South America
Consumer and B2B SaaS targeting LatAm scale, Brazil
215M population with Portuguese as the single working language unlocks regional dominance. CBS+IBS dual VAT reform (EC 132/2023) is transitioning 2026 to 2033, simplifying the historically baroque indirect tax mesh. Ltda is the standard vehicle, S.A. for VC funded.
215M marketCBS+IBS reformLtda / S.A.
Start setup {placement} 4 min · no card required
Corp tax
34%
Fastest setup
8 weeks
Tax treaties
36
Region
South America
What you'll need
- No resident director required
- Local registered office required
- Economic-substance test applies
- Minimum capital: BRL 1
- Administrative language: Portuguese
- Legal system: Civil law
Tax and treaty profile
- Corporate tax 34%
- Tax treaties 36
- VAT rate 17%
- Withholding on dividends 0%
Key treaty partners
FranceGermanyNetherlandsSpainSingaporeUnited Kingdom
Banking and payments
- Banking takes 2 to 4 weeks with KYC
- Stripe supported
- Wise supported
- EMI license framework available
Considerations
If you want light touch administration
Brazil's tax and labour compliance load is among the heaviest globally. Procurador appointment is mandatory for non resident shareholders, and CNPJ plus RDE-IED filings at Banco Central add friction.
CNPJRDE-IEDProcurador required