06 Dec

Investing in your own company is one of the most lucrative types of investment. Everybody intends to start something that will succeed both in giving them money and making an impact on the society. There are however different rules and regulations that you need to follow when starting a company depending on the country you are in. In Brazil, it is really easy to start your own company and succeed. You are however required to follow some rules when you start your company in this country so as to ensure that your company is registered correctly. Some of the factors to consider when starting a company in Brazil have been discussed below.

You have to register your company with a unique name. In this country, all companies are registered under the state government, hence the uniqueness of the companies' names ensure that there is no company that takes credit over the other company with the same name. Therefore you will need to go through the correct channels so as to ensure that the name of your company is unique.

The second factor is that your company should have two directors in minimum. You should therefore not register your company as a sole director company. Additionally, your company should have a manager who resides in the country. This ensures that the company will have good management and succeed. The country, however, has no restrictions on the nationality of the directors or the manager, hence even foreigners can start and register their company. Moreover, you should ensure that you have a physical office in Brazil where the legal documents of your company will be kept and official meetings held. You will however not be required to travel to the country so as to incorporate your company.

You are not required to have a set minimum capital so as to start a company in Brazil. This comes as an advantage since many people have challenges with getting enough capital to start a business. This rule, therefore, welcomes anyone who is willing to start a company despite their starting capital. Get to know also about company incorporation Brazil.

Lastly, in order to ensure security and credibility, all the directors and shareholders will be required to present their passports to the foreign authorities as proof of their identity. This acts in the benefit of both the company and the country since if anything bad happens in the company, the authority will be able to help, and the authority will also country ensure that they know the people investing in the country. Learn more about business from company formation Brazil.

View more info on this link: https://www.encyclopedia.com/social-sciences-and-law/economics-business-and-labor/economics-terms-and-concepts/incorporation

Comments
* The email will not be published on the website.
I BUILT MY SITE FOR FREE USING