Legal Representation Accounting / Finance Consulting / Audit

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South America Europe North America

Transcript of Legal Representation Accounting / Finance Consulting / Audit

South America EuropeNorth America

For InternationalCompanies Doing

Business in Brazil

Legal Representation

Accounting / Finance

Consulting / Audit

Foreign executives doing business in Brazil quickly find out that the busi-ness environment is quite challenging—to say the least.

No surprise then that

Brazil is ranked 124thon the Ease-of-Doing-Business index and has the most complex tax system inthe world.

Bureaucracy, taxes, accounting requirements, labor regulations, and the culturegap are just some of the

obstacles foreign companies face.BPC Partners was born from this difficult business world—foreigners living inBrazil that decided to team up with Brazilian professionals who have internationalexperience, to offer

specialized services tailoredfor companies doing business in Brazil.

That’s the DNA of BPC Partners.

Why BPC?

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BPC at a Glance

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Our clients want● To understand what makes Brazil different andhow it does and doesn’t work

● To comply with the laws, to limit the tax burden,to avoid penalties for late payments, tax control,and labor lawsuits

● A contact person who can read and speak Eng-lish, and a partner with a Western cultural back-ground

● To apply IFRS standards to their Brazilian opera-tions when relevant

● To have the same Standard of Quality and reac-tiveness that they receive in their home country

Specialized in● Accounting, payroll, bookkeeping, auditing, legalrepresentation, international finance, and financialconsulting adapted to business needs in Brazil

● Servicing only international companies doingbusiness in Brazil, mainly SMEs (European, NorthAmerican and Asian)

Our differentials● Partners are from 3 continents: North America,Europe and South America

● We are trilingual, multi-cultural company withrigorous Chartered Accountants qualified in the UKand Brazil

● We offer invaluable and long experience in ac-counting and taxation, with our deep knowledge andunderstanding of the complex regulatory frameworkin Brazil

● We come from the Big 4 and offer the highestquality standards

Our Services

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LegalRepresenta-tion

FinanceConsulting

AuditAccounting,Taxes,

& Payroll

InternationalFinance

Accounting, Taxes & Payroll

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AccountingProduction of monthly Financial Statements accord-ing to the Brazilian standards and/or IFRS.

Tax Management & Support● Monthly tax statements (Federal taxes and ICMS)

● Tax Calculation (Monthly, quarterly, and yearly)

● Monthly calculation and explanation of federaltaxes (PIS, COFINS, IPI, IRPJ, CSLL, and IOF) andlocal taxes (mainly ICMS and ISS)

● Selecting the correct tax regime (Real, Presum-ido, or Simples)

Payroll ManagementOrganization of new hires, calculating socialcharges, and withholding income tax, issuing pay-ment slips; helping in selecting the most tax efficientlegal form of paying employees and managers (CLTcontract, Pro-labor, legal entity, etc.)

Official Periodic Accounts PreparationElectronic filing of all accounting entries; preparationof annual General Assembly.

Reporting Through Group Templatesin EnglishTransformation of the Brazilian accounts into aGroup template in English, with comments; num-bers verified and controlled on a monthly basis.

Legal Representation of Your StakeholdersLegal representation with powers to sign on behalf of the foreign partners,solve issues related to the business, respond in a legal capacity, and receivesummons on behalf of the company overseas.

Legal Representation of your Brazilian SubsidiaryNon-operational responsibility for short-term (time to get a permanent visa foryour CEO) or long-term.

Legal Headquarters for CompaniesIf your company provides services, it can be officially based out of one of ourprestigious addresses in downtown São Paulo (Edifício Itália) or Rio de Janeiro.

Legal Representation

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Accounting and Financial AuditsRegulatory or internal audit to verify the Balance Sheet and the Profit andLoss statements.

Due DiligenceVerify the accounting value of your target.

Organizational AuditAssess and improve the process, organization, and efficiency.

Corporate Governance AuditReview and improve the strategic and key topics such as Corporate Governance.

Contracts AuditIndependent opinions on financial/accounting issues related to the enforceabilityof contracts.

Procedures DiagnosisVerify the correct use of internal procedures, as well as analyze their efficiency.

Specific AuditsBPC Partners caters to your specific needs, regardless of the scope or topic.

Audit

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International Finance

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International Transactions /Foreign ExchangeBPC Partners has strong relationships with the bestand most trusted commercial banks and financepartners in Brazil. This gives us all of the tools andpower to offer the most competitive rates for allforeign-exchange transactions (câmbio), which areof course necessary for all companies doing cross-border business with Brazil. Banking fees in Brazilare extremely high, but BPC Partners has helped itsclients reduce these costs by saving up to 65% ontransaction fees.

Foreign Direct Investment (FDI)Our expertise and experience in the area of interna-tional finance is an essential part of BPC’s overallvalue proposition. We provide technical and strate-gic support at each stage of the FDI process for thefollowing:

● Foreign Capitalization

● Foreign Loans

● Dividend Distributions back to Foreign Ownership

CreditInterest rates on credit in Brazil are notoriously high.If you require access to credit our knowledge andrelationships within the credit market can connectyou to the most reliable and reasonable playershere in Brazil.

Local InvestmentsRelying on the big retail banks will ensure yourmoney is inefficiently managed and guarantee someof the worst returns in Brazil. Our knowledge andexpertise of the local financial markets can helpsteer you to the most sophisticated investment plat-forms offering the best and safest investment instru-ments that will guarantee you the highest returnsavailable while your money is parked.

Finance Consulting

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Part-time CFOWe identify new growth strategies and providemethods to reduce costs to improve business prof-itability, at a fraction of the cost of a full-time CFO.

Budget and Budget MonitoringBudgeting helps you spend less than what you earn.Your local CEO in Brazil cannot spend too much timeon accounting and taxes. The CEO must develop thebusiness; therefore, a Financial Consultant will bethe best solution to get things done perfectly at alow cost.

Cost CuttingYou don't have the time to perform a thorough costanalysis. You know cost cutting is critically importantto your bottom line. It has been on your "to do" listfor a long time, but it never seems to get done be-cause other responsibilities dominate your time. Letan experienced cost reduction consultant take thisburdensome action item off your "to do" list.

OrganizationWe provide consulting services to help you designorganizations to reduce costs, drive growth, andstrengthen both short-term performance and long-term organizational health.

Management ControlWe advise companies in relation to their efforts inachieving their objectives and their strategic, fi-nancial, and operational goals: risk management,business process analysis, optimization of the or-ganization, development of management controlindicators.

Internal ControlsWhen you implement internal control componentsinto your management strategy, you not only deterfraudulent behavior, you help improve the overallquality of your financial statements, which could re-sult in improved transparency, fewer external auditfindings, not to mention additional growth and sus-tainability.

Management & Partners

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Arnaud BleuezManagerSão Paulo, BrazilHaving studied accounting,taxes, finance and economicsat Edhec/Espeme in France,Acca in England, and at Hart-ford in the US, Arnaud is a fullychartered accountant in Braziland the UK. After working forPwC in London for five years,he joined a large Europeancompany where he was theCFO for their Brazilian sub-sidiary in 2004. He has literallywritten a book around allthings Brazilian Taxes, makinghim an authority on them.

Brett KauffmannManagerSão Paulo, BrazilHailing from New York Citywhere he successfully ran hisown company for 16 years,Bret has been living in SãoPaulo since 2015. With a BA ineconomics and experience onWall St. he has quickly gaineda thorough understanding ofBrazilian finance, especially asit relates to cross-border activ-ities. He gives all BPC clientsan edge through conceptualand tactical strategies that heexecutes with US standards ofefficiency.

Fernando Poli JuniorManagerSão Paulo, BrazilBrazilian born with a BA in ac-counting and an MBA in Inter-national Business from UCLA,Fernando brings 40 years ofBrazilian accounting and taxexperience to BPC. Well-prac-ticed throughout his career atsome of the biggest interna-tional firms such as PwC andMazars he possesses theknowledge that he strategi-cally applies to bring insightand perspective to solutionsthat is vital to thriving in theBrazilian market. Fluent inEnglish and Spanish.

Jean-Marc VinCorrespondentRio de Janeiro, BrazilJean-Marc has 30 years expe-rience serving national and in-ternational groups in Braziland South America. He isManaging Partner at Expertisa,our correspondent firm in Riode Janeiro. On top of audit, ac-counting and tax skills, Jean-Marc has an extensive trackrecord in Advisory and M&Aservices for companies doingbusiness in Brazil.

Marc de PremarePartnerParis, FranceBorn in 1970, he has spent 5years in Brazil offering audit,transaction and accountingservices to European compa-nies doing business in Brazil.He is a French qualified char-tered accountant with a deepknowledge of IFRS standards,and speaks fluently English,Portuguese and French. He isour correspondent in Paris,France and frequently travelsto North and South America.

The book on making Brazilian taxesunderstandable in English or French.

With a focus on operational management within the Tax Code to help you de-cide, among other issues, which tax regime to select.

Includes:● Numerical examples● Accounting entries● Tax optimization case studies

Provides practical techniques for tax calculation methods for federal, state and/orlocal taxes as well as employer costs and social security taxes.

Brazilian Taxes for Legal Entities

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purchase here

download here

Hard copy available on Amazon

Free electronic copy on our site

We selected BPC Partners when Deezer arrived in Brazil in early 2013 for allaccounting, taxes and administrative support. This was a great choice.

BPCPartners has been delivering throughout 4 years now. On top ofmonthly accountsand monthly tax calculations, BPC Partners has helped with international tax issues.They are specialized in international companies, do reply accurately and respect dead‐lines, and can communicate perfectly with our Head Office in Europe; this makes BPCPartners different frommost accounting companies.

On top of that, the fees are very much below those of the Big 4, with no orvery few extra fees during the year. Certainly one of the best choices forWestern companies doing business in Brazil.

Remi Lhéritier,Finance Coordinator Latin America

Testimonial

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BPC Partners takes care of our monthly recurring accounting obligationsin São Paulo. Among other things, BPC Partners supports us in the execu‐

tion of payment transactions as well as the identification of the incurring local, na‐tional, and international taxes and fees. Moreover, they advise us on various mattersfrom our daily business life.

In a proactive way, BPC Partners presents us solutions for reducing fees and taxes, aswell as for the completion of international transactions. With the advantage providedby the European roots of some of their employees, they can specifically deal with thespecial needs and concerns of international companies.

Their profound solutions are always given in a precise and timely manner, and theyalso correspond to the expectations of German society. The fees for their servicesare structured in a thorough and clear way. Their prices are fair.

The young and dynamic team of international business experts has alsoimpressed us as people. For us, BPC Partners have proven themselvesas true partners.

Jürgen Peter Müller,Administrator SSFBrasil Consultores e Projetistas emEngenharia Ltda

Testimonial

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We are a middle sized international Group with a subsidiary in Brazil. We areworking with BPC Partners since early 2017; prior to that, we tried other of‐fices without satisfactory results.

Indeed, we were firstly looking for a real partner which could properly do all the nec‐essary and mandatory Brazilian accounting and administrative tasks for our sub‐sidiary. We were also looking for a specialist who could quickly and easily explain andsolve accounting, tax and payroll issues; for this we were ready to pay higher fees.

BPC Partners has delivered since the very beginning. Reactive, proactive, fast andrigorous replies to our doubts, the services has been above expectations. And, theicing on the cake, BPC Partners has identified tax savings: we are now saving morethan R$20.000 a month!

Selecting BPCPartners has been an investmentwith immediate return.Too bad we haven’t met them before. We recommend.

Antonio MesquitaBrazil Country Manager Asenium Brasil

Testimonial

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Some Select Clients

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Locations

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São PauloHeadquarters

On the 20th floor of Editicio Itália, thethird tallest building in Brazil, over-looking the historical downtown.

Av. São Luis, 50 - 20th floorCentro - CEP 01046-000São Paulo, SPTel: +55 11 3112 1587

Paris, EuropePartner

International team, close to our Euro-pean clients, and assisting BrazilianCompanies investing in Europe.

15 rue de la Baume75008Paris, FranceTel: +33 (0)1 41 05 98 40

Rio de JaneiroSubsidiary

Located in the business center of thecity, near the city administration andSantos Dumont International Airport.

R. Dom Gerardo, 63 - Sala 1209Centro - CEP 20090-030Rio de Janeiro, RJTel: +55 21 2143 8058

www.bpc-partners.com | [email protected]