It’s not all Carnaval and caipairinhas in Brazil. Brazil is open for business and IBCF has long standing relationships with multilingual international corporate counsel, local filing and document retrieval experts, translators and experts adept at navigating the local terrain.
Overall the 2018 economic outlook for Brazil is positive, with the GDP expected to grow by 2%. Brazil can be the perfect first step in expanding to the BRIC countries and IBCF is here to help—contact us with your requirements!
IBCF Services in Brazil
- Entity Formations and Foreign Registrations
Forming a limited company in Brazil can be relatively straightforward, though it’s not inexpensive by U.S. standards. But compared to many other Latin American jurisdictions, formation costs are reasonable, given the number of filings required. The Limitada requires at least 2 partners, whether individuals or companies. Local representation is required in the case of foreign partners, and there must be a local manager, responsible for the limitada. The registered office is where the company will receive all official notices. There are many options for a registered office, including serviced offices and, for non-operating companies, virtual offices.
- Registered Agent/Registered Office
For additional information about this service, speak with a corporate specialist directly at +1 845 398 0900 or complete the contact form and a corporate specialist will contact you shortly.
- Document Retrievals (i.e Good Standing, Certified Copy)
Brazil is divided into 26 state Boards of Trade (and a Federal District) where company records are kept. Where retrieval is done online, you can expect results in 1 – 3 business days. Depending on the document needed, we can assist with finding the right certificate or extract from any of the Boards of Trade.
Documents are returned in Portuguese, and translations, as necessary, can also be handled by IBCF to ensure acceptance by the receiving institution.
IBCF has experts on the ground in Brasilia (the capital) and Sao Paulo (the business capital) with extensive experience obtaining apostilles and legalizations from international consulates in both cities. IBCF can manage the entire legalization process from obtaining the documents at the respective Board of Trade (Junta Comercial) to apostilles at the Ministry of Foreign Affairs and on to be legalized at the consulate of the recipient jurisdiction.
- Due Diligence Searches (i.e Lien, Judgment, Bankruptcy)
IBCF can also conduct lien and judgment searches, as well as basic credit reports for companies and individuals in Brazil.
Doing business in a foreign jurisdiction is time consuming enough, let alone the corporate governance and reporting that goes with it.
Partnering with IBCF as your single point of contact can assure you that your critical corporate compliance requirements are handled in a timely, expeditious and cost conscious manner.
An overview of our corporate compliance offerings include:
• Manage yearly jurisdictional compliance requirements and information
• Preparation and filing of statutory filings with corporate registry
• Maintenance of corporate information on compliance specific platform
• Due date tracking capabilities
• Maintain company shareholders and minutes
• Prepare board and/or shareholder resolutions
• Prepare and file audit documents related to corporate changes
• Prepare and file director, officer and shareholder changes
• Prepare meeting documents
• Registered Agent/Registered Office
*Availability of Services are subject to change
For additional information and pricing about our corporate compliance offerings, please contact us and a compliance specialist will contact you shortly.