Brazil: a complex but rewarding investment destination

Why Brazil?

With more than 210 million inhabitants, Brazil is the largest country by territory in South America. It is also the world’s eight-largest country by nominal GDP (2017), and still the largest in Latin America by far, providing an enticing gateway to the Latin region.

Brazil is a member of several global economic organisations, such as MERCOSUR, UNASUL, G8+5, G20, the WTO, and the Cairns Group. Combined with the recent rise of the middle class and the size of its consumer market, these memberships are attracting companies from all over the world to invest in Brazil.

However, business rules in Brazil are complex and require a clear understanding of the local rules and regulations. In order to operate locally, companies must be aware of federal, state and municipal taxes - which can be more complex than those in other countries in the region - and must pay special attention to the hiring process, as complex labour laws may be difficult to understand for foreign companies. So, in order to succeed in Brazil, it is essential to have a local partner who has experience in operating within the country’s complex business framework.

TMF Group in Brazil

Present in the country since 2006 and working with more than 400 clients, TMF Brazil can provide a full range of services to match your company’s requirements, either while entering the market or streamlining current operations in the country.

Acquiring the PwC outsourcing company 2015 turned the Brazilian operation into the biggest TMF Group branch globally, and made us the largest BPO provider in Brazil.

Our team of experts can support companies of all sizes and types, local or international. We have more than 700 staff prepared to meet our clients’ needs for accounting, tax, treasury, payroll, structured finance, trust and corporate services, corporate secretarial, compliance and information technology solutions.

Our full range of services include:

  • Accounting and Tax services: We take care of local statutory bookkeeping, full consolidated accounts and management reporting to relevant local and international standards. We also help you manage your tax and reporting obligations.
  • Corporate Secretarial services: We can take care of recurring compliance filings, manage routine corporate changes and retrieve any official corporate documents from official registries.
  • Governance services: We help you stay compliant, manage your risk and regulatory obligations, including your filling requirements for CRS, FATCA, KYC and BEPS related regulations.
  • HR and Payroll services: We help you to apply and implement international policies in employment contracts and handbooks, and pay your staff in compliance with local law.
  • Structured Finance services: We help to make sure the establishment, operation, and management of your structured finance vehicles (such as SPVs, CLOs) run smoothly.

Local services:

  • Escrow services
  • Information technology services
  • Client legal and compliance operations – CLCO
  • Collateral agent
  • Paying agent
  • Administrative agent
  • eSocial

How we can help with eSocial?

TMF Group has specialised professionals to help your company adapt its processes to the eSocial requirements, as well as to ensure that it makes good use of the advantages that the new obligation can bring from an organizational, cultural and business standpoint.


Our services can help companies of all sizes, whether it is in their home market, entering a new country or whether they need support to streamline existing operations.

Contact us to get to know more about our services in Brazil and how we can help you focus on your core business.

To find out exactly how we can help you, speak to our experts

We deliver tailored solutions to each precise location that allow you to operate smoothly from day one.

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