Brazil

Currency
Brazilian real (BRL)
Payroll Frequency
Fortnightly or monthly
Employer Taxes
28.00% to 30.50%

About 

Brazil

Brazil shares a border with all the countries located in South America except Chile and Ecuador. The country is home to one of the seven wonders of the modern world, the Christ the Redeemer statue.

Overview

Population
210,147,125
Language
Portuguese
Capital
Brasilia
Currency
Brazilian real (BRL)
Country code
+55
Min wage
1,100 BRL
Working hours
8 AM - 5 PM
Weekdays
Monday to Friday
Work hours per week
44

Payroll

Cycle
  • The finance cycle is either fortnightly or month to month and is paid on the 15th and 30th of every month.
  • A mandatory 13th salary equal to one months’ pay is paid out at the end of the year.
Avg employer tax

28.00% to 30.50%

Taxation

Tax breakdown - Employer
  • Social Security contributions (INSS): 20% to 22.50%
  • Employees Severance Indemnity Fund (FGTS): 8%"

VAT
  • 17% standard rate

Holidays / PTO

Public holidays in 2024
  • 1 Jan: Friday, New Year's Day
  • 15 Feb: Monday, Carnival Monday
  • 16 Feb: Tuesday, Carnival Tuesday
  • 17 Feb: Wednesday, Carnival end (until 2pm)
  • 2 Apr: Friday, Good Friday
  • 21 Apr: Wednesday, Tiradentes Day
  • 1 May: Saturday, Labor Day / May Day
  • 3 Jun: Thursday, Corpus Christi
  • 7 Sep: Tuesday, Independence Day
  • 12 Oct: Tuesday, Our Lady of Aparecida / Children's Day
  • 28 Oct: Thursday, Public Service Holiday
  • 2 Nov: Tuesday, All Souls' Day
  • 15 Nov: Monday, Republic Proclamation Day
  • 24 Dec: Friday, Christmas Eve (from 2pm)
  • 25 Dec: Saturday, Christmas Day
  • 31 Dec: Friday, New Year's Eve (from 2pm)
Sick days
  • For the initial 15 days of disease, the employer pays 100% of the worker's compensation.
  • From the sixteenth day onwards, social security pays for the leave of up to 6,101 BRL.
Maternity leave
  • Female workers qualify for 120 days of paid maternity leave and an extension by a limit of about a month on clinical grounds (fourteen days earlier and fourteen days after birth).
  • Maternity leave is paid at 100% of the standard wages by the business. However, the business can guarantee installment back through derivations on federal retirement aid installments.
  • If the employer is enrolled in the government scheme called Empresea Cidada, maternity leave can be extended to a total of 180 days.
Paternity leave
  • Fathers qualify for 5 days of paid paternity leave.
  • Pay is 100% of customary wages and is paid by the employer.
  • In the event that the employer is enrolled in Empresa Cidada, paternity leave can be extended to 20 days.

Termination

Termination Process
  • Employment contracts can be terminated at any time, as long as the proper notice is given.
  • Employees who are exempt from this are those that fall under union representatives, members of the Internal Committee for Accidents Prevention (CIPA), pregnant employees, employees with work-related injuries, and employees who fall under certain collective agreements.
  • Termination must be communicated in writing.
Notice Period
  • Notice is only required in certain cases.
  • Termination of the employment agreement initiated by the employer:
  • Up to 1 year of employment- 30 days’ notice.
  • Over 1 year of employment- 30 days’ notice + 3 additional days for each year worked (up to a maximum of 60 additional days).
  • Termination initiated by the employee: The employee must give 30 days’ notice. If the termination is initiated during the probation period, the employee may request to be released sooner than the 30 days.
  • Termination under mutual consent cuts the notice period into half.
Severance Pay
  • The amount of severance pay varies based on how the employment agreement is terminated.
  • When severance is required, the employee is entitled to one month’s wages for every year employed.
  • Employers contribute 8% to the Severance Fund (FGTS), and when the employee is dismissed by the employer, 40% of the balance is paid as a termination fee.
  • When the termination falls under mutual consent, 20% of the balance is paid out.
Probation Period
  • 45 days but can be extended to 90 days.

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Tax Calculation

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BR
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Top Countries
Employer cost
Total monthly cost of employment
GBP 9,633
Gross monthly salary costs
GBP 8,334
Estimated taxes and contributions
GBP 8,334
Employee cost
Net monthly salary
GBP 5,137
Gross monthly salary
GBP 8,334
Estimated taxes & social security
GBP 8,334
Employer cost
Total yearly cost of employment
GBP 9,633
Gross yearly salary costs
GBP 8,334
Estimated taxes and contributions
GBP 8,334
Employee cost
Net yearly salary
GBP 5,137
Gross yearly salary
GBP 8,334
Estimated taxes & social security
GBP 8,334
Request a detailed quotation

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Brazil

Currency
Brazilian real (BRL)
Payroll Frequency
Fortnightly or monthly
Employer Taxes
28.00% to 30.50%

About 

Brazil

Brazil shares a border with all the countries located in South America except Chile and Ecuador. The country is home to one of the seven wonders of the modern world, the Christ the Redeemer statue.

Overview

Population
210,147,125
Language
Portuguese
Capital
Brasilia
Currency
Brazilian real (BRL)
Country code
+55
Min wage
1,100 BRL
Working hours
8 AM - 5 PM
Weekdays
Monday to Friday
Work hours per week
44

Payroll

Cycle
  • The finance cycle is either fortnightly or month to month and is paid on the 15th and 30th of every month.
  • A mandatory 13th salary equal to one months’ pay is paid out at the end of the year.
Avg employer tax

28.00% to 30.50%

Taxation

Tax breakdown - Employer
  • Social Security contributions (INSS): 20% to 22.50%
  • Employees Severance Indemnity Fund (FGTS): 8%"

VAT
  • 17% standard rate

Holidays / PTO

Public holidays
  • 1 Jan: Friday, New Year's Day
  • 15 Feb: Monday, Carnival Monday
  • 16 Feb: Tuesday, Carnival Tuesday
  • 17 Feb: Wednesday, Carnival end (until 2pm)
  • 2 Apr: Friday, Good Friday
  • 21 Apr: Wednesday, Tiradentes Day
  • 1 May: Saturday, Labor Day / May Day
  • 3 Jun: Thursday, Corpus Christi
  • 7 Sep: Tuesday, Independence Day
  • 12 Oct: Tuesday, Our Lady of Aparecida / Children's Day
  • 28 Oct: Thursday, Public Service Holiday
  • 2 Nov: Tuesday, All Souls' Day
  • 15 Nov: Monday, Republic Proclamation Day
  • 24 Dec: Friday, Christmas Eve (from 2pm)
  • 25 Dec: Saturday, Christmas Day
  • 31 Dec: Friday, New Year's Eve (from 2pm)
Sick days
  • For the initial 15 days of disease, the employer pays 100% of the worker's compensation.
  • From the sixteenth day onwards, social security pays for the leave of up to 6,101 BRL.
Maternity leave
  • Female workers qualify for 120 days of paid maternity leave and an extension by a limit of about a month on clinical grounds (fourteen days earlier and fourteen days after birth).
  • Maternity leave is paid at 100% of the standard wages by the business. However, the business can guarantee installment back through derivations on federal retirement aid installments.
  • If the employer is enrolled in the government scheme called Empresea Cidada, maternity leave can be extended to a total of 180 days.
Paternity leave
  • Fathers qualify for 5 days of paid paternity leave.
  • Pay is 100% of customary wages and is paid by the employer.
  • In the event that the employer is enrolled in Empresa Cidada, paternity leave can be extended to 20 days.

Termination

Termination Process
  • Employment contracts can be terminated at any time, as long as the proper notice is given.
  • Employees who are exempt from this are those that fall under union representatives, members of the Internal Committee for Accidents Prevention (CIPA), pregnant employees, employees with work-related injuries, and employees who fall under certain collective agreements.
  • Termination must be communicated in writing.
Notice Period
  • Notice is only required in certain cases.
  • Termination of the employment agreement initiated by the employer:
  • Up to 1 year of employment- 30 days’ notice.
  • Over 1 year of employment- 30 days’ notice + 3 additional days for each year worked (up to a maximum of 60 additional days).
  • Termination initiated by the employee: The employee must give 30 days’ notice. If the termination is initiated during the probation period, the employee may request to be released sooner than the 30 days.
  • Termination under mutual consent cuts the notice period into half.
Severance Pay
  • The amount of severance pay varies based on how the employment agreement is terminated.
  • When severance is required, the employee is entitled to one month’s wages for every year employed.
  • Employers contribute 8% to the Severance Fund (FGTS), and when the employee is dismissed by the employer, 40% of the balance is paid as a termination fee.
  • When the termination falls under mutual consent, 20% of the balance is paid out.
Probation Period
  • 45 days but can be extended to 90 days.

Tax Calculation

*
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
BR
*
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Top Countries
Employer cost
Total monthly cost of employment
GBP 9,633
Gross monthly salary costs
GBP 8,334
Estimated taxes and contributions
GBP 8,334
Employee cost
Net monthly salary
GBP 5,137
Gross monthly salary
GBP 8,334
Estimated taxes & social security
GBP 8,334
Employer cost
Total yearly cost of employment
GBP 9,633
Gross yearly salary costs
GBP 8,334
Estimated taxes and contributions
GBP 8,334
Employee cost
Net yearly salary
GBP 5,137
Gross yearly salary
GBP 8,334
Estimated taxes & social security
GBP 8,334
Request a detailed quotation