Many foreigners are fearful of the difficulties they will have to face when registering their business. The list of them looks impressive:
- mandatory licensing procedure;
- choice of the form of economic activity;
- communication with public authorities in Portuguese;
- compliance with the organizational structure;
- selection of a partner accountant;
- translation and legalization of documents;
- finding a competent lawyer and not only.
In Brazil, there are strict requirements for legal entities' staff. Many of the staff must be nationals or foreigners with a residence permit.
Businesspeople planning to invest in the state economy should take into account a large number of additional nuances:
- investment amount depending on the industry;
- office upkeep costs;
- immigration lawyer fees.
It will be extremely difficult for a non-resident to solve all issues on his own and not to get soaked into a bureaucratic haze. Therefore, the best way out of the situation will be to ask specialists.