Investor Presentaiton
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TAXATION OF FINANCIAL CAPITAL
INPUT:
Resources entering Brazil as foreign direct investment (FDI) are not subject to taxation.
However, investment as a loan is subject to the Financial Operations Tax (IOF).
REMITTANCE ABROAD:
Profits and dividends, when repatriated abroad, are exempt
from paying Income Tax (IR7) if the amount is equal to that
registered with the Central Bank of Brazil. The amount that
exceeds what was registered will be subject to income tax,
the fee is between 15% and 25%, excluding cases where
the shipment goes to countries that have applicable tax
agreements with Brazil.
VISAS
Profits obtained from foreign investment can be reinvested
in Brazil, however, they must also be registered as foreign
capital with the Central Bank of Brazil and, from then on,
will become part of the tax calculation base levied on
future divisions of the capital.
The issuance of visas in Brazil is related to the nature of the foreigner's trip and stay in the country. To apply for a visa,
simply visit the Ministry of Foreign Affairs Website and follow the steps recommended on the website: http://www.
portal consular.itamaraty.gov.br/vistos#precisa.
TYPES OF VISA
• VISIT VISA: granted to those who stay in Brazil for up to 90 days without migrating or exercising a remunerated activity.
⚫ DIPLOMATIC VISA: granted to authorities and employees traveling to Brazil on an official mission.
⚫ OFFICIAL VISA: granted to foreign administrative employees who travel to Brazil on an official mission, of a transitory
or permanent nature, representing a foreign government or an international organization recognized by the Brazilian
Government; or to foreigners who travel to Brazil under the official seal of their States.
⚫ COURTESY VISA: granted to foreign personalities and authorities on an unofficial trip to Brazil; companions, dependents, and
other family members who do not benefit from a Diplomatic or Official Visa for a family reunion; Foreign Mission workers based
in Brazil or the Ministry of Foreign Affairs; foreign artists and athletes who travel to Brazil for a free and eminently cultural event.
• TEMPORARY VISA: this visa can be valid for up to 1 year and allows multiple entries to the country within this period.
Foreigners must follow one of the situations described to receive the visa: academic research, human reception, health
treatment, work, and investment use.
•
⚫ INVESTOR VISA: The granting of a temporary visa for investors is conditioned to the residence permit issued by the Ministry
of Labor and may be given to the immigrant administrator, manager, director, or executive with management powers, who
comes to the country to represent the investing company.
⚫ MERCOSUR CITIZENS: Nationals of the signatory States of the Mercosur Residency Agreement (Argentina, Bolivia, Chile,
Colombia, Ecuador, Paraguay, Peru, and Uruguay) can obtain temporary residency in Brazil for up to 2 years. After this
period, the temporary residence can be transformed into a residence for an indefinite period, a procedure that must be
carried out with the Federal Police.
FONTES
▷ Brazilian Trade and Investment Promotion Agency (Agência Brasileira
de Promoção de Exportações e Investimentos - Apex-Brasil)
Minas Gerais Creative Industry Development Agency (Agência de
Desenvolvimento da Indústria Criativa de Minas Gerais - P7 Criativo)
InvestMinas (Agencia de Promoção de Investimentos e Comercio
Exterior de Minas Gerais - Invest Minas)
▷ National Mining Agency (Agência Nacional da Mineração - ANM)
▷ National Electric Energy Agency (Agência Nacional de Energia
Elétrica - ANEEL)
Brazilian Textile and Apparel Industry Association (Associação
Brasileira da Indústria Têxtil e de Confecção - ABIT)
▷ Brazilian Photovoltaic Solar Energy Association (Associação Brasileira
de Energia Solar Fotovoltaica - ABSOLAR)
▷ BH Airport
▷ Comex Stat (Ministério da Indústria Comércio Exterior e Serviços MDIC)
▷ Minas Gerais Development Company (Companhia de Desenvolvimento
de Minas Gerais CODEMGE)
▷ Minas Gerais Gas Company (Companhia de Gás de Minas Gerais -
GASMIG)
▷ Minas Gerais Sanitation Company (Companhia de Saneamento de
Minas Gerais COPASA)
▷ Minas Gerais Energy Generation, Transmission, Distribution and
Commercialization Company (Companhia Energética de Minas
Gerais - CEMIG)
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AV. DO CONTORNO, 5.456, SAVASSI
BELO HORIZONTE, MINAS GERAIS
▷ Diário do Comércio
Agricultural Research Company of Minas Gerais (Empresa de
Pesquisa Agropecuária de Minas Gerais - EPAMIG)
▷ Agriculture Federation of Minas Gerais (Federação da Agricultura de
Minas Gerais FAEMG)
▷ State of Minas Gerais Industry Federation (Federação das Indústrias
do Estado de Minas Gerais - FIEMG)
▷ Dom Cabral Foundation (Fundação Dom Cabral - FDC)
►Getúlio Vargas Foundation (Fundação Getúlio Vargas - FGV)
▷ João Pinheiro Foundation (Fundação João Pinheiro - FJP)
State of Minas Gerais Government
▷ Brazilian Institute of Geography and Statistics (Instituto Brasileiro de
Geografia e Estatística - IBGE)
▷ Ministry of Science, Technology and Innovation (Ministério da
Ciência Tecnologia e Inovações)
Ministry of Economy (Ministério da Economia)
▷ Belo Horizonte City Hall (Prefeitura de Belo Horizonte - PBH)
▷ State Secretariat of Agriculture, Livestock and Supply of Minas Gerais
(Secretaria de Estado de Agricultura, Pecuária e Abastecimento de
Minas Gerais SEAPA)
▷ State of Minas Gerais Department of Tourism and Culture (Secretaria
do Estado de Turismo e Cultura de Minas Gerais - SECULT)
▷ Skema Business School
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