Page 3 - Demo

Table of Contents
Country Overview 4
1. Brazilian Economy .........................6
2. Brazilian Federal Structure........6
3. The Brazilian Legal System .......7
4. Brazilian Government
Transparency .......................................9
Corporate Overview............ 10
1. Incorporation of a Brazilian Company ................................................11 2. Required Permits for Incorporating a Brazilian Company 15
3. Visa .....................................................16 4. Foreign Exchange Control.........19
Public Procurement............. 22
1. Qualification ......................................23 2. Publicity .............................................23 3. Bidding Procedures.......................24 4. Judgment Criteria..........................24 5. Contractual Term............................24
Employment Relations ....... 25
1. Basic Rights of the Employees .26 2. Termination......................................28
Tax Overview ........................ 30
1.Corporate Taxation...........................31 2. Transactional Taxes........................32 3. Payroll Taxes.....................................34 4. Property and Transfer Taxes ......35 5. Other Taxes and Contributions.36 6. Withholding Obligations .............37 7. Brazilian Tax on Foreign Companies .............................................38 8. Tax Disputes .....................................44
Environmental ...................... 46
1. Most Relevant Laws........................47
2. Environmental liabilities...............49
Foreign Trade........................ 51
1. Main Partner Countries and Products .................................................52 2. Foreign Trade Controls in
Brazil ........................................................52 3. Exports...............................................53 4. Imports...............................................53
Antitrust ................................. 58
1. Violations to the Economic Order........................................................60 2. Merger Control...............................60 3. Cease and Desist Agreement and Leniency Agreement .........................61
Compliance ........................... 62 Litigation................................ 65
1. Brazilian Legal System ................66 2. Jurisdiction......................................66 3. Court Proceeding..........................67 4. Court Fees and Expenses..........69
Restructuring & Insolvency 71
1. Extrajudicial Restructuring.........72 2. Judicial Restructuring .................72 3. Bankruptcy as a consequence of the Judicial Restructuring................74 4. Bankruptcy ......................................74 5. The court administrator..............76 6. Competent Court..........................77
About Us ................................ 78 Last Updated on 2020