During the World Economic Forum in Switzerland, the former president of Bradesco, Luiz Carlos Trabuco Cappi discussed the intricacies of the Brazilian economy and many of the difficulties the country has endured in recent times. Trabuco Cappi has had over 50 years of experience in the world of finance and banking and shared his expertise in the assessment of climate of business community and the economy overall.
Brazil has endured many unfortunate events that have negatively affected the country’s ability to grow and sustain substantial growth. There have been tremendous efforts by the private sector as well as the Brazilian government to work together forming public private partnerships (PPP). PPPs have gained great success in helping stimulate the economy, increase the GDP, create jobs, and lower the country’s deficit. Luiz was quick to point out that despite the recent success, Brazil has experienced the largest economy in Latin America has a long way to go. Luiz Carlos Trabuco Cappi also voiced his belief that only financial risk solutions are needed to sustain the recent success experienced by the country. Read more about Trabuco Cappi at Crunchbase.com
Luiz Carlos Trabuco Cappi highlighted that Brazil began entering a recovery cycle and this was the reason for the measurable success experienced in 2014. During the initial phases of the recovery cycle, it is expected to see improvements in the economy. These initial improvements are due mainly to the concerted efforts of all parties involved. The true test of the country’s ability to sustain growth and continue moving in a positive direction will come during the last phases of the recovery cycle. Currently, we are in the very early stages and only time and continued efforts moving forward will be a true test.
Luiz Carlos Trabuco Cappi recently stepped down as president of Bradesco a position he held dating back to 2009. The current president, Octavio de Lazari Junior was recently announced to become the new president after serving as the vice president. In addition to the new president the economic veteran and longtime Chairman of the Board, Lazaro Brandao recently announced his retirement.
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For many entrepreneurs who are running a business in Brazil, they understand the implications of tax burdens that could become a problem for them and their revenue. A new law, called the Fiscal Incentives Law, has been made to help business owners get back on their taxes the more revenue they make and the more money they put into their companies. The idea behind the law is to encourage more people to open businesses rather than deter these individuals because of high taxes and penalties. View crunchbase.com to learn more
Flavio Maluf, who is the CEO and owner of Eucatex, discussed the benefits of this law in a recent interview he conducted with Terra. However, he advises new business owners to open their companies with caution, as there are still a lot of regulations and laws governing tax for entrepreneurs and self-employed workers. Flavio Maluf has been the owner of Eucatex since 1997, but the company has been in business since 1951. The company uses eucalyptus as a way to manufacture flooring, walls and other items. Because eucalyptus is so readily available, especially in Brazil, Flavio Maluf saw a market for a more sustainable product to be used for flooring. This cuts down on the amount of trees that have to be cut down in order to produce the same types of products.
Flavio Maluf graduated from the Armando AlvaresPenteado Foundation with a degree in engineering. He used this degree to help develop different projects and programs within the Eucatex company itself. He believes that in order for an entrepreneur to be successful in his industry, he has to be orderly and incredibly organized. Flavio Maluf spends most of his day in the office, working on a variety of projects and manning the 350 people who work underneath him. When he is not in the office, Flavio Maluf enjoys spending time with his family, which consists of his wife and two children. He is also a lover of all things sports-related, and can often be found working on a wide variety of sporting teams and attending a series of events in the Sao Paulo area.
Read more: https://www.mundodomarketing.com.br/noticias-corporativas/conteudo/108970/conheca-com-flavio-maluf-algumas-dicas-para-administrar-uma-empresa-familiar
The one thing that discourages most young entrepreneurs to start their own business in Brazil is because of the high tax duties their companies would have to pay to the government. Anyone who has a “live” business based in Brazil would understand that such high costs could be discouraging and sometimes overwhelming to any business start-up. However, some solutions can lower such costs, and Flavio Maluf, the President of Eucatex, believes that acquiring these tax deductions could help encourage new businesses to push with their pursuits. Visit barbacenaonline.com to learn more.
One solution for such predicament would be taking advantage of the tax incentives from the government. According to Flavio Maluf, there are now Fiscal Incentive Laws in Brazil that give companies both the opportunity and duty to divert some of their tax obligations to other projects in the society that later on could benefit their company.
For example, the company gets lower tax duties if they promise to spend most of their profits to donations for charity causes and technological programs that benefit the society in general. The main idea behind this is that the government would encourage companies to foster economic growth in the country, and by lowering taxes through this, companies would then be more likely to put their money in donations instead. These companies can then just file their donations under their advertising expenses, and so by donating, they’re saving on advertising costs. Instead of paying for advertising, stimulating the country’s economy is now their advertising strategy.
Flavio Maluf also points out that companies that focus on certain government priorities will also get extra tax incentives. If the business operates in an area that the government needs more support to generate jobs for the country, it can get such tax benefits. These sectors could range from aerospace, export companies, infrastructure or even areas that benefit incentive laws.
About Flavio Maluf’sEucatex
Eucatex is the trading firm where Flavio Maluf began his business career in 1987. It was there that he first learned everything to do with trading, mainly because his uncle was then the company’s president. Right now, Flavio Maluf is the President of Eucatex, and he is now the man responsible for the company’s current impressive success.
We all have to pay taxes. Not only is it a requirement in practically all areas where governments reside, but taxes allow localities to grow and maintain their infrastructure. Due to the complications and how expensive taxes are in Brazil, this makes it difficult for your average company. The larger the company, the more tax benefits it in turn has, while the smaller companies are thrust into a differentiated tax regime. According to entreprener Flavio Maluf, the average number of days to open a company in Brazil is extremely high in comparison to the United States. For instance, in Brazil it takes on average, around 107 days to open a business. The United States enjoys a five day wait time in most conditions. Learn more about Flavio Maluf at InfoMoney.
The tough part is when regulations and specific certificates are thrown into the mix. When one takes these additions into account, you can be sure to expect delays to be greater when trying to accomplish said goals. Flavio goes into money matters, and reminds business owners and entrepreneurs alike that no one can open a stable, profitable business without some financial planning. With that being said, the myth is still floating around out there that a potential investor, or entrepreneur needs to have a lot of money to start a business. There are many business models of the type where a great deal of capital isn’t needed to start up and be successful.
Opening a company in Brazil is not the easiest according to World Bank reports, and even common knowledge. Flavio Maluf has reason to celebrate, due to the fact his company Eucatex and Duratex have confirmation that they will do business with each other in the near future. While Eucatex will give a farm in Capao Bonito, they will in turn receive a production line for thin sheets of wood in Botucatu. All of this change means a lot for Maluf, and of course Eucatex as a whole. While the plant has 280 employees, Duratex will be resuming production at its factory in Itapetinga. It has been stated that the re-inaugartion will take place in April of 2018.
Felipe Montoro Jens serves as the Chief Executive Officer of EnergiparCaptação S.A. His experience in the financial sector has seen him work in several big companies and some of them include Pricewaterhouse Coppers, Enel, and Enron among others. He acquired his academic formation at the American Graduate School of International Management School, which served as the foundation for his successful career. The 25 years’ experience that Felipe Montoro Jens has in the financial and business sectors helped to prepare him for his current responsibilities as the Chief Executive officer of the Odebrecht Properties.
Odebrecht Properties is responsible for private and public partnership for social infrastructure and public concessions. The property they are responsible for the building include schools, hospitals, sports arenas, administrative centers, and reconstructing downtown areas. Felipe Montoro Jens is also responsible for the Company’s assets that are in line with financial restructuring. According to Felipe Montoro Jens the company’s assets, also known as the PPPS and Concessions in Rio de Janerio are mainly for the purpose of pre-school construction. The number of pre-schools the PPP or the public-private partnership plan to build is forty thousand. The construction of the pre-schools is to take place before 2020 ends. Learn more about Felipe Montoro Jens at terra.com
According to Felipe Montoro Jens, the largest private sector to oversee the development that is the International Financial Corporation of the World Bank provides consultation services to the Odebrecht Properties. The IFC also ensures that they help the company determine the various aspects of the project. The Rio de Janerio private and a public partnership were inaugurated in 2012, July. The partnership holds the private partner responsible for the maintenance and construction of the infant educational centers. While the public sector is responsible for the management of the learning or educational center.
The Public and Private partnerships are contracts that the public offices, for instance, states, unions, or other public entities enter with private sectors. In the agreement, the private sector partners are given concessional services before the public works even commence. Such agreements ensure that the community develops in terms of infrastructure and the government can also maintain the developments that arise from such partnerships.