How to openninga business in Brazil?

Both foreing companies and individuos can openning a business in Brazil. The first step is decided the type of business (limited liability or individual) than follow the specific rules. At any type the company must have as a legal representant a brasilian resident manager or director.

If you’re thinking of starting a business, you first need to come up with a realistic idea you can turn into a product or service. Beyond that, there are several key areas you need to consider, all of which Menzies can help with.

8 STEPS TO STARTING A BUSINESS

1 - START BY RESEARCHING YOUR MARKET

Identify potential customers. Talk to them and find out if your idea is meeting a real need.

2 - DEVELOP AND PLAN

Test your product or service with real customers, make changes, and test it again. Keep doing this until you’re sure there’s a demand for it.

3 - FIND PARTNERS AND SUPPLIERS

Think about who you’re going to work with to develop and sell your idea.

4 - SET UP YOUR BUSINESS

Work out which legal structure is right for you, and register for tax.

5 - EMPLOY STAFF

And ensure you have the right terms and conditions from the outset.

6 - ENSURE YOU ARE BUSINESS COMPLIANT

At the start you might want to consider using a Company Secretarial service to outsource the handling of your accounting compliance obligations.

7 - GET FUNDING

Explore different sources of business finance, from bank loans to government-backed schemes.

8 - PROTECT YOUR INTELLECTUAL PROPERTY

If you have an unusual idea or have invented something, find out how to protect your intellectual property to make sure nobody copies it without your permission. To utilise our expertise in starting your own business, get in touch with Menzies via our online contact form .