How to set up a company in Brazil
How to set up a company in Brazil Setting up a business in any country is a challenge, especially having to consider each country’s laws and rules in setting up, opening, and maintaining a business in Brazil also presents just as much difficulty, but with the right information and tools, it becomes a lot easier. Having a corporation in Brazil can only come after much consideration and obeying the several types of obligations set out by the government. Depending on various factors and the objective of your…
Record Brazilian soybean supply set to pressure competition in 2022
Record acreage leads to unprecedented output Brazilian beans price competitive as real weakens Brazil to remain world’s top supplier on robust China demand B10 mandate unlikely to dampen crush momentum The Brazilian soybean sector is forecast to produce record-breaking volume in the crop year 2021-22 (September-August), likely pressuring major rivals the US and Argentina. The National Supply Company, or Conab, and the US Department of Agriculture expect Brazil’s soybean production at 142.8 million…
Investor Visa in Brazil: A Practical Guide
Investor Visa in Brazil: A Practical Guide The investor visa procedure in Brazil is governed by the National Immigration Council’s (CNIg)with a new Normative Resolution from 2015. This new resolution brings new rules pertaining to the investor visa procedure in Brazil, such as a new amount of foreign investment required and special rules for startup companies who work on the innovation and technological sector, for example. In the ever changing set of rules and Brazilian bureaucracy obstacles many foreign…
At last, the Brazilian economy rebounds spurred by construction and industrial production
Brazil’s economy rebounded strongly in the second quarter after having shrunk in the first, official figures showed on Thursday, indicating Latin America’s largest economy comfortably avoided falling back into recession. The 0.4% growth in the April-June period will be a relief to President Jair Bolsonaro’s government, which was in large part elected to revive an economy that was struggling to fully emerge from the devastating 2015-16 recession. But economists were not convinced that the factors…
Positive signs Brazils economy is recovering with Auto production in Brazil up 14.2% in July from a month early
Automobile production in Brazil jumped 14.2% and sales grew 9.1% in July from June, the best performance for the month since 2014, the national automakers’ association Anfavea said on Tuesday. Brazil’s auto industry is recovering from a crushing depression that cost the country its place as one of the world’s five biggest auto markets, even as automakers are still struggling with low margins. Auto exports to depressed Argentina, Brazil’s largest foreign destination for its cars, are down 38.4% so far…
Brazil grows as an agricultural powerhouse
A good relationship by farmers with the new government of Jair Bolsonaro which focuses on business plus a strong commitment to the incorporation of technology to improve agricultural results should make for a happy relationship. These factors point to what is happening today in Brazilian agriculture and could be felt in all its influence during Agrishow, a sample of its agricultural machinery options are this last week in Ribeirao Preto, which is located just 300 kilometres from San Pablo. A distance where…
Brazil to allow foreign lenders to hold land
Foreign lenders and investors are eagerly awaiting a change of law in Brazil, after finance minister Henrique Meirelles suggested they would be allowed to use land as collateral in trade finance and other loans from March onwards.< In a televised interview with local news outlet Globo, Meirelles explained that the government was ready to re-establish the right to fiduciary lien – allowing the transfer of land ownership to lenders in case of default – for foreigners by March 15. The move involves changing…
Mubadala Development to invest $2billion in Brazilian group
Abu Dhabi-based Mubadala Development will invest $2 billion in the Brazilian business group EBX founded by Eike Batista as part of a strategic partnership. Under the terms of the agreement Mubadala will make the investment in exchange for a 5.63 per cent preferred equity interest in Centennial Asset Brazilian Equity Fund and other offshore holding companies of Batista. The proceeds of Mubadala’s investment will be used to reinforce the group’s already strong capital structure so as to help fund new enterprises…
Brazil aims to reduce business taxes
Brazilian President Dilma Rousseff has pledged to reduce business taxes on local businesses to help them invest and compete in a world awash with cheap money that is hurting Brazil’s economy, Veja magazine reported on Saturday. Speaking after a meeting with industry leaders, Ms Rousseff told the weekly magazine in an interview on Thursday that the way out of Brazil’s struggle with inflation and slow growth was lower taxes to spur private investment. “Today … I met with some of the most important…
Should you invest in Brazil?
I’ve just spent a very pleasant fortnight in Brazil. It’s a wonderful country. But should we be investing there? The first thing that struck me about Brazil its sheer abundance. It’s the fifth-biggest country in the world. It has 20% of the world’s freshwater supply and just 3% of its population. (China has over 20% of the world’s population and about 6% of its freshwater). It has the highest number of species of primates, amphibians and plants in the world and the most diverse…
Brazil to be among top destinations of foreign investment
Brazil will be one of the main destinations of foreign investment next year, a study released Wednesday by the country’s Institute of Applied Economic Research (IPEA) said. According to the International Perception of Brazil Monitor study, the indicator that measures the likelihood of Brazil receiving foreign investment rose from 35 points in May to 43 points in August. Seventy per cent of interviewees worldwide consider Brazil one of the top five destinations for foreign investment, up from 56 per cent…