’s dynamic economy also faces challenges, including income inequality and fiscal issues.

Politics: Brazil’s political landscape has seen its share of complexity and change. The country transitioned from a military dictatorship to a democratic republic in the late 20th century. The Constitution of 1988 established Brazil as a federal republic with a multi-party system.

Brazil’s politics have been marked by periods of stability and turmoil, with issues like corruption, economic crises, and social inequality shaping its political discourse. The country’s president is both the head of state and government, elected through a popular vote.

Modern Challenges: Brazil faces contemporary challenges, including deforestation in the Amazon Rainforest, urbanization, crime, and poverty. Political polarization has also been a prominent feature of recent years.


Types of Companies in Brazil


Sociedade Anônima (S.A.):

    • Sociedade Anônima is equivalent to a public limited company in other countries.
    • It requires a minimum of two shareholders.
    • Shareholders have limited liability, and shares can be publicly traded.
    • S.A. companies are suitable for larger businesses with multiple shareholders.

Sociedade de Responsabilidade Limitada (Ltda.):

    • Sociedade de Responsabilidade Limitada is equivalent to a limited liability company (LLC) in other countries.
    • It can have one or more members (owners).
    • Members have limited liability, meaning their personal assets are generally protected from the company’s debts.
    • It’s a popular choice for small and medium-sized enterprises (SMEs).

Empresa Individual de Responsabilidade Limitada (EIRELI):

    • EIRELI is a type of single-member limited liability company.
    • It allows an individual to establish a company with limited liability, separating personal assets from business assets.
    • The minimum capital requirement for EIRELI is higher than that for a standard Ltda.

Sociedade Simples (S.S.):

    • Sociedade Simples is a simple partnership structure, often used by professionals such as lawyers, doctors, and accountants.
    • It offers flexibility in management and taxation.
    • Members have unlimited liability for the company’s debts.

Microempreendedor Individual (MEI):

    • MEI is a legal business structure designed for individual entrepreneurs, such as freelancers and small business owners.
    • It offers simplified taxation and lower administrative requirements.
    • MEIs have a limited annual revenue cap.

Cooperativa (Cooperative):

    • Cooperatives are formed by individuals or entities with common interests to collectively manage and operate a business.
    • They can be agricultural cooperatives, consumer cooperatives, or worker cooperatives, among others.
    • Members share in the profits and decision-making.

Sociedade Anônima de Capital Fechado (Closed S.A.):

    • Similar to a regular S.A., but with restrictions on the transfer of shares, making it a closed company.
    • Shares cannot be publicly traded without approval from existing shareholders.

Consórcio (Consortium):

    • Consórcio is a temporary association of individuals or companies formed for a specific project or purpose.
    • It is a common structure for joint ventures and public-private partnerships.

Branch of a Foreign Company:

    • Foreign companies can establish branches in Brazil to conduct business.
    • The branch operates as an extension of the foreign company and must register with Brazilian authorities.

Startup Empresarial (Startup Company):

    • A startup in Brazil can take various legal forms, including Ltda., S.A., or EIRELI, depending on its specific needs and objectives.

“Our team can provide assistance if you need help registering a company in Brazil.”


Common Questions


What types of companies can be registered in Brazil?

Various types, including Sociedade Anônima (S.A.), Sociedade de Responsabilidade Limitada (Ltda.), and Empresa Individual de Responsabilidade Limitada (EIRELI).

How many shareholders are required to register an Ltda. in Brazil?

At least two shareholders are required for an Ltda.

Can a foreigner be a shareholder or owner of a company in Brazil?

Yes, foreigners can own or be shareholders in Brazilian companies.

What is the minimum capital requirement for an Ltda. in Brazil?

There is no specific minimum capital requirement for an Ltda.

Are there any nationality restrictions for company ownership in Brazil?

No, there are generally no nationality restrictions for company ownership.

Can a company have a foreign name in Brazil?

Yes, companies can have foreign names, but they should be registered and approved by relevant authorities.

What are the steps to register a company in Brazil?

Steps include obtaining a unique business identification number, registering with the Board of Trade (Junta Comercial), obtaining a CNPJ (tax identification number), and registering with state and municipal authorities.

Is there a one-stop registration process in Brazil?

Brazil has simplified the registration process, but it may involve multiple agencies and steps.

What are the tax obligations for registered companies in Brazil?

Registered companies are subject to various taxes, including income tax, value-added tax (VAT), and social contributions.

Do I need a local business address to register a company in Brazil?

Yes, a local business address is required for company registration.

How long does it take to register a company in Brazil?

The registration process can take several weeks to complete.

Can I register a company online in Brazil?

Some steps of the registration process can be done online, but others may require in-person visits to government offices.

Do I need a lawyer to register a company in Brazil?

While not mandatory, it is advisable to seek legal assistance to navigate the registration process and ensure compliance with Brazilian laws.

What documents are needed for company registration in Brazil?

Documents typically include the company’s articles of incorporation, identification documents of shareholders, and a business plan.

What is the role of the Junta Comercial in company registration?

The Junta Comercial is responsible for registering companies and maintaining their records.

Are there any special requirements for registering a foreign-owned company in Brazil?

Foreign-owned companies may have additional requirements, such as obtaining authorization from the Brazilian Central Bank.

Can I change the name of my registered company in Brazil?

Yes, it is possible to change the company’s name, but the process involves legal formalities and government approval.

Do I need to register for value-added tax (VAT) in Brazil?

Yes, companies that meet certain thresholds are required to register for VAT.

What is the process for obtaining a CNPJ in Brazil?

Companies must apply for a CNPJ with the Federal Revenue Service (Receita Federal).

Are there any restrictions on the types of businesses that can be registered in Brazil? 

Certain industries may have specific regulations and licensing requirements.

“Our team can provide assistance if you need help registering a company in Brazil.”


Is it necessary to have a Brazilian bank account for a registered company?

While it is not mandatory, having a Brazilian bank account can facilitate business operations.

Can I register a company for e-commerce purposes only in Brazil?

Yes, you can register a company specifically for e-commerce activities.

Is it possible to register a non-profit organization in Brazil?

Yes, non-profit organizations can be registered for various charitable and social purposes.

Can a company be registered with multiple owners or shareholders in Brazil?

Yes, companies can have multiple owners or shareholders.

Are there any incentives for environmentally friendly businesses in Brazil?

Brazil may offer incentives for eco-friendly businesses, depending on the region and nature of the business.

What is the process for closing a registered company in Brazil?

Closing a company involves several legal and tax steps, including settling debts and notifying relevant authorities.

Can a company be registered as a sole proprietorship in Brazil?

While it is possible, most businesses are registered as other types of legal entities for liability and tax purposes.

How can I register a technology startup in Brazil?

Technology startups can be registered under one of the available company types, such as Ltda. or S.A.

Can a foreign retiree register a company in Brazil?

Foreign retirees can register a company, but visa and tax considerations apply.

What are the annual reporting and compliance requirements for registered companies in Brazil?

Companies must file annual financial statements and meet other compliance obligations.

Are there any restrictions on foreign ownership in specific industries in Brazil?

Some industries, such as broadcasting and aviation, have restrictions on foreign ownership.

Can a company be registered with a virtual office address in Brazil?

A physical business address is generally required for company registration.

Can a company be registered as a franchise in Brazil?

Yes, franchises can be registered as a specific type of legal entity.

What is the role of the Brazilian Central Bank in company registration for foreign investors?

The Central Bank regulates and authorizes foreign investments in certain sectors.

Are there tax incentives for companies in specific regions of Brazil?

Some regions offer tax incentives to attract businesses and investments.

Can a company be registered with foreign employees in Brazil?

Yes, foreign employees can work for registered companies, subject to visa and labor regulations.

Are there any restrictions on repatriating profits from a registered company in Brazil?

Profit repatriation may be subject to tax and regulatory requirements.

Can a company change its legal structure after registration in Brazil?

Yes, but it involves a formal process and government approval.

Can a registered company in Brazil have multiple locations or branches?

Yes, companies can have multiple branches or locations.

Are there any tax benefits for research and development (R&D) companies in Brazil?

R&D companies may qualify for tax incentives and deductions.

Can a registered company in Brazil issue shares to raise capital?

Yes, public companies (S.A.) can issue shares to raise capital in the stock market.

Is it necessary to obtain licenses or permits for specific businesses in Brazil?

Certain businesses require licenses or permits, such as food service establishments or healthcare facilities.

Are there incentives for foreign investments in Brazil?

Brazil offers incentives to attract foreign investments, including tax benefits and streamlined registration procedures.

Can a company be registered for the production of agricultural goods in Brazil?

Yes, agricultural production companies can be registered.

Can I register a company for eco-tourism purposes in Brazil?

Eco-tourism companies can be registered, and they may benefit from environmental incentives.

What are the requirements for hiring employees in a registered company in Brazil?

Hiring requirements include complying with labor laws, registering employees, and providing benefits.

Can a company have multiple branches in Brazil?

Yes, companies can have multiple branches in different locations.

Are there any restrictions on foreign employees working in registered companies in Brazil?

Foreign employees may need work visas and must comply with labor regulations.

“Our team can provide assistance if you need help registering a company in Brazil.”


What are the tax implications of hiring employees in Brazil?

Employers are responsible for withholding and paying employee taxes.

Can I register a company for real estate development in Brazil?

Yes, real estate development companies can be registered.

Are there any restrictions on foreign investment in registered companies in Brazil?

Foreign investment may require authorization from the Brazilian Central Bank.

How can I protect intellectual property rights for my registered company in Brazil?

Intellectual property can be protected through registration with the National Institute of Industrial Property (INPI).

Can a registered company engage in international trade in Brazil?

Yes, registered companies can engage in international trade.

What are the environmental regulations for registered companies in Brazil?

Environmental regulations vary by industry and location, and compliance is essential.

Can I register a non-governmental organization (NGO) in Brazil?

Yes, NGOs can be registered for various social and charitable purposes.


Major Banks in Brazil


Banco do Brasil    Website: Banco do Brasil

Caixa Econômica Federal (CEF)    Website: Caixa Econômica Federal

Banco Bradesco     Website: Banco Bradesco

Itaú Unibanco     Website: Itaú Unibanco

Banco Santander Brasil     Website: Santander Brasil

Banco Safra    Website: Banco Safra

Banco Votorantim     Website: Banco Votorantim

Banco BTG Pactual     Website: Banco BTG Pactual

Banco Inter    Website: Banco Inter

Banco Original     Website: Banco Original

Banco PAN      Website: Banco PAN

Banco BMG     Website: Banco BMG

Banco Daycoval     Website: Banco Daycoval

Banco do Nordeste do Brasil (BNB)     Website: Banco do Nordeste do Brasil

Banco da Amazônia     Website: Banco da Amazônia

Banrisul (Banco do Estado do Rio Grande do Sul)     Website: Banrisul

Sicoob (Sistema de Cooperativas de Crédito do Brasil)     Website: Sicoob

“Our team can provide assistance if you need to open a bank account in Brazil.”


The top universities in Brazil


University of São Paulo (Universidade de São Paulo – USP)

    • Website: USP
    • Location: São Paulo
    • Major Courses: Various disciplines, including medicine, engineering, business, and humanities.

University of Campinas (Universidade Estadual de Campinas – UNICAMP)

    • Website: UNICAMP
    • Location: Campinas, São Paulo
    • Major Courses: Sciences, engineering, arts, and social sciences.

Federal University of Rio de Janeiro (Universidade Federal do Rio de Janeiro – UFRJ)

    • Website: UFRJ
    • Location: Rio de Janeiro
    • Major Courses: Medicine, engineering, natural sciences, and humanities.

University of Brasília (Universidade de Brasília – UnB)

    • Website: UnB
    • Location: Brasília
    • Major Courses: Social sciences, law, engineering, and health sciences.

University of Minas Gerais (Universidade Federal de Minas Gerais – UFMG)

    • Website: UFMG
    • Location: Belo Horizonte, Minas Gerais
    • Major Courses: Arts, sciences, engineering, and health.

University of Pernambuco (Universidade de Pernambuco – UPE)

    • Website: UPE
    • Location: Recife, Pernambuco
    • Major Courses: Medicine, engineering, social sciences, and humanities.

University of Federal Fluminense (Universidade Federal Fluminense – UFF)

    • Website: UFF
    • Location: Niterói, Rio de Janeiro
    • Major Courses: Sciences, arts, engineering, and health.

University of Federal do Paraná (Universidade Federal do Paraná – UFPR)

    • Website: UFPR
    • Location: Curitiba, Paraná
    • Major Courses: Medicine, engineering, natural sciences, and humanities.

University of Federal do Rio Grande do Sul (Universidade Federal do Rio Grande do Sul – UFRGS)

    • Website: UFRGS
    • Location: Porto Alegre, Rio Grande do Sul
    • Major Courses: Arts, sciences, engineering, and health.

University of Federal do Ceará (Universidade Federal do Ceará – UFC)

    • Website: UFC
    • Location: Fortaleza, Ceará
    • Major Courses: Social sciences, law, engineering, and health.

“If you need assistance registering for college or university, our team is here to help.”


Strange or unusual to visitors in Brazil


Carnival Celebrations: Brazil is famous for its Carnival, an annual festival known for its extravagant parades, vibrant costumes, and samba music. The scale and energy of Carnival can be overwhelming for first-time visitors.

Kissing as a Greeting: Brazilians are known for their warmth and affection. It’s common to greet friends and even acquaintances with a kiss on each cheek, which can be surprising for those from cultures with different greeting customs.

Hammock Culture: In many regions of Brazil, especially in the Amazon rainforest, hammocks are a common way to relax and even sleep. You might see people casually lounging in hammocks throughout the day.

Feijoada: This is a traditional Brazilian dish made from black beans and pork. It’s often served with rice and orange slices. Some visitors may find the combination of ingredients unusual.

Brazilian Barbecue (Churrasco): Brazilian barbecue is famous for its variety of meats, including cuts that might not be common in other countries, like chicken hearts and picanha (top sirloin).

Flip-Flops (Havaianas): Brazilians love their flip-flops, known as Havaianas. You’ll see people wearing them everywhere, from the beach to upscale restaurants.

Street Art: Brazil has a vibrant street art scene, with colorful and often politically charged murals adorning buildings in many cities.

Religious Diversity: Brazil is home to various religious practices, including Candomblé, Umbanda, and other Afro-Brazilian religions. Visitors might come across rituals and ceremonies that are unfamiliar to them.

Favelas: Many Brazilian cities have favelas, which are densely populated informal settlements. While some favelas have improved infrastructure, others still face significant challenges. Tours of favelas are sometimes offered to tourists interested in understanding this aspect of Brazilian society.

Public Displays of Affection: Brazilians are generally comfortable with public displays of affection, so you might see couples hugging and kissing in public spaces.

The Amazon Rainforest: The sheer size and biodiversity of the Amazon can be overwhelming for visitors. The sounds, wildlife, and lush greenery are unlike anything in many other parts of the world.

Language Barrier: While Portuguese is the official language, many Brazilians do not speak English fluently. Visitors who don’t speak Portuguese might find communication challenging in some areas.

Traffic and Driving: Traffic in Brazilian cities can be chaotic, and driving habits can be aggressive. Visitors should exercise caution when crossing streets and consider using public transportation or taxis.

Music and Dance: Brazilians are passionate about music and dance. Samba, forró, and bossa nova are just a few of the genres you’ll encounter. Dance parties can break out spontaneously, and it’s common for people to dance in public spaces.


“Tips for Newcomers: Adjusting to Life in Brazil”


Learn Portuguese:

Portuguese is the official language of Brazil, and while you can get by with English in tourist areas, learning at least basic Portuguese will greatly enhance your experience and help you communicate with locals.

Embrace the Culture:

Brazil has a rich and diverse culture. Be open to trying new foods, experiencing different types of music and dance, and participating in local traditions and festivals.

Be Mindful of Safety:

While Brazil is generally safe for tourists, it’s important to be aware of your surroundings and take precautions. Avoid displaying valuable items, be cautious in crowded places, and use reputable transportation options.

Understand the Visa Requirements:

Ensure that you have the correct visa for your stay in Brazil. Visa regulations can be complex, so consult the Brazilian consulate or embassy in your home country for up-to-date information.

Explore the Food Scene:

Brazilian cuisine is diverse and delicious. Try regional dishes like feijoada, acarajé, and churrasco. Street food can be a tasty and affordable way to sample local flavors.

Public Transportation:

Brazil has an extensive public transportation network in major cities. Familiarize yourself with local buses, trams, and subways to navigate the city efficiently.

Be Patient:

Brazilian time can be more flexible than in some other countries. Expect delays and be patient when dealing with administrative processes, public services, and transportation.

Get Health Insurance:

Health care in Brazil is generally good, but it’s essential to have health insurance to cover unexpected medical expenses. Consider purchasing a comprehensive insurance plan.

Stay Hydrated:

Brazil can be hot and humid, especially in coastal areas. Drink plenty of water to stay hydrated, especially if you’re spending time outdoors.

Respect Local Customs: 

Brazilians are known for their warmth and friendliness. Show respect for local customs and traditions, such as the custom of greeting with kisses on the cheek.

Banking and Currency:

Familiarize yourself with the Brazilian currency (Real) and the local banking system. ATMs are widely available for cash withdrawals.

Make Local Friends:

Building relationships with locals can greatly enhance your experience. Join social clubs, attend language exchange meetups, or take part in community events to meet people.

Enjoy the Beaches:

Brazil boasts some of the world’s most beautiful beaches. Take time to relax on the coast, swim, and enjoy the beach culture.

Learn About Local Safety:

Some areas in Brazil may have higher crime rates. Research your destination and take precautions recommended by locals and authorities.

Explore the Diversity:

Brazil is a vast country with diverse landscapes, from the Amazon Rainforest to vibrant cities. Travel around and explore the different regions to fully appreciate its diversity.

Budget Wisely:

Brazil can be an affordable destination, but costs can vary greatly depending on the region and your lifestyle. Create a budget and stick to it.

Stay Informed:

Keep up to date with local news and government advisories to stay informed about any developments that may affect your stay.


Top recruitment agencies in Brazil


Michael Page     Website: Michael Page Brazil

Robert Half     Website: Robert Half Brazil

Page Personnel     Website: Page Personnel Brazil

Randstad     Website: Randstad Brazil

Adecco     Website: Adecco Brazil

Cushman & Wakefield     Website: Cushman & Wakefield Brazil

HAYS    Website: HAYS Brazil

Talent Group     Website: Talent Group Brazil

Experis     Website: Experis Brazil

Kelly Services      Website: Kelly Services Brazil

RH NOSSA      Website: RH NOSSA Brazil

Allis     Website: Allis Brazil

Grupo Solpanamby    Website: Grupo Solpanamby Brazil

Nível A     Website: Nível A Brazil

Grupo Selpe    Website: Grupo Selpe Brazil


Necessary phone numbers in Brazil


  • Emergency (Police, Ambulance, Fire): 190
  • Medical Emergency (SAMU): 192
  • Fire Department: 193
  • Police (Non-Emergency): 197
  • Highway Police: 191
  • Poison Control Center: 0800-722-6001
  • Tourist Helpline: 0800-282-1512
  • Lost or Stolen Credit Card (Visa): 0800-891-3679
  • Lost or Stolen Credit Card (MasterCard): 0800-722-3091
  • Local Directory Assistance: 102
  • International Directory Assistance: 000112


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