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Brazil

At a glance

  • Capital

    Brasília

  • Currency

    Brazilian Real (R$, BRL)

  • Official Languages

    Portuguese (official and national language)

  • Population Size

    217,240,060 (2022)

  • Ease of doing business

    Moderate

  • VAT

    State VAT is between: 17% - 20% Excise Federal tax is between: 5% - 30%

About

As the largest economy in South America, Brazil holds a dominant position in regional and global markets. With a population exceeding 205 million, it is the world’s fifth most populous nation and a key member of the influential BRIC economies alongside Russia, India, and China. High-profile events such as the FIFA World Cup and 2016 Olympics have solidified Brazil’s global presence and modernized its infrastructure—making it a strong candidate for global expansion.

Despite the strong economic potential, entering the Brazilian market can present complex compliance challenges. Employers must navigate intricate labour laws, multi-layered tax systems, and potential permanent establishment risks.

Mauve Group, through our fully owned local entity in Brazil, offers tailored support for companies expanding into the region. Our Employer of Record (EOR) services simplify hiring and onboarding without requiring you to set up a local entity. We also offer fully compliant global payroll solutions, localised salary benchmarking tools, and expert guidance on business compliance to help you attract and retain top talent in Brazil.

From managing a global workforce to ensuring smooth market entry, our solutions are designed to reduce risk and increase operational efficiency. With over 28 years of experience and a strong in-country presence, Mauve is your ideal partner for HR consulting services in Brazil and across Latin America.