We are specialized in international juridical relations involving Brazil and we are also experienced in the process of opening companies by foreigners.

I. Opening companies in Brazil through foreign partners.

Explanations and description of our activities

II. Investments and permanent visa to Brazil

1. Opening of a corporate bank account;
2. Client assistance for a proper investment transfer in Brazil;
3. Register of the investment to be transferred to Brazil at the Central Bank;
4. Request of permanent visa to Brazil for all partners;
5. Change in articles of incorporation to exclude the original manager and include the new company manager.

III. Special activities

6. Rental of real estate to serve as company headquarters;
7. Company management by an administrator that resides in Brazil;
8. Demand of a Taxpayer Number (CPF/CNPJ) for all partners, required by the Federal Revenue Office;

I. Opening companies in Brazil through foreign partners.

Opening companies in Brazil through foreign partners has many requirements determined by Brazilian laws that should be met.

At least two partners are required to open a company in Brazil. Such partners can be either foreign corporations or individuals. However, company management can only be done through a manager residing in national territory, or that has a permanent visa to Brazil; in that case, a Brazilian or foreign nationality is accepted.

To open a company in Brazil, our law firm is in charge of all necessary arrangements. A minimum share capital is not required to open the company. The process of opening a company usually takes about 90 days, starting from the date our office in São Paulo receives all legalized and translated documents.

Arrangements to be made require measures both in Brazil and abroad, due to all legalizations needed. In this aspect we can also assist our clients that are interested in opening companies, since they do not have to be in Brazil to be represented by us. Our client representation is complete, and there is no need for them to be in Brazil during the process. Some of our activities are:

1. Consultancy in Brazilian corporate law and development of juridical reports to choose the most appropriate form of operation for the company in Brazil and that best meets the client’s needs;

2. Consultancy in Brazilian tax law and development of juridical reports and analysis of all tax duties of the company to be opened;

3. Request of necessary certificates and documents from public agencies;

4. Request of many legalizations of documents from competent agencies;

5. Writing of documents to meet the requirements that enable the client to be a partner of a company in Brazil;

6. Writing of the company’s articles of incorporation according to the partners’ interest in both English and Portuguese;

7. Partners’ representation in Brazil to register the company, with no need of being in Brazil during the process;

8. Assistance after opening the company, so that all legal obligations are met in all Brazilian public agencies.

II – Investments and permanent visa to Brazil

With a minimum investment of R$ 150,000.00 in the Brazilian company, foreign partners meet one of the main requirements to obtain a permanent visa for investors in Brazil. Such investment needs to be made specifically to meet legal requirements. In addition, the investment must be registered in the Brazilian central bank. Our assistance in this procedure involves the following activities:

1. Opening of a corporate bank account;

2. Client assistance for a proper investment transfer in Brazil;

3. Register of the investment to be transferred to Brazil at the Central Bank;

4. Request of permanent visa to Brazil for all partners;

5. Change in articles of incorporation to exclude the original manager and include the new company manager.

It should be stressed that after obtaining the permanent visa to the foreign investor, they can take full responsibility for managing the founded company.

III – Special activities

Because it is often complex for foreign clients willing to expand their businesses in Brazil to make several arrangements in their native country, and because they have no contacts in Brazil to facilitate such arrangements, we offer our clients the following services:

1. Rental of a real estate to serve as company headquarters:

The company headquarters can be either an office or a warehouse at the beginning of the opening process. Our law firm can look for an adequate real estate for your company.

2. Company management by an administrator that resides in Brazil:

Company management can only be done through a person residing in Brazil, or that has a permanent visa to Brazil. The company manager does not need to be its partner. A representative of our office as manager of your company can be done to meet this legal requirement. In such case, an agreement will be signed between the manager and our client, so that the conditions of his work as manager are established.

3. Request of a taxpayer number from the Federal Revenue Office for foreign partners:

Both foreign corporations and individuals must have a taxpayer number in Brazil to be able to join a Brazilian company. We can provide assistance by requesting such number for partners in Brazil.

Finally, it is worth stressing that delays and extra costs for investors can be caused by opening processes that do not meet legal requirements of Brazilian laws and, therefore, need to be amended, or if new documents are required.

Because opening a company by foreigners and all accessory procedures are specific themes, with a special regulation demanding technical knowledge of legislation and procedures, we can competently and quickly assist you using our experience during this process.