Pioneering Incorporation in Brazil,
Leading Magnet in Latin America
End-to-end Brazil company setup package
Secure bank account opening in Brazil
After-sales care by AsiaBC Brazil office
Pioneering Incorporation in Brazil,
Why Brazil Incorporation ?
| Startup US$ 11,6001st Year Setup |
| What do I get?  Brazil business formation
 Bank account opening
 Registered address & call handling
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| Renewal US$ 1,5002nd Year Onwards |
| What do I get?  Registered address & call handling
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| Accounting From US$ 800Monthly Compliance |
| What do I get?  Statutory accounting
 Tax compliance
 HR management
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Fundamental elements for Brazil company registration
Begin your Brazil company incorporation journey on the right foot with these essential basics.
National Language
& Official Currency
& Official Currency
- The official language spoken in Brazil is Portuguese.
- Brazil’s official currency is the Real (BRL).
Basic Requirements
& Process Time
& Process Time
Registered Address
& Registered Agent
& Registered Agent
Brazil
Accounting & Tax
Accounting & Tax
Brazil
Banking
Banking
Vital steps for setting up a company in Brazil
Achieve an efficient company registration process in Brazil with these 4 straightforward steps.
 When selecting a name for your company, take advantage of our Brazil company registration services which offer a free availability check in the Public Registry. 1 FREE company |  |  Authorize AsiaBC as your local legal representative of Brazil business formation by granting us the power of attorney for the seamless approval process. 2 Approval of legal |  |  Our team will gather all the required paperwork and meticulously prepare a comprehensive set of Brazil company incorporation documents, ready for your signature. 3 Sign incorporation |  |  After successfully completing your Brazil company setup process, it’s time to proceed further and initiate the opening of a business account through our reliable network of local and international banking partners. Kindly note that, as a foreign applicant, obtaining a residence visa is a prerequisite before opening a bank account. 4 Open a Brazil |
Why incorporate in Brazil?
Discover the strategic advantages of registering a company in Brazil for your business.
Larger Market
Startups can leverage Brazil’s robust market, fueled by a population exceeding 210 million, to unlock a multitude of avenues for business expansion.
Resource-Rich Economy
Abundant raw materials at competitive rates in Brazil present business owners with lucrative opportunities and potential to reduce operational costs.
Growth Potential
Brazil company incorporation offers access to the vast South American market, including neighboring countries, for diverse growth opportunities.
Pro-Foreigner Policy
Brazil presents ample investment opportunities with 100% incorporation ownership and various visa options for foreign entrepreneurs.
Talented Workforce
Brazil’s skilled workforce in engineering, technology, and creative fields, along with its innovation ecosystem, provide startups room for development.
Regional MERCOSUR
Brazil’s membership in MERCOSUR reduces customs duties, promotes free trade, and fosters economic cooperation, thereby benefiting regional commerce.
You can ask us anything
Seeking information? Ask us anything about business setup in Brazil.
01 | Is Brazil company incorporation open to non-residents?
Yes, non-residents can definitely engage in company setup in Brazil. Brazil welcomes foreign entrepreneurs and does not impose restrictions based on nationality or residency for business registration. As a non-resident, you can establish a company in Brazil and conduct business both domestically and internationally. However, it is important to be aware of the specific legal and regulatory requirements involved in the incorporation process. Seeking assistance from Brazil company incorporation experts at AsiaBC is advisable to ensure a smooth navigation of the process.
02 | What are the prerequisites and processes for foreign businesses to incorporate in Brazil?
Company registration process in Brazil involves several essential prerequisites and steps as outlined below :
- Appointment of a Local Registered Agent – A local registered agent must be appointed to serve as the official representative of your Brazil company setup and maintain a legal address in the country.
- Directors and Shareholders – For Brazil company incorporation, the company must have a minimum of 1 director and 1 shareholder, who can also serve as a director.
- Capital Requirements – The minimum capital requirement for Sociedade Limitada (Limited Liability Company) is not explicitly defined by law. However, it is recommended to have a reasonable capital contribution to ensure the company’s credibility and viability.
- Document Translation and Notarization – If the company’s documents for Brazil company registration are prepared in a language other than Portuguese, they must be translated by a certified translator. Additionally, documents issued outside Brazil may require notarization and an apostille.
- Accounting and Record Keeping – During the first year of operation, the company must establish its accounting system in accordance with Brazilian laws. This involves maintaining accurate and complete records of all financial transactions, which must be retained for at least 7 years. Depending on the size and nature of the business, regular audits may also be required.
- Tax Obligations – Foreign businesses incorporated in Brazil are subject to specific tax obligations, including corporate income tax on income sourced from Brazil. It is highly recommended to seek the assistance of tax professionals to ensure full compliance with Brazilian tax laws, particularly in the critical initial year of operations. Should you need any further guidance, please feel free to reach us by email.
03 | What types of companies can foreigners establish in Brazil?
Foreigners can set up the following types of companies in Brazil :
- Sociedades Limitadas (LTDA) – Limited Liability Company (LLC)
- Sociedades Anonimas (SA) – Corporations
- Branch or representative office of a foreign company
04 | Which banks are recommended for a company incorporated in Brazil?
Brazil has a thriving banking sector, featuring reputable local banks such as Banco do Brasil, Itaú Unibanco, and Bradesco. These banks provide a broad array of banking services and account choices to meet a variety of business requirements. Additionally, international banks like HSBC, Citibank, and Santander have a presence in Brazil, providing specialized services tailored for corporate banking, international transactions, and wealth management. These banks are well-equipped to support companies during the process of company registration and subsequent operations in Brazil.
05 | What are the procedures for opening a bank account in Brazil?
First, non-residents must obtain a residence visa through the Brazilian embassy or consulate in their home country to establish legal residency in Brazil. Once the residency visa is secured, proceed to select a suitable bank in Brazil that aligns with the company’s banking needs. It is imperative to choose a reputable bank that offers reliable services and has a strong track record. You may also consider seeking assistance from a reliable service provider like AsiaBC to obtain the visa and receive recommendations for the selected banks as part of our Brazil company registration services.
Upon choosing the bank, ensure to gather the essential documentation, including a valid passport, proof of address, and relevant company incorporation documents, for the account opening process. Once these documents are assembled, make contact with the selected bank to arrange an appointment, during which a bank representative will guide you through the necessary procedures and provide you with the required forms.
A crucial step is completing due diligence, which entails providing the bank with comprehensive information about the company’s activities, funds source, and ownership structure. It is of utmost importance to cooperate fully and ensure the accuracy of the information provided to meet the specific requirements of the bank.
Once the bank account application is approved, the final step is to make an initial deposit to activate the account, with the required amount varying according to the bank’s policies. For expert guidance on opening your bank account in Brazil, we strongly recommend reaching out to our specialist at AsiaBC here. Our knowledgeable professionals are well-versed in the country’s regulations and banking procedures, and they can provide invaluable assistance in ensuring compliance with all necessary requirements.
06 | What makes Brazil an appealing choice for startups?
Brazil, situated in South America, presents an enticing opportunity for startups due to various favorable aspects. With a strong economy and a foreigner-friendly business environment, Brazil offers access to a well-developed banking sector, advantageous tax policies, reliable infrastructure supported by a civil law legal system, a highly skilled workforce, and most importantly, it boasts the largest market in South America. These factors collectively contribute to facilitating business operations and fostering long-term growth potential through company setup in Brazil.
07 | How does Brazil’s economy perform, and which sectors contribute to its growth?
Brazil’s economy has consistently demonstrated robust performance, with an average annual growth rate of around 5% over the past decade. Despite global challenges, Brazil’s GDP reached US$1,920.10 billion in 2022, highlighting its resilience and promising prospects for businesses. The country’s economic growth is driven by pivotal sectors including manufacturing, agriculture, services, technology, and renewable energy, all of which present abundant opportunities for innovation, investment, and market expansion. This makes Brazil a compelling option for entrepreneurs considering establishing their companies in the country, and that’s why Brazil business formation is experiencing a surge in popularity.
08 | What Government measures support foreigners in starting businesses in Brazil?
The Brazilian Government has implemented a series of measures to facilitate and support foreigners in registering a company in Brazil. Some of these measures include :
- Simplified Business Registration – This Latin America country has implemented simplified procedures for Brazil business formation, allowing for a streamlined process to establish a company. This helps reduce bureaucratic hurdles and makes it easier for foreigners to navigate the registration process. Importantly, there is no requirement for a director or shareholder of the company to be a resident of Brazil, which provides greater convenience for foreigners looking to set up a company in Brazil.
- Foreign Investment Framework – Brazil has a well-defined foreign investment framework, which provides clear guidelines and regulations for foreign investors. This framework ensures equal treatment of foreign and domestic investors, protecting the rights and interests of foreign entrepreneurs.
- Business Visa Programs – Brazil offers various business visa programs that allow foreign entrepreneurs and investors to reside in the country while setting up and managing their businesses. These visa programs provide legal status and facilitate the process of company registration in Brazil for foreigners.
- Investment Incentives – The Brazilian Government provides significant investment incentives and tax benefits to attract foreign businesses in registering their companies in Brazil. These incentives may include tax breaks, exemptions, and special economic zones that offer favorable conditions for foreign investment.
Why pick AsiaBC for your Brazil business formation?
Unlock a stress-free Brazil company setup journey facilitated by our top-tier integrated solutions.
1Client Satisfaction
Committed to client satisfaction, our proactive team maintains open communication to keep you well-informed about your Brazil company setup progress and any updates.
2Holistic Empowerment
Discover the convenience of our end-to-end Brazilian services, as we take care of every aspect from beginning to end, enabling you to prioritize your core objectives.
3Proficient Experts
Engage with AsiaBC Brazil Office’s trusted specialists, regarded as authorities in Brazil business setup and bank account opening, to receive premium guidance.
4Fair Pricing System
Explore AsiaBC’s transparent and streamlined professional fee computation for Brazil company registration services. Our fees are affordable and free from hidden charges.
5Strong Global Alliances
Benefit from AsiaBC’s 13-year record in cross-border incorporation, which has catered to 3,000+ clients and cultivated strong alliances with influential networks worldwide.
624/7 Customer Care
With our always-available customer support, you can rest assured knowing that prompt guidance is just a call or message away, resulting in a highly responsive experience.
Other services we excel at
Elevate your business to new heights with our diverse add-ons and holistic corporate strategies.
Guaranteed Singapore
Bank Account Opening
Embark on a journey of seamless cross-border banking with AsiaBC’s tailored Singapore bank account solution. Opening an account with us provides quick access to the Lion City’s dynamic financial ecosystem, complemented by free pre-assessment and express pre-approval. With your interests at heart, we guarantee a refund if unsuccessful with our No Win, No Fee Scheme.
Harness Singapore’s renowned banking sector’s stability for your global business success. Complete our 3-minute Success Likelihood Test to receive a personalised bank recommendation closely aligned with your company’s requirements.
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