Cost Reduction and Exponential Growth: How an Austrian Innovation Company Conquered the Brazilian Market with ILM Group
CASE STUDIES
Initial Situation
An Austrian innovation company decided to open a subsidiary in Brazil for strategic and fiscal reasons.
Service provided
ILM Group supported the client throughout the process of incorporation of the subsidiary company and assumed the representationof foreign shareholders, as well as the management and accounting of the subsidiary, with its headquarters registered in the ILM Group region.
Communication with the head office is carried out in German and monthly financial reports are created accordingly with the head office’s accounting plan.ADVANTAGE
The client can focus exclusively on development of your business, while you have a reliable partner at your side, taking care of all the bureaucracy necessary for the work to happen in Brazil, carrying out communication between the parties in their native language.
The Brazilian subsidiary made it possible to considerably reduce the tax burden leviedon services offered to Brazilian customers, allowing greater growth for the company in the national territory.