Nexxus Corporate Services is looking for a bilingual (Portuguese-English) Business Development Trainee - Location Belo Horizonte.

Nexxus Corporate Services is searching a Business Development Trainee to join the team. We look for a University student in its second or third year from Business (administracao de empresas), Marketing or Service related careers, with excellent grades and proficiency in the English language. A period living abroad in an English speaking country is a plus.

The successful candidate must have discipline and strength to work in a non-supervised environment, home office setup, following clear tasks and objectives. She/he must have a strong will to develop and grow together with the company.

Primary tasks will be to support the Business Development manager to perform market and customer development, work with strategy and marketing definitions, key performance indicators and external marketing and propaganda partners.

We offer full compliance with the Brazilian legislation for Trainees (estagiários), Federal law 11.788 from 25/09/2008, with an interesting remuneration, and transport incentive if you have your own vehicle. The contract period is for two years, according the law and could be transformed in a full CLT employee at the end of the contract considering the university graduation a must.

If you believe you are the person for such challenge, please send your résumé to cv@nexxuscentral.com with a cover letter explaining why you are the best choice for this position. Résumés with photos are welcome but not mandatory.

Nexxus is an equal opportunity employer; all qualified applicants are encouraged to apply, including minorities and women.

Nexxus Corporate Services is a company that initiated operations in Brazil, Belo Horizonte, during 2010, using its relocation services unit as the front. We use a dynamic and hassle free working strategy, making full utilization of social and communication technologies, having our full setup based in home office and third party operations. Legally we are registered in the municipality of Nova Lima, MG.

Our core business today is to support multinational corporations with their expatriate policies and employees, delivering services in areas as documentation, knowledge management and operational setup for home and living.

Interactive tool from Policia Federal that show their service catalog.

 

Very useful tool that can be used by all to understand better the DPF processes and procedures. Petty its available only in Portuguese so far.

http://www.pf.gov.br/institucional/carta-de-servicos/carta-interativa

Brazil – IRS assessment on stock options plans

 

EXECUTIVE SUMMARY

The Brazilian IRS announced that starting this month, they will launch a crackdown on companies that deliver part of their top executive’s compensation through stock options and private pension plans.

The main target group is Brazilian companies, listed on the Brazilian stock exchange. However, multinational companies located in Brazil may also be questioned. According to the local tax authorities, such stock option plans have been frequently used as a form of compensation under an abusive tax planning alternative to avoid income tax on gains.

NEXT STEPS

Multinational companies with operations in Brazil and Brazilian companies should be aware of the recent development. However employee stock option schemes are not necessarily at risk as a result of this development, if income taxes and social charges are being properly observed by the payer and recipient of the compensation.

As a result, companies are advised to consider the impact of the IRS assessment, and review whether their long term incentive plans are in accordance with the Brazilian legislation and best practices in the market.

 

SOURCE: Ernst & Young

Normative Resolution 88 - Visa concessions for training - Definition

Normative Resolution 88

The National Immigration Council (CNIg) approved the Normative Resolution No. 88 of September 15^th, 2010 that organizes the visas concessions to the foreign who come to Brazil for training.

For this new resolution is considered training “the supervised school education developed in the workplace, that aims the preparation of students who are attending regular education in higher education institutions”.

The visa must be requested abroad to the diplomatic missions, consular offices and vice-consulates.

The validity of this law is up to 1 (one) year, extendable once for the same period, which circumstance will be shown at Foreign Identity Card, and also the trainee status.

The RN 88 allows trainees to receive allowance to maintain themselves, as well as the other benefits under Brazilian training law.

For this new resolution, were repealed the resolutions which used to organize the training visa concessions, Normative Resolution No. 41/1999 and No. 42/1999.

Normative Resolution 87 - Visa Concessions to receive professional training

Normative Resolution 87

The National Immigration Council (CNIg) approved the Normative Resolution No. 87 of September 15^th, 2010 that organizes the visas concessions to the foreign connected to the foreign company, to receive professional training with the branch, subsidiary or Brazilian Matrix belonging to the same economic group.

Article 1, paragraph, of this resolution defines the concept of professional training as “the activity that aims to develop skills and knowledge through practical work.”

The visa statute of this new resolution will follow the Normative depending on prior authorization of the Ministry of Labor and Employment (MTE).

The validity of the visa will be up to 1 (one) year, non-extendable, this circumstance will be shown at the Foreign Identity Card.

The article 3 stipulates that the Ministry of Labor and Employment (MTE) may reject an application for a visa if there is a circumstantial evidence of the company’s interest to make mere substitution of national to foreign labor.

Finally, we see this new law repealed the Normative Resolution 37/1999, concerning the visa concessions to foreign who wanted to come to the country for professional training, after their university graduation, without any employment link in Brazil.

Normative Resolution #84 - FGTS over foreign portion of salary for expats

The Ministry of Labor and Employment has published the Normative Resolution No. 84, of July 13^th 2010, which foresees regarding the inspection on the payment of the Guarantee Fund for Length of Service (FGTS).

The Article 8, sole paragraph, clause V, of this Normative Resolution foresees that the collection of FGTS and CS (Social Contribution) under the paid or payable remuneration to employees, in percentages established by the law be collected based on the remuneration paid to the foreign employee, working in Brazil, regardless where the payment of the salary is done.

Therefore, it is converted into a rule the understanding that the portion received by the foreign employee abroad is also subject to collection of FGTS.

Labor inspectors are doing due diligence at the companies to ensure they are following this Normative Resolution.

This Normative Resolution issued by Presidency, regulates the enforceability of the contribution, however, we recommend our clients to consult their tax lawyer about the legality and applicability of this Normative Resolution. 

Brazilian Identity Card (ID)

From October 2010 the Brazilian Government will start to issue a new model of ID in Brazil, which will have ten digits (a sequence of nine numbers plus a check digit).

Currently, each state adopts a different numbering systems and its own emission, which leads to fraud and enables one person to make more documents. The intention is to exchange all documents - are 150 million today - up to ten years.

The model is similar to a bank card with chip - which include personal data, Individual taxpayers number and voter registration. Furthermore, the document will also have a fingerprint adapted to AFIS (Automated Fingerprint Identification System). Thus, in any establishment in the country, you can compare the digital and see if the document is indeed in the hand of its owner.

Visa to the USA

The Brazilian Ministry of Foreign Affairs and the US Embassy in Brazil announced the reciprocal concession of 10-years validity visas for the purposes of tourism and business since May 28th 2010.

Both of the countries also decided to eliminate the extras fees charged for visas issued for business travel, students and exchange visitors/visiting professors.  For these types of visas, although, it will still be applied a fee to pick up the passport.

More information can be found at: http://www.embaixada-americana.org.br

Personal Address

We inform that it will not be allowed anymore registrations at the Federal Police to issue RNE with the company address in the field ‘residential address. For the foreign citizens who still have no residential address it can be used the hotel address where they are staying, and after the definition of the place of residence in Brazil, the foreign citizen should request a change of address at the Federal Police. 

Normative Resolution #86

The National Immigration Council (CNIg) approved the Normative Resolution #86 of May 12^th 2010, which instructs the concession of visas item I to athletes for intensive training in sports.

The visa regulated by this new Resolution only applies to foreign citizens who are between 14 to 21 years old and is approved by the Ministry of Foreign Affairs. The request of this type of visa should be applied at a Brazilian consulate or embassy abroad.

The validity of this visa will be up to 12 months, being allowed its extension successively upon confirmation of registration at school, good grades, among other requirements.

The Resolution #86/2010 forbids the remuneration of the foreign citizen’s contemplated by this visa, except for the payment of financial aid.

It should be noticed that this new resolution revoked the Resolution #26/1998, which instructs the visa permit intended for intensive training to athletes who are under 21 years old.