Last Updated: July 08, 2025

Brazil is the world’s tenth largest and the largest economy in the LATAM region. Its economy relies on services, agriculture, manufacturing, and mining industries. The Brazilian government promotes foreign investment, and the US is Brazil’s largest source of foreign direct investment. Additionally, the US is Brazil’s second-largest trading partner. The nation’s open and diverse economy has developed flourishing trade relationships with over 100 countries.
Capital City
Brasilia
Language
Portugese
Currency
Brazilian Real (RL)
Business Hubs
Brasília, São Paulo, Rio de Janeiro, Belo Horizonte, Porto Alegre
Unlock growth opportunities in Brazil with Cerity Global as your trusted partner. We offer end-to-end support for establishing your legal entity, navigating Brazil’s often complex regulatory landscape with clarity and efficiency.
From company registration to ongoing back-office support, including HR, payroll, benefits, accounting, tax and compliance, Cerity Global simplifies the process so you can focus on growing your business.
Need to hire quickly before your entity is set up? We offer interim EOR services in Brazil, enabling you to onboard talent fast. Once your entity is established, we ensure a smooth transition of your employees from the EOR structure to your own legal entity, without disrupting payroll or compliance.
Our experts stay ahead of regulatory changes to keep your operations aligned with Brazil’s employment and tax laws, helping you scale confidently and compliantly.
Also known as limited liability company, it is the most common business structure with limited liability for shareholders, Limitada requires one natural person or more than two partners who can be individuals or entities. This structure is flexible and suitable for most business activities.
A joint-stock company similar to a corporation, this structure is suitable for larger businesses planning to raise capital or go public. It requires a minimum of two shareholders and has more complex governance requirements including a board of directors. This structure is preferred for companies with significant capital requirements or those planning future public offerings.
At least one administrator (director) must be a Brazilian resident or a foreigner with permanent residence in Brazil. The administrator can be a shareholder, or a third party appointed by the shareholders.
Must have a board of directors with at least three members, with the majority being Brazilian residents or foreigners with permanent residence in Brazil. Also requires a supervisory board (conselho fiscal) if certain thresholds are met.
Bank account setup in Brazil follows a specific process that must be coordinated with entity incorporation:

Cerity Global supports companies in their global expansion plans and helps in legal entity setup, registration and ongoing support services. With us, you can quickly set up a legal entity, operate compliantly, and expand globally. The process typically takes a few days to a week, depending on the bank.
Reasons you should setup legal entity in Brazil:
Cerity Global ensures your business expansion in Brazil is fast, compliant, and future-ready, so you can focus on growth while we manage the back-office tasks.
Economic figures are subject to change based on quarterly reports and market conditions.
Cerity Global combines deep local knowledge with proven expertise to make your Brazil business establishment effortless and compliant. Whether you’re looking for legal entity setup and registration or ongoing support, we’re your trusted partner for sustainable global expansion in Brazil.
Disclaimer – The information provided is for informational purposes only and does not constitute legal, business, or tax advice. Entity setup requirements, tax rates, and economic data are subject to change and may vary by location.
To discuss your needs and how we can help you achieve a compliant and efficient expansion.