Money & Finances

The Embassy of Brazil in London announced the vacancy of Foreign Trade and Investment Technical Assistant The Embassy of Brazil in London opened a job vacancy application for the role of Foreign Trade and Investment Technical Assistant. Working at the Commercial Section, the candidate will first pass through a 6 month remunerated probationary period. Brazilian nationals or nationals of third countries must prove that the applicant has the right to permanently reside in the United Kingdom, and is legally entitled to take full-time paid employment for an undetermined length of time. Besides, a valid passport is also required. There are…

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Discover the different business structures and how to get your venture started in Brazil Any foreign individual or company is entitled to open a business in Brazil. Generally speaking, foreign entities can engage in any commercial activity, as long as it’s legal and compliant. That said, foreigners may come across certain restrictions in specific business areas (for example, publishing), or if the company intends to operate within geographical areas considered sensitive to national security (for example, near international borders). Some factors to be aware of: It takes at least 30 days to set up a company in Brazil The services…

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Do you know what makes start-ups and small businesses successful? Planning and training are just a few of the ingredients needed to create a successful small business: Planning Nothing is more fundamental than planning for an enterprise. Even before you go around telling friends and family that you have a new, innovative idea, you should have a plan. You need to determine the direction that you want your business to take carefully and calmly, and then stick to it. Don’t consider this step as wasted time, it is important to predict possible mistakes and outcomes of your business venture. Training…

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Do you know what the biggest factors are for the success of small businesses? Planning and training are just a couple of the elements which are necessary for success: Planning There is no more important step for your business than planning. Before you set out telling everyone left, right and centre that you have a great, innovative idea; you need to decide upon a plan. You should sit down and consider carefully in which direction you wish to take your idea. Don’t think of this step as a waste of time, it is essential as a way of predicting…

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A common mistake when people are considering closing their business is to think that everything boils down to the accumulation of too much debt. Much to the contrary, insolvency legislation is intended to help company directors and business people. When a company runs into financial trouble, things can be restructured in a manageable way. The first thing to do if you think your business is headed in this direction is to find trustworthy advice as quickly as possible. As determined by the 2006 Companies Act, directors are under an obligation to act in a way beneficial to the company they…

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For singles, keeping tabs on budgeting is relatively easy. Most single people can control their spending, knowing exactly how much they earn and spend. Family budgeting is a whole different ball game though. Most families have more than one income, and more than one person spending that income, which is where things can get confusing. This is one of the main reasons why families don’t usually have a formal budget. Coming up with a family budget can be tough, but it is possible. Find out how: Make a list of all the family’s incomes. If one of the incomes…

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Good news for Brazilians living in London: a new part of the Brazilian Consulate-General’s website provides a step-by-step guide for those who would like to withdraw their FGTS (Guarantee Fund for Length of Service, a severance indemnity fund). Those entitled to make withdrawals are people who have had formal employment in Brazil and fall into one of the following categories: not been formally employed in Brazil in the last three years; not had any money paid into their FGTS in the last three years; lost their job in Brazil without just cause; worked a full period of a temporary…

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Start 2017 on the right foot and discover how to get your finances in order Your credit card may have been helpful when you were doing the Christmas shopping, but now, in the months that follow, you need to be careful that it does not end up playing the villain. Every credit card comes with clauses that stipulate the holder’s responsibility to make payments on time; otherwise they will be subject to the dreaded interest rates – which are usually high. The card provider usually issues due dates by which payments need to be made. This allows cardholders to plan their…

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The Consulate General of Brazil in London has prepared a guide with practical information  about how to do business in the UK and turn your dreams into a reality! The UK represents one of the largest economies in the world; with a fully diversified and dynamic market it is an attractive environment for overseas investors. The Brazilian community in the UK is growing steadily and is estimated to be about 140,000 people, most of who were attracted to the country by favourable economic conditions. From large companies that have set up operations in London as a means of international expansion,…

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Unlike the United Kingdom, Brazil has had a vast number of different coinage over the course of its history. Pound Sterling has been the UK’s official currency since AD928. Athelstan, the first King of England, brought the production of money under the sole control of the Crown. At first, the pound was known as ‘Sterlings’, and silver coins were used as negotiating chips in the Feudal system used by the Anglo-Saxons and the rest of Europe. The first paper money was printed in 1694, thanks to the founding of the Bank of England, and the decimal system was finally introduced…

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