Doing Business in Brazil
Brazil is one of the largest economies in the world and has great potential for growth as Brazil continues to develop and income rises.
Many large international businesses report that their Brazil subsidiaries generate the highest margins among their global operations. At the same time, Brazil is a difficult country to business in, relative to other countries.
Much of the Brazil paradox is due to Brazil having a developing economy. There are great opportunities to participate in Brazil’s developing sectors. But with these opportunities come the challenges inherent with developing economies – less developed infrastructure and a less predictable regulatory environment.
The key to having a Brazil success story is preparation. Many aspects of setting up a local legal entity and operating in Brazil are not intuitive and require hiring the right professionals.