Taxes. Brazilian entrepreneurs have to work 2,600 hours per year to handle paperwork for all their taxes,the highest figure among 183 countries surveyed by the IFC and the World Bank, in the Doing Business study.By comparison, the global average is 282 hours, and the Latin American and Caribbean average, 385 hours. Source: Bradesco Corretora
Published by Hildete Vodopives
Hildete de Moraes Vodopives is founder of Brazil Global and of the Harvard Strategists Group. She has a PhD in Economic History and advises companies and investment agencies in international business development.She served as Corporate Relations Director and later, on the board of the Brazilian Investment Analysts Association (APIMEC).
View more posts
BRAZILGLOBAL.NET 
One thought on “Bureaucracy versus productivity. Still a negative factor”