As the seventh largest world economy, with 200 million inhabitants and a GDP of US$2.25 trillion, Brazil has been attracting companies from all over the world interested in establishing a presence in the country. The recent rise of the middle class, the country’s political stability and the size of its consumer market, in addition to low unemployment rates (less than 7% in the first half of 2015) are encouraging companies to invest in Brazil.
However, business rules in Brazil are complex and require that anyone thinking of doing business there have a clear understanding of the local rules and regulations. In order to operate locally, companies must be aware of federal, state and municipal taxes, which can be more complex than those in other countries in the region, and pay special attention to the hiring process, as labor laws may be difficult to understand for foreign companies. For this reason, in order to succeed in Brazil, it is essential to have a local partner who has experience in operating within the country’s complex business framework.
TMF Group helps companies of all sizes structuring their operations in Brazil with speed, safety and efficiency. Understanding the local laws, regulations, processes and requirements is at the heart of what we do. No matter where you are, our wholly owned offices can help you operate and invest in the Brazilian market, ensuring reduced risks and simplified operations.
What services do we offer?
Our services can help companies of all sizes whether it’s in their home market, entering a new country or whether they need support to streamline existing operations.
As a leading provider of global business services in Brazil, TMF Group’s local experts can support domestic and international companies with...
- Flexible support tailored to you: We adapt our service to give you what you need, when you need it … exactly where you need it.
- Local people with local knowledge: Over 700 experts in Sao Paulo and Rio de Janeiro who understand local issues, currency and language.
- Innovative range of solutions: We are the only global organisation to offer a complete suite of complementary business services to assist companies where ever they operate. It’s an easy and straightforward process; no legal costs, no need to keep accounting records and we’ll take care of all the tax, social security and payroll compliance too.
- A single supplier worldwide: You deal with one company with the central processes to mitigate issues quickly and compliantly.
- The provider of choice: We serve over 38,000 clients worldwide; from start-ups to 40% of the Fortune 500.
The benefits include increased visibility and control over operations through one point of contact and SLAs help to ensure quality of output and alignment with your way of operating. Our experts in Brazil can help you avoid fines, penalties and the reputational damage of not complying with the local rules and regulations.
Get in touch with our team of experts today to discuss how TMF Group can help your business expand into the Brazilian market.