Legal updates and changes, regulatory updates, industry reviews, legal advice, accounting advice, Q&A with experts, and more.
To carry out financial transactions in the country, notably the receipt of amounts and the payment of suppliers and employees, each company must have a corporate bank account in Brazil. The process of opening a corporate bank account in Brazil is usually quite simple. However, this process must respect the minimum requirements determined by the Central Bank of Brazil. This is the public entity responsible for the regulation of bank accounts. Learn how to open a corporate bank account in...
Find out the essential elements for corporate tax planning strategies and how your company can make the most of them to reduce liabilities and improve profitability. Businesses and multinational entities must remain compliant with the law administered across all countries they operate within. Depending on tax agreements and arrangements between jurisdictions, this can make for a complex tax compliance burden to bear, especially for foreign companies unfamiliar with these markets. What is tax...
Find out when you need a Legal Representative in Brazil for your expanding company. One of the biggest challenges for foreign business owners is there is no need for a physical presence in Brazil. However, they must also be concerned with measures and decisions that must be taken locally during the development of the new business in Brazil. It is important to mention that government authorities may require compliance with certain requirements regarding the legal representation of foreign...
Our professionals report notable regulatory updates for July 2020. Biz Latin Hub’s team of legal and accounting specialists operating across all key markets in Latin America report the following notable regulatory updates for July 2020 in Bolivia, Brazil, Chile, Costa Rica, Guatemala, Mexico, Panama, Paraguay, and Uruguay. We support foreign companies in Latin America comply with all corporate regulatory compliance obligations to ensure their success in new markets. For more information on how...
Economies in Latin America are changing rapidly. One important regulatory development for many countries in the region is digital tax, because it captures services delivered online or electronically. The OECD claims that Latin American economies are making real progress to address the tax challenges arising from the digitization of the economy. This international entity also expects that further digital tax developments in Latin America provides stability and certainty in the international tax...
As Brazil is the largest economy in Latin America and is a key gateway to doing business in other neighbouring nations, accelerating productivity growth is one of Brazil's top priorities. We recommended outsourcing your corporate secretarial services in Brazil, as it is the best way to comply with the requirements of both international and local law, while ensuring the positive reputation of your company. Learn how a local partner can ensure you comply with local and international legislative...
Our professionals report notable regulatory updates for June 2020. Biz Latin Hub’s team of legal and accounting professionals based across Latin America report the following notable regulatory updates for June 2020 in Argentina, Brazil, Chile, Costa Rica, Ecuador, El Salvador, Mexico, Panama, Peru, and Uruguay. In our regulatory update series, we report on legal and other reforms that could significantly impact businesses in Latin America. Note that this not an exhaustive list of all...
The Southern Common Market (MERCOSUR) brings new trade deals and negotiations to its participating countries Argentina, Brazil, Paraguay, and Uruguay. Its goal is to generate business and investment opportunities. It has driven agreements with other countries, and the so-called Associated States, which lead to meetings and activities between those South American countries. on top of that, MERCOSUR has also brought commercial and political partnerships with countries all over the world. We...
In June 2020, the Biz Latin Hub team launched a survey asking for information about individuals’ perceptions about doing business in Latin America. In June 2020, the Biz Latin Hub team launched a survey asking for information about individuals’ perceptions about doing business in Latin America. We received a range of responses from 75 business owners, executives, government officials and other specialists operating in over 40 countries worldwide. 57.3% of respondents are considering expanding...
Understand how to manage your business risks with due diligence in Brazil. Brazil's favourable conditions for doing business and consumer market size attract many multinational companies looking to expand into Latin America. Brazil has several legal peculiarities that impact companies' way of doing business that they must be aware of. Additionally, it is important for companies to accurately understand and make informed decisions on the level of risk they face when engaging new partners or...