South America · South America

Brazil

57moderate

Overall Score

Brazil is a South America jurisdiction. with a standard worldwide income tax regime applicable to tax residents. Corporate profits are taxed at 34%. The jurisdiction offers a digital nomad visa for qualifying individuals.

Talk to an expert on Brazil Compare jurisdictions

Corporate Tax

34%

Personal Income Tax

28%

Capital Gains

22%

VAT / GST

17%

Overview

Key Data

Taxation

Personal Income Tax (max)28%

Personal Income Tax (min)8%

Corporate Tax Rate34%

Capital Gains Tax22%

VAT / GST17%

Dividend Tax Rate0%

Withholding Tax25%

Territorial TaxationNo

Foreign Income Exempt—

Remittance-Based Tax—

CFC RulesYes

Tax Residency Days183 days/year

Tax Treaties—

Residency & Visa

Digital Nomad VisaYes

Golden VisaNo

Retirement VisaNo

Investment VisaYes

EU MemberNo

Schengen AreaNo

EU PassportNo

Min. Days Required / Year—

Min. Monthly Income—

Min. Investment (residency)—

Citizenship Path—

Setup Difficulty—

Business & Cost of Living

Cost of Living Index35/100

Avg. Monthly Cost—

Company Formation Time—

Formation Cost (est.)—

Annual Compliance Cost—

Free Zone AvailableNo

Banking Easegood

Internet Qualitygood

Compliance & Reputation

FATF Statuscompliant

EU Blacklist Statusnot_listed

OECD Compliance—

CRS Participant—

FATCA Compliant—

BEPS Participant—

Treaty Network Quality—

Personal Tax Residency

Tax residency in Brazil is generally triggered by physical presence exceeding 183 days in a calendar year. Foreign income treatment: unknown. Controlled Foreign Corporation (CFC) rules are in force. Residents who own or control foreign entities may face attribution of that entity's undistributed profits under local anti-avoidance provisions.

Income tax 7.5–27.5%. Digital Nomad Visa (Visto de Nômade Digital) since 2022. Currently no dividend tax (paid from after-tax profits); reform proposed. Corporate: 25% IRPJ + 9% CSLL ≈ 34%. Complex multi-layer tax system (ICMS, ISS, IPI). Large domestic market, 5th biggest economy.

Company Setup & Business Taxation

The standard corporate income tax rate is 34%. Establishing a legal presence here involves a higher degree of administrative complexity, often requiring local legal assistance.

Banking & Financial Access

Account opening in Brazil can be challenging for foreign nationals or non-resident businesses, and enhanced due diligence is common practice. Internet connectivity is generally good, with consistent broadband availability in business districts and main population centres.

Compliance & International Reputation

Brazil is a member of the Financial Action Task Force (FATF) and meets its anti-money-laundering standards. EU tax blacklist status: not_listed. Structures involving this jurisdiction may attract additional scrutiny or reporting obligations under EU member state rules.

Who This Jurisdiction Works Best For

Based on our scoring model, Brazil ranks highest for Digital Nomad and High Net Worth Individual. It offers a reasonable proposition for digital nomad (score: 60/100). It offers a reasonable proposition for high net worth individual (score: 58/100).

Legal Notice

The information on this page is for general informational purposes only and does not constitute legal, tax, or financial advice. Tax laws and residency rules change frequently and vary significantly by individual circumstances. Always consult a qualified professional licensed in the relevant jurisdictions before making any decisions.