Start up a New Business in Brazil - Wide Brazil

1. Breaking on the Brazilian Market
Establishing a company in Brazil may be a complex and arduous journey. We simplify the transition process of your business and support you each step of the way.

2. Select a Brazilian Representative
A fundamental condition for opening a foreign business in Brazil is to legally appoint a local representative. This person must have their residence in the country and abide by the legal and tax responsibilities of the state. However, they will not detain shares within the company or have a decisional right in it.
We provide you with a broad database of relevant candidates that you can scout to identify the best local representative for your company. Our quick solutions prevent you from wasting precious time on individual research. Also, you have the safety guarantee of working with authorized applicants.

3.Choose an Expert Accountant
Every international company operating in Brazil must work with a certified accountant. This professional will take care of the tax and fiscal duties of your business for you.
Wide Brazil takes full responsibility for managing the supplier. We will provide you with comprehensive accounting services and ensure that the entirety of your operations run according to the Brazilian legislation.

4.Paperwork Compilation and Translation
The Brazilian law requires foreign companies to ensure a social contract and power of attorney for their local representatives. Additional paperwork including the name and tax identification number (NIF) is also subject to the opening of a new business in Brazil.
We prepare all the necessary documentation for the legal establishment of your company in Brazil. We ensure that all the documents benefit from optimal translation and are recognized by the Brazilian authorities.

5.Company Registration
A new business in Brazil must obtain the necessary documents to operate legally, such as the CNPJ and the State Register ID. Additionally, a social contract will define the company’s operations, tax regime, and performance. Lastly, the investors must define a specific address for the company’s headquarters.
Wide Brazil ensures that this complex part of the process goes as smoothly as possible. We guide you through all the required steps to obtain the necessary paperwork and register your company with minimal effort.

6.Bank Registration
Upon entering the Brazilian market, your business will also require a bank account in the country. This account will record the company’s economic transactions,

and it will feature a digital signature for easy and secure access.
We put at your disposal a wide array of resources to find the best bank that suits your company’s needs.Our goal is to make this process as quick and convenient for your business as possible.

7.Register with the Central Bank of Brazil
After creating a bank account for your company, you also need to register your company with the Central Bank of Brazil (BACEN). This mandatory step legalizes the investments that you will send from abroad.
We support your registration with the Brazilian banking authorities at every stage of the process. We provide you with easy and quick solutions to complete it as soon as possible.

8.Licensing
Depending on the industry and activity of your business, your company might require additional licensing.
Wide Brazil facilitates this process through all-inclusive services that help you grow your international venture with minimal effort.