Doing Business in Brazil From a Tax Perspective

Paloma Mansano, Latin America Legal Counsel, Bentley Systems, Incorporated, Brazil

For some years Brazil has been the option of some multinational companies when establishing their first presence in Latin America. As any another country, Brazil has its peculiarities such as a complex legal system, taxation regime and language, blended to a lot of benefits. Well, one thing is for sure: first, these companies must learn how to deal with the challenges encompassed in this decision, especially the taxation matter. Latin America is a group of countries located in the Western Hemisphere, which population may speak Spanish, French or Portuguese. That´s the land in which Brazil is part of. Brazil is the largest country in Latin America in terms of area and population. We are talking about 8.5 million square kilometers, which over 7 thousand is coastline and over 208 million people. That´s the reason why Brazil is the world's fifth-largest country by area and the sixth-most populous. So that, it is not a surprise to say that this huge country called Brazil covers 47.3% of the continent's land area and, as a great consequence, it is a place with a unique environmental heritage that makes itself one of 17 megadiverse countries.

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Brazil Taxation Engineering March 2018 Vol.11, No. 42, Winter 2018

Paloma Mansano

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Paloma Mansano, Latin America and West Europe Legal Head at Bentley

Bentley Systems, Incorporated

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Bentley is a global leader dedicated to providing engineers, architects, geospatial professionals, constructors, and owner-operators with comprehensive software solutions for advancing infrastructure. Founded in 1984, Bentley has more than 3,000 colleagues in over 50 countries, more than $600 million in annual revenues, and since 2011 has invested more than $1 billion in research, development, and acquisitions.

Brazil Taxation Engineering March 2018 Vol.11, No. 42, Winter 2018
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