The index of losses with fraud in Brazilian subsidiaries of foreign companies has been a challenge for investors willing to invest in Brazil. Some local directors may take advantage of the low knowledge foreigners investors may have of Brazilian peculiarities to illicitly enrich at the expense of the parent company.
Whether it is in misappropriating resources, theft of physical assets, misappropriation of company funds, procurement fraud, buying substandard materials at exorbitant prices, corruption and bribery this practice ends up hurting investors and even damaging the company’s reputation worldwide.
Due this reckless management, some companies may collect thousands of labor and tax demands, leaving the subsidiary with a monstrous liability, which makes the operation in Brazil impossible.
Another risk factor is political instability. Brazilian politicians are always creating new laws and regulations that generate liabilities for the companies.
All this can be avoided with the help of a partner who understands the legislation and practices adopted by the Brazilian government and professionals. Always be ahead, count on the support of CKSA to manage your business in Brazil.
We use a holistic approach that addresses all aspects of your security and operational risks for the most robust protection. Our diverse skill-sets enable our experts to manage projects from inception to completion. From securing counterfeit goods along the supply chain to auditing the entire operation of the company, we solve the demands with focus on preserving business capital and the reputation of the company.
Foreign Company Management