Financial and Fiscal services

Every kind of foreign capital that is invested in Brazil must be registered in the form of ‘Investment of Foreign Capital’ at the Central Bank of Brazil (“Banco Central do Brasil”). This is done through an electronic system via the Banco Central, called Sisbacen. The Sisbacen registration ensures that sending back capital/dividends/profits to the home country can be done in a more financially advantageous way. Belofloripa’s consultants are specialists in the registration of legal or natural persons within this electronic system and the subsequent registration of foreign capital.

Specifically for Brazil

The Imposto de Renda is the tax return that must be submitted to the Brazilian government for both a natural person (“Pessoa Física”) and a legal person (“Pessoa Jurídica”). However, filling in this Imposto de Renda is not always simple. This is partly due to the language barrier, and partly due to a lack of knowledge of local legislation. Belofloripa consultants can prepare and submit the tax returns for your Brazilian company.

Specificially for Brazil

Before a branch can be set up in the target country (Establishing a branch), an accurate estimate of all the costs is necessary to ensure the financial success of this new company. A feasibility study provides a complete overview of the start-up and overhead costs, from administrative set-up costs to staff costs. Based on this study, important decisions can therefore be made as regards market entry strategy, corporate and company structure and future investments.

The team has extensive knowledge in these areas and specialises in carrying out tailor-made feasibility studies with an emphasis on the tax system and local law.

Specifically for Brazil

Before entering into a partnership with a local partner, signing a contract with a buyer or thoroughly analysing competitors, it can be useful to look into the solvency of the company in question. Belofloripa consultants are experienced in carrying out due diligence studies, in which a full profile of the relevant company is created. A due diligence study not only focuses on the financial side of things, but also reveals whether the company correctly complies with working regulations and local legislation. This due diligence study equips you with a much more transparent view of the situation, enabling you to make a series of key decisions.

Service for Belgium, Brazil, Mexico

In order to be allowed to open a bank account in Brazil, an individual must fulfil a number of conditions. For example, one requirement is a CPF-number. Belofloripa has the necessary knowledge to make this process run more smoothly, so that the necessary documents can be requested to enable your company to quickly open a bank account. For companies that do not have an administrator on the ground, Belofloripa can also take care of the subsequent management of the bank account (company administration).

Specifically for Brazil