How to identify your Core Business?3 de May de 2021
Foreign Capital is responsible for the “nationalization” of foreign companies and individuals who wish to participate in the capital of national companies.
For example, if a multinational company based in another country, sends machines to its branch in Brazil, which will be put on the production line to increase the capacity of the factory, these machines are considered foreign capital. On the other hand, if this company sends products ready just to be sold in a mall here, there will be no production and, therefore, it is not foreign capital. Therefore, the priority is that they are intended for application in economic activities.
With this, Conmax takes care of their records at the Central Bank of Brazil and the Federal Revenue of Brazil, in addition to the preparation and other procedures of the Brazilian company, in the various agencies. It is also responsible for the entire registration of the foreign exchange transactions of these companies in the SISBACEN – System of the Central Bank of Brazil.
This service is ideal for:
. Support for tax issues involving international transactions;
. Dividend distribution or capital reduction planning for non-resident investors in Brazil;
. Support for mergers, divisions and mergers, aiming at the purchase and sale of companies, involving foreign investors;
. Assistance in relation to the registration with the Central Bank of foreign capital via direct investment in currency or goods, royalties and international loans;
. Tax due diligence and setting up a company’s purchase operation;
. Tax consultancy applicable to foreign capital, considering international treaties signed by Brazil to avoid double taxation for your company;
Do you want to know more about it?
The Conmax Team performs the Foreign Capital Management service aiming at the efficiency and satisfaction of its customers! Be one of them too!