Ola e bem vindo to the Brazilian Services Group. Brazil is experiencing an economic transformation, and successful bids to host the world's largest sporting events, including the 2014 FIFA World Cup and Rio 2016 Olympic and Paralympic Games, are resulting in vast growth opportunities.
In 2010 alone, the Brazilian Government invested US$ 68 billion dollars in developing infrastructure and public transportation with a further US$25 billion from private investors. Three airports valued at US$14 billion were privatised in 2012 with foreign investors playing an important role, and the Brazilian government budget for 2012 includes US$8.5 billion for defence contracts. A staggering 22 millionaires were made a day in 2010, and its swelling middle and upper class, which will be joined by over 29m people by 2014, presents huge potential for consumer goods companies.
Increasingly, we are seeing UK companies look to Brazil to complement their global growth ambitions, organically or through M&A, and it is now a priority market for the UK government to expand bi-lateral commerce and investments. The UK is now the 4th largest foreign investor in Brazil with a UK company being the largest single investor.
Our Brazil Services Group based in the UK, are helping clients to capture the potential of one of the world’s fastest growing markets. Our consulting, tax and assurance teams, provide a tailored and seamless service to our clients, in relation to both inbound and outbound activity, and collaborate with Deloitte in Brazil to maximise business opportunities.
Contact a member of the Brazilian Initiative to find out how we can assist you achieve your ambitions.