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    Company Formation

    How to Open a Company in Brazil: Guide for Foreigners

    By December 20, 20247 min read
    How to Open a Company in Brazil: Guide for Foreigners
    Company Formation
    Lematt

    Opening Your Company in Brazil


    Before starting the process, it is essential to understand the full set of requirements to operate legally in Brazil and the need to appoint a company proxy to represent foreign shareholders.


    Brazil offers significant opportunities for foreign investors. However, the company formation process requires knowledge of local legislation and attention to various requirements.


    Types of Business Structures


    Limited Liability Company (LTDA)

  1. Liability limited to share capital
  2. Minimum of 2 partners (can be 1 with EIRELI)
  3. Most common and flexible

  4. Corporation (S.A.)

  5. For larger operations
  6. Minimum of 2 shareholders
  7. Greater administrative complexity

  8. Foreign Company Branch

  9. Extension of the parent company
  10. Requires government authorization
  11. Longer process

  12. Step-by-Step Formation Process


  13. Planning
  14. - Define company type

    - Choose activities (CNAE)

    - Define share capital


  15. Documentation
  16. - Articles of association

    - Partners' documents

    - Proof of address


  17. Registration
  18. - Commercial Board

    - Federal Revenue (CNPJ)

    - State/municipal registration


  19. Licenses
  20. - Operating permit

    - Sector-specific licenses

    - BACEN registration (if applicable)


    Requirements for Foreigners


  21. CPF for individuals
  22. Attorney resident in Brazil
  23. Minimum capital (in some cases)
  24. Apostilled documents

  25. Timelines and Costs



    Lematt offers complete advisory for company formation, handling all bureaucracy so you can focus on your business.


    After incorporation, it is essential to set up legal representation in Brazil with full legal security.


    Topics:
    Open Company in Brazil
    Company Formation
    Foreigners
    CNPJ

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