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15. Exiting: Brazil

Exiting Brazil: how a foreign investor sells, takes capital back or liquidates a Brazilian company, what each route costs in tax and time, and how the money leaves, each tied to the official text.

Investor view. Brazil lets capital leave as freely as it enters, with no approval to remit and zero IOF on returned capital and dividends, so an exit can be planned on day one.

• Exiting Brazil: selling, reducing capital, liquidating and getting the money outA foreign investor leaves Brazil in one of three ways: sell the quotas or shares, take capital back through a capital reduction, or dissolve and liquidate the company. The money can then leave freely:

Related: Brazil country profile · live dashboard · central bank and release calendar · our posts on X