4 Common Misconceptions About Brazil

There are a number of topics associated with forms and perceptions about Brazil that catch foreigners without warning particularly when they’re planning to arrange or already are within the course of to open their enterprise within the nation.Here are some misconceptions about brazil:

Primarily based on our expertise we determined to write this information to make clear four of probably the most common misconceptions that folks have when bringing their business to Brazil:

Salaries are Very Low in Brazil

It’s straightforward to think of Brazil as a rustic with low-cost workforce so this can be the most typical false impression of all folks planning to set up in Brazil. Simply to provide you an idea of the evolution of the salaries, the minimal wage elevated at an astonishing pace in the past years virtually doubling if in comparison with the figures from 2002.

Proper now the minimal wage is BRL 678,00. It’s price to notice nonetheless that the hole between completely different categories is large so you’ll hardly ever discover any worker with a bachelor degree in engineering that earns lower than BRL 3000. Salaries differ rather a lot from state to state, but for specialists, the wage could double and even triple.

Prime that with excessive social prices and an additional salary per year (the 13th wage) and will you have an idea of the annual value of a worker for the corporate.

Corporations might be Opened on a Blink of an Eye

In contrast to the method in the US or in most European countries where opening an organization is quick and usually require filling out a kind or two, the Brazilian company formation course of is way extra difficult and time-consuming. Totally different authorities, licenses, and <a href="http://onlyinbrazil.com/7-ways-decrease-taxes-import-products-brazil/">taxes</a> are concerned relying on the kind of firm you’re planning to open and it may take from one to 6 months earlier than your organization is working.

The truth that there may be foreigner presence in the firm also makes the method slower and dealer as a consequence of additional translations prices.

Rio de Janeiro is the Only Metropolis to be

Some folks are usually fooled by the standing that <a href="http://onlyinbrazil.com/city-tour-rio-de-janeiro-businessmen/">Rio de Janeiro</a> has a trip vacation spot considering that such standing also applies to business. We’re not attempting to say <a href="http://onlyinbrazil.com/cost-of-living-in-rio-de-janeiro-in-2016/">Rio de Janeiro</a> will not be a great place to ascertain your business, but you have to be conscious that there are different locations in the country with most potential and which will even provide incentives comparable to free plots of land so that you can construct your corporation or tax reductions.

<a href="http://onlyinbrazil.com/city-tour-sao-paulo-business-travelers/">São Paulo</a> continues to be thought of the business capital of Brazil and alone corresponds to 15% of the country’s GNP. Additionally, three-quarters of<a href="http://onlyinbrazil.com/low-cost-office-locations-sao-paulobrazil/"> all business occasions in Brazil</a> occur in <a href="http://onlyinbrazil.com/cost-of-living-in-sao-paulo/">São Paulo</a>. Manaus can also be an attention-grabbing place for electronics manufacturing business resulting from its free trade zone laws.

Get your Brazilian Paperwork in Brazil

Foreigners generally get overwhelmed by the amount of <a href="http://onlyinbrazil.com/personal-documents-of-a-brazilian/">documents</a> which are essential to staying in Brazil and probably the purest perception is that it will likely be simpler to acquire all paperwork as soon as they’re on Brazilian soil. That’s not all the time true.

Some paperwork, for instance, the CPF, can be obtained in the Brazilian Consulate so it values to examine with them if they will help you. You might be little more likely to get data in English from the authorities in Brazil, so apart from of getting the assist in your individual language, the Consulate is extra used to deal with request from foreigners.

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