Legal Representation
Overview
For the incorporation and operation of a company from abroad, Brazilian law requires that the business is legally represented within Brazil. Establishing a subsidiary therefore requires the appointment of a local legal representative, either an individual or a legal entity. This representative acts on behalf of the foreign company under a Power of Attorney (procuração).
The Power of Attorney is prepared in advance, with its scope tailored to the specific requirements of the foreign company.
Services
Ipanema International, in cooperation with its partner law firm, offers clients the possibility of formal legal representation in Brazil. The standard Power of Attorney typically covers:
incorporation and registration of the legal entity
signing of official documents and contracts
representation before government and tax authorities
opening of a corporate bank account
acting on behalf of the company in legal proceedings
If required, an additional Power of Attorney can be issued for specific activities such as bank account management, HR-related matters, and treasury functions.