TF inter

Do I need to open a bank account in Brazil to be a partner or invest here?

TF inter · July 07, 2026

In most cases, yes. The company usually needs a Brazilian account to receive, pay, and move money. For an individual investor, the account helps with receiving profits and organizing their financial life here. Banks require a CPF (individual taxpayer ID) and often a representative in the country. This varies from bank to bank. TF inter guides clients from the Americas on which documents to bring and how to prepare for that conversation with the bank. We don't open the account for you, but we get everything ready so the bank says yes.

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I'm American and have never lived in Brazil. Can I still get a CPF? I live in Mexico and want to have a company in Brazil. Do I need to come to the country for that? What is the difference between CPF and CNPJ when a foreigner wants to invest here? What exactly is this power of attorney that every foreigner needs to have in Brazil?