Brazil Swot
For detailed swot: http://www.wikiwealth.com/swot-analysis:brazil
Political and Legal
Opportunities
—-Foreign businesses should be able to launch new products smoothly as long as exposure to piracy and imitation is not a large concern.
—-The cost of labor in Brazil in approximately $8.32 an hour compared to $33.53 in the U.S.
—-Land is much less expensive than comparable land in the United States and as long as one sets up a company there you do not have to be a citizen to purchase and own land..
—-Brazil offers numerous tax breaks and certain products imported to the Amazon region are tax free.
—-There are no restrictions in regard to what products can be exported/ imported.
—-Numerous investment incentives have been established to encourage economic growth.
Threats
—-Corruption is present.
—-There is an unequal distribution of power between the classes.
—-Counterfeiting is a current problem that affects the entire economy of Brazil.
—-Counterfeiting and piracy results in fewer jobs within the country.
—-The reputation of a company producing an original product can be severely damaged by counterfeits and piracy.
—-Brazil has anti-dumping laws and tariffs in place.
FORMAL TRADE BARRIERS
Brazil simplifies foreign exchange controls
Brazil had strict foreign exchange controls. Failure to comply with the exchange controls has, as a general rule preventing the Brazilian payer from making remittances abroad in foreign currency.
Details: <http://www.internationaltaxreview.com/Article/2608996/Brazil-simplifies-foreign-exchange-controls.html>
Ownership Restrictions:
Even although under current law large rural properties can only be purchased by Brazilian citizens or residents it is often ignored.
Detail: http://www.nuwireinvestor.com/articles/brazil-expected-to-add-new-restrictions-to-foreign-land-ownership-55503.aspx>
Local Content Requirements:
“Everything which can be done in Brazil should be done in Brazil”
Details:
Political and Legal
Opportunities
—-Foreign businesses should be able to launch new products smoothly as long as exposure to piracy and imitation is not a large concern.
—-The cost of labor in Brazil in approximately $8.32 an hour compared to $33.53 in the U.S.
—-Land is much less expensive than comparable land in the United States and as long as one sets up a company there you do not have to be a citizen to purchase and own land..
—-Brazil offers numerous tax breaks and certain products imported to the Amazon region are tax free.
—-There are no restrictions in regard to what products can be exported/ imported.
—-Numerous investment incentives have been established to encourage economic growth.
Threats
—-Corruption is present.
—-There is an unequal distribution of power between the classes.
—-Counterfeiting is a current problem that affects the entire economy of Brazil.
—-Counterfeiting and piracy results in fewer jobs within the country.
—-The reputation of a company producing an original product can be severely damaged by counterfeits and piracy.
—-Brazil has anti-dumping laws and tariffs in place.
FORMAL TRADE BARRIERS
Brazil simplifies foreign exchange controls
Brazil had strict foreign exchange controls. Failure to comply with the exchange controls has, as a general rule preventing the Brazilian payer from making remittances abroad in foreign currency.
Details: <http://www.internationaltaxreview.com/Article/2608996/Brazil-simplifies-foreign-exchange-controls.html>
Ownership Restrictions:
Even although under current law large rural properties can only be purchased by Brazilian citizens or residents it is often ignored.
Detail: http://www.nuwireinvestor.com/articles/brazil-expected-to-add-new-restrictions-to-foreign-land-ownership-55503.aspx>
Local Content Requirements:
“Everything which can be done in Brazil should be done in Brazil”
Details: