Entry requires a Brazilian LTDA/S/A with 20% Brazilian ownership, BRL 30m capital + BRL 5m guarantee, BRL 30m grant fee, accredited-lab certification, a '.bet.br' domain, and SIGAP filing. SPA review runs up to 150 days plus 45 days at MESP. Realistic time-to-launch is 6-12 months for a well-resourced applicant; capital intensity is the dominant barrier.
Jurisdictions › Brazil › Market entry in practice
Brazil · Question 03 of 11
Market entry in practice: How hard is entry, really?
Mixed · Probable · Not reviewed · Back to full Brazil report →
Key section parameters
| Jurisdiction | Brazil (BR) |
|---|---|
| Regulator | Recorded in register |
| Favourability | Mixed |
| Confidence | Probable |
| Review status | Not reviewed |
| Last collected | 18 Oct 2026 |
Summary answer
Entry requires a Brazilian LTDA/S/A with 20% Brazilian ownership, BRL 30m capital + BRL 5m guarantee, BRL 30m grant fee, accredited-lab certification, a '.bet.br' domain, and SIGAP filing. SPA review runs up to 150 days plus 45 days at MESP. Realistic time-to-launch is 6-12 months for a well-resourc…