Also in the news...
Brilliant Borders: Kenya's Customs goes digital
A new app will save time and money for big businesses and small traders alike, as a longstanding Kenya-UK partnership further improves cross-border trade.
Yorkshire family brewery taps into new export opportunities with Government guarantee
UKEF support helps Wold Top brewery to expand its exports into new markets.
Bond Support Scheme
Find out about the Bond Support Scheme - how it works, its benefits and how to apply.
UK and African business leaders arrive in Togo to create trade and investment deals
The event brings together delegations from ten African nations alongside leading UK companies and investors to advance partnerships that promote economic growth and jobs.
Countering sanctions evasion: guidance for freight and shipping
For freight forwarders, carriers, hauliers, customs intermediaries, postal and express operators, and other companies facilitating the movement of goods.
Challenges doing business in Brazil
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 International’s corruption perception index (CPI)
- Ranked poorly in World Bank’s ease of doing business index
- Organised crime is a significant problem in some parts of Brazil
Read the Overseas business risk report for Brazil.
