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0 pointsfabioz8d ago0 comments

I can second this.

Compared to many countries Brazil doesn't have such high taxes (I'd say that if you work remotely for a company outside of Brazil, you'll probably have much lower taxes compared to almost any other country -- working locally the difference isn't as big, but you have higher taxes in many other places).

What it really lacks is access to capital (which is the real "mojo" of the US compared to the rest of the world).

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iterateoften7d ago· 1 in thread

Also the bureaucracy, employee rights, etc.

Incorporating and getting a functional business entity in Brazil is harder. In USA I literally do in 5min online including bank account. In Brazil they are taking out microscopes to verify your signature on the paperwork matches.

And in the USA if you have one bad employee, just fire them any time. In Brazil for better or for worse nowhere near as easy. Obviously better for employees but businesses don’t like it because you can get stuck with a employee dragging down everyone unless you pay them a years salary etc.

rbanffy6d ago

> Incorporating and getting a functional business entity in Brazil is harder

It’s still something you can do in less than a month. That’s nothing compared to the life of a functional enterprise.

For you to have to pay “years of salary” the employee must have been with you for a very long time - as in decades. Considering most companies don’t live to 2 years, the odds of it happening to you are very slim. Labor laws exist to protect the weak part against the possible abuses of the company. You must agree the harm a company can do to its employees is far greater than what an individual employee can do to a company. And this is why unions exist: because collectively is the only way the employees have teeth.

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