Investing in Brazil

A Q&A guide to investing in Brazil.

This Q&A gives an overview of the key factors affecting inward investment, including information on the jurisdiction’s legal system; key laws and regulatory authorities; investment restrictions; and details of international treaties, customs and monetary unions. The guide also provides information on investor individuals; visa permits; restrictions on foreign ownership; transfer pricing and thin capitalisation rules; imports and import duties; safety regulations and standards for commercial goods and services; structuring and tax incentives; investment guarantees; recent developments and proposals for reform.

To compare answers across multiple jurisdictions, visit the Investing in… Country Q&A tool.

This Q&A is part of the Investing in…Global Guide. For a full list of contents, please visit

The market

1. How does your jurisdiction compare internationally as a destination for inward investment?

Brazil offers an attractive destination for foreign investment. It is the ninth largest economy worldwide, the fifth largest country in area, the fifth largest in population (with a domestic market of 200 million people), and has the fourth largest internet market worldwide, with 140 million users (an important asset in a digital innovation environment).

In 2019, according to the Organisation for Economic Co-operation and Development (OECD), Brazil received about USD75 billion in foreign direct investment (FDI), only behind the United States, China and Singapore in terms of FDI inflows, accounting for more than 50% of the FDI flow in Latin America. Brazil has a strategic geographic position, bordering nine countries in South America, with several competitive global companies using it for their Latin American headquarters (continue)...

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Article by Ricardo Barretto Ferreira, Azevedo Sette Senior Partner. Other contributors: Alessandra Lima Ganz, Alessandra Martins de Souza (partners), Juliana Sene Ikeda, Danielle Chipranski Cavalcante, Fabio Capelletti, Ingrid Bandeira Santos, Juliana Petrella Hansen, Helena Virgili, Lorena Pretti Serraglio, Maristela Ferreira de Souza Miglioli, Stefania Mariotti Masetti and Stefania Acerbi Manfrin, Camila Sabrino del Sasso, associate lawyers at Azevedo Sette Advogados

Azevedo Sette Advogados