Start a Business in Brazil

Brazil's tax system is among the most complex in the world — hire a local accountant from day 1

34% effective corporate tax rate is high — but Simples Nacional offers 4-33% for SMEs

All foreign capital must be registered with Central Bank (RDE-IED) to repatriate profits

Labor costs include 28.8% employer social security + mandatory 13th salary + 30-day vacation

2/3 rule requires majority Brazilian employees — limits ability to bring foreign staff

Portuguese is essential — English penetration in business is low outside major multinationals

216 million consumers — 6th largest population globally, growing middle class

Manaus Free Trade Zone extended to 2073 — best incentive zone in Latin America