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Can a Foreign-Owned Company Use Simples Nacional in Brazil?

Short answer. Usually no. Brazil’s simplified Simples Nacional regime is generally not available to a company that has a partner domiciled abroad or that is a branch, agency or representation of a company headquartered abroad. For most foreign-owned structures, the practical regimes are Lucro Presumido or Lucro Real.

What Simples Nacional is

Simples Nacional is a simplified, unified tax regime for micro and small enterprises, collecting several federal, state and municipal taxes in a single monthly payment. It is attractive for small domestic businesses — but it carries eligibility restrictions. [Source: Lei Complementar 123/2006 — Planalto]

The foreign-ownership barrier

Two provisions of LC 123/2006 matter for foreign investors:

  • A company cannot be a branch, agency or representation in Brazil of a legal entity headquartered abroad (art. 3, §4, II). [Source: LC 123/2006 — Planalto]
  • A company cannot opt for Simples if it has a partner domiciled abroad (art. 17, II). [Source: LC 123/2006 — Planalto]

Together, these effectively close Simples Nacional to companies that are foreign-owned or controlled through a non-resident partner. If a Simples company later takes on a foreign partner, it is excluded from the regime from the following month.

What this means in practice

A foreign group setting up in Brazil should plan around Lucro Presumido (subject to the R$78M revenue ceiling) or Lucro Real from the outset. Modelling tax on the assumption that the Brazilian subsidiary can use Simples is a common — and costly — mistake.

FAQ

Can a company with a foreign partner use Simples Nacional? No — a partner domiciled abroad disqualifies the company (LC 123/2006, art. 17, II).

What about a Brazilian branch of a foreign company? Also barred — a branch/agency/representation of a foreign-headquartered company cannot use Simples (art. 3, §4, II).

Which regimes are available instead? Lucro Presumido (up to R$78M/year) or Lucro Real.

Sources

Official sources reviewed for this brief: the Simples Nacional statute (Lei Complementar 123/2006 — Planalto), in particular the eligibility restrictions in art. 3, §4 and art. 17.

FS
Written by

Felipe Scholante

Brazilian tax and customs lawyer, managing partner of Scholante Advocacia and founder of Brazil Tax Brief. Felipe advises companies on Brazilian taxation, tax reform, customs matters and business regulation.

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