Doing Business in Brazil October 4 2018 Doing

Doing Business in Brazil October 4, 2018

Doing Business in Brazil Economic scenario Economic Scenario Although there is an economic crisis derived from a political turmoil, Brazil is full of resources and opportunities, which will continue in the long run. Given the history of the economic ups and downs, the trend is now upward. However, we believe the vision must be in the long term. How much is worth to enter the Brazilian market now? The low-cost strategy is mandatory, always, but investments are required to get prepared, for planning and obtaining the adequate local support.

Doing Business in Brazil Economic scenario Economic Scenario Outsourcing is a rational option, once correctly coordinated. Labour law was reformed and confirmed by the Supreme Court. Tax planning is key. Uncountable benefits and structures will turn a venture feasible. Nevertheless, proper due diligence is necessary to confirm the rules for each state. There are far too many taxes and exceptions. Auditors’ support is always required. Lawyers, accountants, auditors, sales and marketing are professionals to safeguard the investments and the ongoing operations.

Doing Business in Brazil Economic scenario Cultural Aspects and Modus Operandi Brazilians don't say NO to a foreigner investor. Re-confirm and double check the information received is a must, preferably by independent sources. Critical thinking and strategic vision are essential for the local resources. Suspicious attitude towards local professionals is lethal to build trustworthy relationships. The team spirit and the feeling of belonging to the project/company are mandatory. The timing is different. Extend the length in time is recommended for all processes due to bureaucracy and red tapes.

Doing Business in Brazil Economic scenario Cultural aspects and modus operandi The excessive regulations require a close follow up of the compliance checklist. The discrete approach is the best message to the local market. The values of local relationships are based on realism and transparency, but are also intimate, social, friendly, informal, and emotional. The better is the understanding, the more significant is the trust, bringing loyalty and sincere feedback.

Economic Doing Business in Brazilscenario BRAZIL from 2019 to 2022 All in all, the moment is for investment, to take advantage of the opportunity. Once the circumstances are precise, the favourable moment might no longer prevail.

Doing Business in Brazil Thank You!

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