Hire and pay in USD in Brazil with Ontop.

Enable your workers to receive their payments in USD and give them the freedom to choose how to manage their funds: crypto wallets, local bank transfers, and digital payment platforms.

OVERVIEW

Language(s): Portuguese

Currency: Real (BRL)

Capital City: Brasília

Population: 215.3 million

Cost of Living Rank: 95th

VAT (Valued Added Tax): %

EMPLOYER TAXES

36.58 – 41.08‬%

★ 20.00% to 26.80% - Social Security (INSS)
★ 2.00% - Work Accident Insurance (RAT/FAT)
★ 8.00% - Employees Severance Indemnity Fund (FGTS)
★ 5.8% - Terceiros (3rd party institution)
★ 2.78% - Vacation bonus

‍

Why hire in Brazil

Brazil has the largest economy in South America and boasts a massive talent pool with diverse skill sets across various industries.

This country is a recognized leader in innovation, particularly in areas like fintech and agritech.

This can be a great fit for companies seeking cutting-edge talent.

While English proficiency is growing, Portuguese remains the primary language.

This can be a strategic advantage for companies targeting the Brazilian market.

Minimum Salary

1,412 Brazilian reals

Payroll Cycle

Monthly

Holidays Number

Trial Period

45-90 days

Employer Taxes

36.58 – 41.08‬%

Taxes Filing

15%-27.5%

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Testimonials

"Our team is spread across LatAm, so we need to pay salaries in multiple countries. Ontop has been the perfect all-in-one solution, making hiring and payments seamless and on time, no matter the location."

Joseph Burns

CEO