Business Basics in Brazil  

Oleh:

James, Gary

Jenis: Article from Bulletin/Magazine
Dalam koleksi: Journal of Accountancy vol. 212 no. 5 (Nov. 2011), page 34-41.
Topik: Corporate Finance; Foreign Operations of US Corporations; Foreign Investment; Corporate Taxes
Fulltext: Business Basics in Brazil.pdf (83.4KB)

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Perpustakaan Pusat (Semanggi) Nomor Panggil: JJ85.31 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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In an interview, Eduardo Pestarino, regional executive, The Americas, Crowe Norwath International, and Jose Bendoraytes, managing partner, Horwath Bendoraytes Aizenman & Cia., talked about foreign business opportunities in Brazil. Pestarino and Bendoraytes said a foreign company can apply to open branches in Brazil by submitting an application to the Brazilian government. The process of registering a new business can be lengthy, since it involves as many as 15 different procedures. However, Brazil's legal system is effective, and companies can expect fair resolutions of disputes. Provisional measures established the RTT (Transitory Tax Regime) in 2009 in order to neutralize the impact of new IFRS accounting methods, given that pre-IFRS tax rules still apply in the country. Americans interested in doing business in Brazil need to recognize the importance of developing good relationships, which takes time. Credit is currently abundant in Brazil, but interest rates are extremely high compared to the US.

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