Last Thursday (10), a survey presented by the Brazilian Institute of Geography and Statistics (IBGE) revealed that the service sector in Brazil ended the first
As it is controlled by the Federal States, the rate of Imposto sobre Circulaçao de Mercadorias e Serviços (“ICMS” or Tax on Commerce and Services)
Overview: The PIS (Program of Social Integration) and COFINS (Contribution for the Financing of Social Security) are federal taxes based on the turnover of companies.
The desire of many companies is to become a “Unicorn”, which means reaching a valuation of 1 billion dollars before going public on the stock
Conditions: This is a simplified calculation of taxable income. This regime is only possible for companies that do not have to select the REAL
Employer of Record (EOR) refers to a service provided by specialized companies to handle employee administration and compliance with labor and tax obligations on behalf
Overview: Labor law is governed by a code called the CLT (“Consolidaçao das Leis do Trabalho”). The INSS (National Institute of Social Security) manages
According to information released by the Brazilian Institute of Economics of the Getulio Vargas Foundation (Ibre/FGV), Brazil’s Gross Domestic Product (GDP) increased by 2.5% in
Since it is controlled by the Federation, the IPI rate is identical throughout the Brazilian territory, but varies according to the product. SCOPE The IPI
Conditions: This method is an option for small and medium-sized enterprises. It is easy to apply and the tax rates are relatively low. Many conditions
Brazil’s tax system has long been a labyrinthine challenge for businesses, notorious for its complexity and inefficiencies. Recent developments suggest that while reform is on
The Brazilian Ministry of Finance, through its Secretariat of Prizes and Betting (SPA), has introduced five ordinances to regulate the fixed-odds betting market. Published between
In Brazil, the iGaming sector, encompassing sports betting and online gaming, is facing significant challenges due to the high tax burden and proposed reforms. Currently,
BPC Partners is recognised within the International community based in Brazil, as one of the key specialists in professional services tailored for European, North American and Asian companies.
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