Doing Business in Brazil

Brazilian cities vary significantly in the ease of doing business, according to the new Doing Business in Brazil report. This report is the second state-level report (last year's Doing Business in Mexico was the first), and it highlights the increasing importance of state and city level reforms in a globalized world. Cities, as much as countries, are now competing for investments.

Points of interest:

Compared with Mexico, Brazilian cities perform better when it comes to the cost of registering property. But despite identical regulations across Brazil, there is a wide variation in the time it takes to transfer property – less than a month in São Luís, almost three months in Campo Grande. Also difficult in Campo Grande is contract enforcement. It can take over four years, while São Paulo's 18 months is the easiest.

Complying with business regulations is easiest in Brasilia, but in Belo Horizonte it takes a mere two days to create and register collateral, as compared to 45 days in Brasilia.

The tax burden is heavy across Brazil, in terms of tax rates and administrative complexities. Businesses in Rio de Janeiro have one of the highest tax burdens in the world.

Easing regulation and establishing a favorable business environment for entrepreneurs is key to creating jobs and equitable growth. Brazil has undertaken reforms at the national, state, and municipal level but this report suggests areas where further reforms are possible.

Em:

http://www.doingbusiness.org/Main/Brazil.aspx