Products

Discover the Exclusive Products of Our Bank Specialized in Foreign Exchange

SPOT EXCHANGE

Purchase or sale of foreign currency for settlement within up to 2 business days, facilitating the flow to make international payments or receive funds from abroad.

We serve all audiences.
A product that offers agility and convenience for conducting international operations. No maximum or minimum amounts.

FUTURE EXCHANGE

A future exchange contract that protects against currency fluctuations. Ideal for importers and exporters who wish to plan their operations.

The product caters to companies of all sizes.
The product offers security when conducting international operations.

EXCHANGE AND PAYMENTS

We buy or sell foreign currencies for various purposes, facilitating the flow to make international payments or receive funds from abroad with agile and efficient solutions.

Escrow Account

The Escrow account functions as a security measure for higher-risk and high-value agreements. Ouribank acts as a third party, ensuring the custody and transfer of the operation, guaranteeing the fulfillment of the contract.

HEDGE

With the aid of currency protection tools such as Hedge, Currency Lock, and NDF, your company will have greater predictability in international operations, minimizing market fluctuation risks and avoiding unforeseen events.

Lock in the exchange rate at the time of foreign currency purchase to settle in the future and eliminate fluctuation risk by fixing the amount to be paid in local currency.

Trade Finance

We offer credit lines and financing tailored to all stages of your production process, facilitating negotiations with suppliers and ensuring the necessary investments for your company.

Here, you can rely on solutions for foreign trade such as Finimp, ACC, ACE, Letter of Credit, and SBLC.

DOMESTIC CREDIT

Count on flexible credit lines to meet the priority needs of your business, such as Overdraft Protection, Receivables Financing, and Working Capital.

Services

We facilitate global operations with our Brazilian real accounts so that companies and individuals outside Brazil can operate here, such as the Foreign Currency Current Account (CCME), the Non-Resident Current Account (CDE), and the Escrow Account.

Frequently Asked Questions

Investing in Brazil can be an attractive opportunity for foreigners, but it can also raise several doubts and concerns. Here are some of the most frequent questions that foreigners have when considering investing in Brazil:

1. Regulation and Bureaucracy

What are the legal requirements for investing in Brazil?
  • Central Bank Registration: Foreign investors must register their investments with the Central Bank of Brazil (BACEN) through the Central Bank Information System (SISBACEN).
  • CNPJ Registration: Foreign companies must obtain a National Register of Legal Entities (CNPJ) with the Federal Revenue Service.
  • Prior Authorization: Depending on the sector, prior authorization from specific regulatory bodies, such as the Securities and Exchange Commission (CVM) for investments in the capital market, may be required.
What are the procedures for opening a company in Brazil?
  • Choice of Company Type: Decide between types of legal entities, such as Limited Liability Company (LTDA) or Corporation (S.A.).
  • Articles of Incorporation: Draft and register the articles of incorporation or bylaws with the Commercial Registry of the state where the company will be headquartered.
  • Licenses and Authorizations: Obtain necessary licenses and authorizations, depending on the sector of activity.
  • Municipal and State Registration: Register the company with the relevant municipal and state agencies.
What licenses and authorizations are necessary?
  • Operating License: Issued by the local municipality.
  • Sanitary Permit: Required for companies operating in the food, health, and beauty sectors.
  • Environmental License: Necessary for activities that impact the environment, issued by agencies such as IBAMA or state environmental secretariats.
How does the process of registering foreign investments with the Central Bank work?
  • RDE-IED System: The registration of foreign direct investments must be done in the Electronic Declaratory Registration – Foreign Direct Investment (RDE-IED) module of SISBACEN.
  • Necessary Information: Data on the investor, the recipient company, and the investment must be provided.
  • Updates: The registration must be updated whenever there are changes in the investment.

2. Taxes and Taxation

What are the main taxes that a foreign company needs to pay?
  • Corporate Income Tax (IRPJ): Rate of 15% on actual, presumed, or arbitrated profit, with an additional 10% on the portion of profit exceeding R$ 240,000.00 per year.
  • Social Contribution on Net Profit (CSLL): Rate of 9% on profit.
  • PIS/PASEP and COFINS: Contributions on gross revenue, with rates varying between 0.65% and 7.6%.
  • Tax on Industrialized Products (IPI): Applicable to industrialized products, with variable rates.
How does the Brazilian tax system work?
  • Complexity: The Brazilian tax system is known for its complexity, with federal, state, and municipal taxes.
  • Tax Regime: Companies can opt for Actual Profit, Presumed Profit, or Simples Nacional (for small businesses).
Are there tax incentives for foreign investors?
  • Free Trade Zones: Such as the Manaus Free Trade Zone, which offers exemptions from IPI, ICMS, and other taxes.
  • Specific Programs: Programs like the Development Program for the Semiconductor Industry (PADIS) and the Support Program for the Technological Development of Digital TV Equipment Industry (PATVD).
How to avoid double taxation?
  • International Agreements: Brazil has double taxation agreements with several countries, which prevent double taxation on the same income.
  • Tax Credit: Companies can use tax credits for taxes paid abroad to offset taxes due in Brazil.

3. Profit Repatriation

How can I repatriate profits obtained in Brazil?
  • Registration with BACEN: Profits must be registered with the Central Bank.
  • Currency Conversion: Profits can be converted into foreign currency and transferred abroad.
What are the restrictions and regulations on transferring funds abroad?
  • BACEN Regulation: Transfers must be registered and are subject to Central Bank regulations.
  • Compliance: Companies must comply with compliance and anti-money laundering regulations.
What are the fees and taxes applicable to profit repatriation?
  • Withholding Income Tax (IRRF): Rate of 15% on repatriated profits, which can be reduced by double taxation agreements.

4. Economic and Political Aspects

How does political instability affect investments?
  • Volatility: Political instability can generate volatility in financial markets and economic uncertainty.
  • Country Risk: It increases country risk, impacting the cost of financing and the attractiveness of investment.
What are the economic forecasts for Brazil in the coming years?
  • GDP Growth: Projections vary, but moderate growth is expected.
  • Inflation: Inflation is expected to remain controlled, within the targets set by the Central Bank.
How do inflation and exchange rates impact investments?
  • Inflation: High inflation can reduce purchasing power and increase operational costs.
  • Exchange Rate: Exchange rate fluctuations can impact the profitability of investments and the repatriation of profits.

5. Legal Security

What is the level of legal security for foreign investors?
  • Legal Protection: Brazil offers legal protection to foreign investors, with rights guaranteed by the Constitution and specific laws.
  • International Agreements: Brazil is a signatory to various international agreements that protect foreign investments.
How to resolve commercial disputes in Brazil?
  • Arbitration: Brazil recognizes and enforces arbitration as a means of resolving commercial disputes.
  • Judiciary: Disputes can be resolved through the Brazilian judicial system, although it can be time-consuming.
What are the intellectual property rights and how to protect them?
  • Registration: Intellectual property rights must be registered with the National Institute of Industrial Property (INPI).
  • Legal Protection: Brazilian legislation offers robust protection for patents, trademarks, copyrights, and other intellectual property rights.

6. Financing and Capital

What are the financing options available for foreign investors?
  • Commercial Banks: Financing through local commercial banks.
  • BNDES: The National Bank for Economic and Social Development (BNDES) offers credit lines for specific projects.
  • Private Investors: Venture capital and private equity are viable options.
How to access the Brazilian capital market?
  • B3: The Brazilian stock exchange, B3, is the main capital market where stocks, bonds, and other financial instruments are traded.
  • IPO: Companies can conduct initial public offerings (IPOs) to raise funds.
What are the interest rates and credit conditions?
  • Selic Rate: The basic interest rate, set by the Central Bank, influences market interest rates.
  • Credit Conditions: Vary according to the investor’s profile and type of financing, potentially including guarantees and rigorous credit analysis.