Working closely with Irish and international businesses, we have developed extensive capabilities in the Brazilian market. Our deep industry knowledge and experience means we can help you manage international business opportunities to your advantage.

There is considerable scope to use Ireland as a platform for investing into Brazil. The attractions of using Ireland include:

• Competitive cost base – significant competitiveness improvement
• English speaking
• Young, dynamic and well educated workforce
• Common law legal system
• Various withholding tax exemptions for interest and dividend payments
• Incentives for employees working in Brazil

Similarly, Ireland is an ideal location for establishing activities outside of Brazil. In addition to the above, the attraction of using Ireland to expand activities outside of Brazil include:

• Gateway to Europe
• Member of the Eurozone
• Single Financial Services Regulatory Authority
• 12.5% corporation tax rate on trading profits
• Attractive investment management regime
• Extensive tax treaty network
• 37.5% relief for R&D activities
• Attractive intellectual property regime
• Relief for certain start-up companies
• Incentives for employees relocating to Ireland

KPMG range of services

KPMG Ireland has a team focused on investment into and out of Brazil. Together with our colleagues in KPMG Brazil, we provide our clients with complete tax advice on the issues that arise. Our tax services include advising on:

• Investing in Ireland and Brazil
• Financing
• VAT and global indirect taxes
• Transfer pricing
• Personal and corporate tax compliance services
• Payroll taxes