Subsidiary or branch? What changes for ongoing operations under the new reform

Starting or expanding operations in Brazil demands deep knowledge of a regulatory environment that changes frequently. Early mistakes cost time and capital. In this article, we map the landscape and the practical steps needed to decide with confidence.

The context putting pressure on the market

Anyone working in market entry feels the pace of change firsthand. Regulation, technology and stakeholder expectations are pushing companies toward a level of maturity that, until recently, was the preserve of listed companies.

The central question is no longer simply meeting requirements: it is about turning every obligation into competitive advantage — without bloating processes or compromising day-to-day operations.

Technical judgment does not replace business vision — but without it, any strategy is vulnerable.

What we recommend assessing now

Before implementing any structural change, we map the current state with technical depth. This diagnostic guides prioritization, sets concrete targets and builds the evidence base for the next steps.

• A corporate type chosen on the basis of the operating plan.
• Strategic — not merely formal — legal representation.
• Corporate compliance from day one.
• Continuous regulatory monitoring after incorporation.

Where Locatelli comes in

We work side by side with your team, without replacing its decisions. In market entry, our practice combines technical depth, institutional insight and technology to deliver measurable results — with governance and confidentiality from start to finish.

Want to discuss the specific scenario facing your business? We are available for a confidential introductory conversation.