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Brazilian Real (R$, BRL)



Portuguese, English


UTC−02:00, UTC−03:00, UTC−04:00 and UTC−05:00

Brazil is the world’s 6th largest country as well as the 7th largest economy in the world. In the past few years, Brazil has emerged as a more attractive global player as well as a hub for foreign investment, as a result of economic diversification, strong domestic consumer market and a well regulated financial system. Brazil’s recovery from the COVID-19 pandemic is swift, spurred on by pension reform, as well as the bouncing back of oil, gas and construction sectors. Popular job sectors in Brazil include agriculture, automobiles, banking, oil and gas, and textiles.

How to build a team in Brazil

Employers need to follow the strict employment guidelines set forth by the local authorities before they could employ in Brazil. This process can be time-consuming as the company first needs a legal entity in the country and it needs to manage payroll, tax, benefits and compliance.

Global payroll solutions make it easy to find and hire top talent in Brazil. With one seamless integration and local legal entity, we take care of the compliance matters so that you can start your globelizing plan immediately.

Compliance risk

Risk of misclassification

Brazil’s worker classification labour and tax laws distinguish between contractors and full timers. If the individual meets the legal definition of an employee but is classified as a contractor, your company will face penalties.

Let’s not make global expansion overwhelming.
Go global today!

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