Market: +211.7 million people
Growth Projection by 2021: 2.5%
Main Characteristics:
Limits for Foreign Shareholders |
Main Tax Rates |
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34% (Combined Nominal Rate) |
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Dividends derived by Brazilian companies are not subject to income tax. |
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Social Security (INSS): 20% (employer) / 8%-11% (employee)
Unemployment Fund (FGTS): 8% Other Social Security Taxes (INSS): up to 8% |
|
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20%: Federal Average Rate |
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Fully Allowed |
Growing Industries and Market Opportunities |
Agricultural Equipment and Services |
Architecture, Construction and Engineering Services |
Airports
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Renewable |