Brazil is the largest country in South America, located in the eastern part of the continent and bordering almost all South American countries. It is inhabited by more than 211 million people who speak mainly Portuguese.
The capital is Brasilia, a city built specifically for this role in the 1950s and 1960s and has around three million inhabitants.
Focusing on economic relations with Hungary, according to data from the Hungarian Central Bank, Brazil invested around USD 65 million in Hungary in 2020, making it one of the largest South American investors in the country. Brazilian companies that have invested in Hungary include Embraer, one of the world’s largest aircraft manufacturers, and Petrobras, the largest oil company in Latin America.
In general, Hungary is trying to attract foreign investment through tax and financial incentives, modern infrastructure, and a highly qualified workforce. This has made the country an attractive location for Brazilian companies looking to expand in Europe.
In this article, we present the top 5 consulting firms we have selected in Brazil.
The best tax, accounting and legal firms in Brazil
Domingues e Pinho Contadores
Founded in 1984, Domingues e Pinho Contadores has a successful track record based on ethics and excellence in services rendered. Considered a leader in the accounting outsourcing segment and one of the largest Brazilian companies in the sector, Domingues e Pinho is a reference in the provision of business management services. Prioritising quality service, over the years the small firm has expanded its operational area to better meet its clients’ demands. This is why it has become a large company, applying national and international accounting standards and management and outsourcing models, with diversified business lines and specific departments for each activity, guaranteeing total control and speedy service to the client. These pillars, coupled with its global vision of the economy, make the organisation a specialist in translating Brazil into its different economic and fiscal contexts for foreign investors. Thus, with a portfolio of more than 500 clients, most of which are multinationals, the company has strengthened its market position and become a reference in its sector.
TAG Alliances
For more than 20 years, the members of TAG Alliances have harnessed the global reach and local expertise of other related firms to meet the international needs of their clients. As one of the world’s largest and most respected multi-disciplinary alliances, TAG Alliances members provide high-quality, cost-effective and valuable legal, accounting, and professional services across all industries and business sectors.
TAG Alliances is an international alliance of independent legal, accounting and professional firms that share common goals and standards, but are not under common control or management.
PVG Adogados has today become TAG Alliances
Stüssi-Neves
Stüssi-Neves was founded in 1977 in Rio de Janeiro. From the very beginning, the founding partners concentrated their activity in German-speaking countries (Germany, Switzerland, and Austria), as they identified a market limitation in their ability to provide services in this language, mainly due to the culture and behavioural differences of these countries compared to Brazil.
As time passed and the office grew, companies from other countries also started to rely on this differentiated service, such as Spanish, Italian, Japanese, Mexican, and North American companies.
And so, Stüssi-Neves has become an important partner of foreign companies operating in Brazil, providing all the legal services a company needs to do business with and/or in Brazil through supply, representation and distribution contracts, or through an incorporated or existing subsidiary.
They act in the establishment of subsidiaries, acquisition of an existing Brazilian company or through joint ventures.
WFaria Advogados
WFaria Advogados is a dynamic law firm specialising in tax and legal advice in Brazil, with professional connections abroad. WFaria’s areas of activity include corporate legal services and tax advisory services. Corporate legal services cover the main legal areas required by companies. Tax advisory services provide support in tax planning and tax compliance.
WFaria is a bilingual law firm with roots in international financial markets. The firm’s practice is primarily aimed at financial institutions and international corporations.
Clients in this area include large and medium-sized financial institutions, foreign companies doing business in Brazil and Brazilian companies operating abroad.
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