Re:Brazil: A look into Latin America’s largest startup ecosy...
by diegoholiveira on Tuesday September 11, 2018 @10:02AM
(#17959749)
1) Some universities are good, but most of our public universities are not. UFMG, USP, Unicamp, UFRJ and some others are exceptions, not the rule.
2) I agree completely that the tax rate is not bad, it's around 30%, less than Germany and other countries. The problem is the number of taxes and how complicated is our tax system.
2) The overall tax rate isn't that bad (I live in England now, you'd be surprised). The tax system is complicated but for small companies, falling under Simples rules, it's fairly easy.
Re. labour laws, the fact that labour debts aren't protected by limited liability is fairly bad.
Re. regulated, yeah, it's also pretty complicated to get good legal counsel, despite the amount of law school graduates.