Brazil flag Brazil: Operating a Business in Brazil

Starting a business in Brazil

Legal Forms of Companies

Sociedade de Responsabilidade Limitada (SARL): Limited Liability Company
Number of partners: 2 partners minimum.
Capital (max/min): No minimum capital requirement.
Shareholders and liability: Liability is limited to the amount of capital contributed. Partners are also jointly liable for the company's commitments within the limit of the capital remaining to be paid up.
Sociedade Anônima (SA): Public Limited Company.
Number of partners: 2 partners minimum.
Capital (max/min): No minimum capital requirement.

10% minimum of the issue price of the subscribed shares must be paid up in cash.
Shareholders and liability: The partners' liability is limited to the amount of capital contributed.

General Partnership
Number of partners: 2 partners minimum.
Capital (max/min): No minimum capital requirement.
Shareholders and liability: The partners' liability is limited to the amount of capital contributed.
Sociedade em Comandita Simples (SCS): Limited Joint-Stock Partnership
Number of partners: 2 partners minimum.There are two types of partners - active partners and the silent partners.
Capital (max/min): No minimum capital requirement.
Shareholders and liability: The liability of the active partners is unlimited. The liability of the silent partners is limited to the amount of capital contributed as long as they do not participate in the management of the company.
The Competent Organisation
All necessary information is on the SEBRAE website. It is also possible to make an application for registration by Internet. It is advisable to call on a lawyer for assistance.
Company Directories
DNRC, Registro Mercantil
 
Setting Up a Company Brazil Latin America & Caribbean
Procedures (number) 11.0 8.0
Time (days) 16.6 25.2

Source: Doing Business, 2016

 
Business Setup Procedures
Consult Doing Business Website, to learn more about procedures to start a business in Brazil
Register of Commerce
Civil Register of Legal Entities

Find out more about Operating a Business in Brazil on GlobalTrade.net, the Directory for International Trade Service Providers.

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Latest Update: June 2022

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