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Gabriel Jacintho : Brazil


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  1. Thank You Discovery Investment

    I have been trying to get a loan for some time now due to the large sum amount of the money to expand my business in Finland but i was unable to get a loan due to my credit score All other corporation/bank turned me down. Till i was introduced by start up overseas to Discovery Investment LOANS and i was able to get a loan from them without any delay. So i am using this opportunity to inform ev

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  2. Thank You Discovery Investment

    I have been trying to get a loan for some time now due to the large sum amount of the money to expand my business in Finland but i was unable to get a loan due to my credit score All other corporation/bank turned me down. Till i was introduced by start up overseas to Discovery Investment LOANS and i was able to get a loan from them without any delay. So i am using this opportunity to inform ev

    Total Posts: 1 Last post by blessing865631

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Ask the Experts: Gabriel Jacintho

Brazil Market Entry Expert

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Gabriel Jacintho

Brazil Market Entry Expert

Gabriel Jacintho, head of G.Jacintho/InterGest Brazil, has experience with International Accounting and Tax matters and has worked with some of the world’s best companies ( Arthur Andersen, PwC…).

Gabriel Jacintho is owner and founder of G.Jacintho Accounting & Tax Advisory. Gabriel’s experience includes public accounting, private industry, audit committees and arbitration.

Gabriel has also taught at international and national seminars on the core specialties of Accounting. Most recently, Gabriel was a co-writer of “Perícias em Arbitragem” - free translation: “Audits in Arbitration”, a book published in Brazil. Also, he is member of the Eurochamber - European Association of Chambers of Commerce.

Gabriel holds a bachelor degree in Business Administration from FGV, Fundação Getúlio Vargas, in São Paulo, Brazil.

+55 11 3124 2555

  1. Hi there I want to start up a shoes business in Brazil manufacturing shoes Nike like supplier and want to know to form a company in Brazil is this formation allowed ĎAVIDS international sa Question from Azar Mahmood on 17/09/2018

    Gabriel says:

    we must talk we did not understand the question. to open a manufacturing company in Brazil , yes it is possible , but we must discuss details my phone is 55 11 3124 2555 my skype is gabriel.gjacintho

  2. Dear Mr.Gabriel Jacintho , I'm Director for a one of the top rubber companies in the INDIA. We are seeking agent/distributors and Importers who would be interested in promoting our products in Brazil. We have over 200 products to choose from and we are the most generous when it comes to paying agent/distributors when they join our company. I would like to know if there is a market for our products in Brazil., if there is how would I go by promoting our business opportunity in the Brazil. Thank you and I hope to hear from you. Best Regards Apurva Patel Question from Apurva Patel on 07/08/2018

    Gabriel says:

    please inform the harmonizing code of the main products to check the tax rates.

  3. Hi, my client is looking to invest in your country, can you help with reputable companies that my client can invest . I wait to hear from you. You can email me directly through my email: Question from james cheatham on 04/05/2018

    Gabriel says:

    good morning Let have a talk by phone or skype gabriel.gjacintho i need more information.

  4. Hello Mr. Jacintho, My name is Michael Pelletz and I am the founder of the safest rideshare company in the world. We are expanding into countries across the globe and Brazil is very high on our list. We have opened franchises in Pakistan and across the US. In Sau Paulo, there are two companies that copied my idea and are having tremendous success. The opportunity is incredible. Would you be interested in connecting us with business people in Brazil who might be interested in helping us bring SAFR to Brazil? Feel free to email me anytime at You can learn more about us at Question from Michael Pelletz on 22/01/2018

    Gabriel says:

    let s have a talk by phone or skype gabriel.gjacintho sorry for the delay

  5. I would like to know all terms and conditions for setting up a company in Brazil. The activity of the company will be trading of agricultural products. Question from Maryam Azari Rad on 27/12/2017

    Gabriel says:

    Dear Marhoma,

    To be able to operate in Brazil, foreign companies must, first of all, establish a Company in Brazil, registering the Articles of Association in the Government agencies and obtaining a Corporate Tax Payer Number (CNPJ).

    There are two characters that are fundamental when opening a foreign company in Brazil:
    • Proxy Holder (Legal Representative)
    The proxy holder must be a Brazilian resident, who will sign on behalf of the foreign shareholders. To nominate the proxy holder, it is necessary to have a Power of Attorney (POA) from each foreign shareholder to be represented. Depending on the country of origin, the POA must be consularized at the local embassy.

    • Legal Manager
    The legal manager also must be a Brazilian resident. It will be the person signing on behalf of the Brazilian company, and will be the primary responsible in case of any liabilities.

    It is important to highlight that this procedure takes time, as all the documentation must be sworn translated and sent to Brazil. Therefore, it is important to plan ahead.

    Brazilian companies may be of three different natures:
    • Services
    • Trade (import/export/retail)
    • Industries

    Opening a service company would take around 30 days, after receiving the POAs properly registered and consularized, to be able to issue Notas Fiscais (official invoices issued through a Government System).

    Import, export, commerce and industry activities may take longer to be opened. Depending on the activity, it may take from 45 to 90 days, as they may need special licenses, such as RADAR (import/export license), CETESB (Environmental License), working permit, INMETRO (Quality and Technology Standards Verifying Agency), ANVISA (License to produce and trade products for human consumption), etc.

    In addition, it will be necessary to have a tax address to obtain the CNPJ; and, for industry and Trade companies, a commercial address is also required.

    After opening the company, you will need an accountant to run your monthly routines, which includes payroll, filing tax requirements, bookkeeping, etc., and to open a Bank Account. Opening a Bank Account to foreign owned companies in Brazil can be a very bureaucratic and time consuming process, taking up to 90 days to be fully operational.

    Considering the above, find below an estimate for our fees:

    Service Starting Fee
    Opening Company USD 2,000.00
    Proxy Holder (per foreign Shareholder) USD 400.00
    Legal Manager USD 1,200.00
    Tax Address USD 200.00
    Commercial Address (Santos) USD 400.00
    Monthly Routines
    (Accounting, Payroll, Tax and Cash Management) USD 1,500.00
    Bank Account opening USD 1,000.00

    Please, note that those are our starting fees. The fees may change depending on the type of company, location and amounts and volume of transactions. Each company must be studied individually.

    Our proposals do not include Government Agencies, brokerage, translation and other partners’ fees. Find below estimates of extra costs for Service, Import, Export, Commerce or Industry Companies:
    • Government Fees to Register the Articles of Association: USD 150.00
    • Digital Certificate Acquisition: USD 270.00
    • Sworn Translation: Approximately USD 500.00
    • City Hall Fee: USD 80.00
    • Approximate Total: USD 1000.00

    We cannot estimate the following Extra Costs for Import, Export, Commerce or Industry Companies, because we do not provide such services. This would have to be quoted with Third-Parties:
    • Brokerage Fees (RADAR Import/Export License)
    • CETESB – Government Environmental Agency
    • Working Permit
    • INMETRO – Quality and Technology Standards Verifying Agency

    These are estimates, and we will prepare formal proposals on a client basis.

    Caso tenha interesse, podemos agendar um telefonema ou conversa por Skype, para discutirmos melhor suas necessidades.


  6. Hi Gabriel I have a few clients in Brasil (Telefonica and Oi for example) and would like to establish regular business banking in Brasil to help service the business. Can I do this without establishing a Brasilian subsidiary and if so how? Thanks in advance for your help Dave Roberts CEO Barefruit Ltd Question from Dave Roberts on 27/10/2014

    Gabriel says:

    Dear Dave:

    Thank you for your message. We are glad to help you.

    Firstly, we would like to know if you have a Brazilian bank account already opened in Brazil.

    Can you also inform what kind of banking transactions you have in mind, and an idea on the volume of such operations?

    We could go over these matters on a conference call if this suits well.

    Looking forward to hearing from you.

    Thanks & regards,
    +55(11) 31242555

  7. Dear Gabriel, I would like to know which could be the best market entry in Brazil for an e-commerce company selling clothes from different other companies. With the high taxes there, it is better to export, to acquire a Brazilian company or what do you think is better option. Thanks Question from alan cam on 10/02/2014

    Gabriel says:

    Brazil offers great opportunities for ecommerce. Online sales for clothing are booming.

    Trends are converting Brazilian consumers into e-shoppers, and social commerce is extremely popular.

    Taking this into account, to acquire a Brazilian company could represent a very high investment, not to mention this process could take a long time.

    Foreign individuals and companies can set up a business in Brazil, and we can help you to understand the requirements to do so.

    As for tax burden, there will be federal, state and city taxes to be calculated.

    We can only talk about rates, when we have your business model, products description, the tax classification code (NCM), etc.

    It is also important to consider a comprehensive market entry study.

    We are ready to support you all along the way – starting with the market studies, opening the Brazilian company, getting licenses, taking care of your back office, tax compliance, invoicing, etc.

    Would you like to schedule a call so that we can get further information, and be able to present you our initial proposal?

    Kind regards,

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