EUROPARTNER IS YOUR ONE-STOP-SHOP FOR COMPANY CREATION IN BRAZIL.
Finding a trusted local shareholder representative and a company administrator in Brazil is usually the most crucial task for foreigners who intend to open a company in Brazil.
The Brazilian law states that each foreign shareholder of your company must be represented by a Brazilian or someone with a permanent visa. Moreover, your company must appoint a local nominee-director, called an administrator. Choosing the shareholder representative and the administrator to represent your business is the next step to the formation of your company in Brazil. The legal representation is essential for the development of your business in our country.
The company administrator is the person who will legally answer for all actions that the company carries out in Brazil. The administrator doesn’t need to own shares of the company, he or she is simply named in the by-laws. According to Brazilian law, the company administrator must either be a Brazilian citizen or have permanent Brazilian visa.
Europartner can provide you with a nominee-director for your company in Brazil, through a mandate. An administrator of Europartner is named in the by-laws of the company, but he is neither implied in the operational nor technical management of the company.
All foreign shareholders in a Brazilian company – be they legal or physical entities – must be represented by a Brazilian or by someone with a permanent visa. A Europartner assumes the legal responsibility to represent the foreign shareholders of your company through the power of attorney. This representative cannot act without explicit instruction from the shareholders.