Tax-Optimization in Brazil: How and Why You can Use a Local Company - Part 2
The Special Regimes to Invest and do Business in Latam's Biggest Market
This is the last post on Globe’s Guide to Brazil. All the posts on Brazil have been compiled as an e-book on Gumroad. Starting next week, we’ll cover another Portuguese-speaking country: Portugal. Enjoy!
Introduction
At first glance, Brazil is not exactly an attractive country for your company setup – after all, with an effective corporate tax of 34% including the Social Security Tax and surcharge, the headline rate is one of the highest in the world.
The 3 indirect taxes (Tax on Circulation of Goods and Services, Services Tax, and Industrialized Products tax) also add to the complexity of running a Brazilian company. In most major countries, you have a single VAT.
However, Brazil offers interesting options for investors and entrepreneurs, be it with a small or a large business.
Today, we’ll cover:
The National Simplified Regime
The Presumed Profit Regime
Special Economic Zones in Brazil
When it makes sense to have a Brazilian Holding company
Let’s start with the national simplified regime, the Nr.1 choice for solo entrepreneurs.
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