Bureaucratic Labyrinth: Brazil’s Business Landscape Challenges Multinationals

Brazil’s complex business environment poses significant hurdles for multinational corporations. A recent study by Citco Mercator, a global investment management platform, ranks Brazil second-to-last in its global index. This poor standing stems from high costs and lengthy timeframes for compliance-related tasks. The country’s bureaucratic maze reflects deep-rooted structural issues. Local corporate requirements demand legal representatives […]