People sometimes want to register in other jurisdictions for reasons such as:
- (1) minimum director requirements;
- (2) favorable corporate taxes;
- (3) employer or corporate incentives for hiring locally, among others.
The article Brazil: Establishing A Company In Brazil discusses the method in which a foreign company may establish itself in Brazil, either through a branch or subsidiary.
The article suggests that establishing a presence in Brazil through subsidiary is more common. Limited liability companies and corporations are the most common approach to establishing a subsidiary. The article further discusses the steps to incorporation and the difference between LLC and corporations.
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