A US company that operates globally decided to incorporate a Brazilian subsidiary to import products to Brazil and then open its own production unit in the country.
ILM Group assumed both the management and the representation of the foreign shareholders, was responsible for opening a bank account, set up internet banking, coordinated the accountant’s work from then on and assisted with contracting Brazilian staff. Any payments made via the bank account of the Brazilian subsidiary are always subject to receiving the corresponding instructions from the client.
The company can focus on the planning and expansion of its Brazilian business. ILM Group takes over all the administrative tasks of the Brazilian subsidiary, is a partner and representative of the client in Brazil and assists with conquering the Brazilian market.