REMIT PROFIT FROM A BRAZILIAN COMPANY TO ABROAD
A foreign company which becomes a shareholder of a Brazilian company may wish to remit profit to abroad from time to time.
Such profit remittances are performed by exchange transactions, which need some legal and accounting documents to be approved by the exchange bank.
A foreign company which becomes a shareholder of a Brazilian company shall need the following services to remit profit to abroad:
Powers of Attorney
The Hague Convention Apostile
Minutes of shareholders' meeting
Payment of official registry fees
Register with a State Brazilian Board of Commerce
Exchange transactions' assistance