Updated October 2026 · Legal review: Isadora Rizzi, lawyer (OAB/PR 75.878)
Foreign individuals and companies can open a company in Brazil, become partners in Brazilian companies or open a branch. The process requires some specific steps for non-residents.
Which company types are most used?
- Limited Liability Company (Ltda.): the most common, with liability limited to the capital.
- Single-Member Limited Company (SLU): with a single partner and no minimum capital.
- Corporation (S.A.): for larger structures or with investors.
- Branch of a foreign company: requires federal government authorization.
Do I need a Brazilian partner?
No. But a non-resident foreign partner needs a representative in Brazil with powers to receive service of process, and the company needs a director residing in the country.
Step by step
- CPF (individual) or CNPJ (foreign company partner).
- Choice of legal form and articles of association.
- Registration with the Board of Trade and issuance of the CNPJ.
- State and municipal registrations, depending on the activity.
- Registration of foreign capital with the Central Bank.
Why register foreign capital?
Registering the foreign direct investment with the Central Bank allows profits to be remitted and capital repatriated in the future, and it is a requirement for investor residence.
Learn about company formation in Brazil →
Legal basis
- Civil Code, arts. 1,052 and following; art. 1,134 (foreign companies).
- Law No. 14,286/2021 (foreign exchange framework).
Frequently asked questions
How long does it take to open the company?
It depends on the state and on the foreign documents. Preparing the documents is usually the longest step.
Does the company need an address in Brazil?
Yes, a registered office or business address is required.
Does opening a company give me residence?
It can, if the investment reaches the amounts set by CNIg Resolution No. 13/2017.