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Challenges doing business in Brazil

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Challenges doing business in Brazil

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Brazil has enormous potential for UK companies, but it will take time, money and effort. Challenges include:

  • Complex tax system with high taxes
  • Complex regulatory system
  • Local content laws in certain sectors
  • Long journeys between cities and states, where cultures can vary significantly
  • A lot of importance is put on personal contact so you may need to visit several times before securing a deal
  • Ranked 76 in the Transparency Internationalís corruption perception index (CPI)
  • Ranked poorly in World Bankís ease of doing business index
  • Organised crime is a significant problem in some parts of Brazil

Read the Overseas business risk report for Brazil.

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