Discover how we helped Covantis employ legally and compliantly in Brazil

Covantis, a global digital platform for agricultural commodities trading, needed to establish a presence in Brazil to serve the local market and expand their operations in Latin America. As an international company, they faced significant challenges in understanding and complying with Brazil's complex labor laws, tax regulations, and employment requirements.

The company needed to hire local talent quickly to support their business operations but lacked the infrastructure and legal knowledge to navigate Brazil's intricate employment landscape. Setting up a local entity would have been time-consuming and costly, potentially delaying their market entry and competitive positioning.

Covantis required a solution that would allow them to hire employees in Brazil while ensuring full compliance with local regulations, without the burden of establishing and maintaining a legal entity in the country.

Europortage provided Covantis with a comprehensive Employer of Record (EOR) solution that enabled them to hire and manage employees in Brazil without establishing a local legal entity.

The solution included:
- Complete legal compliance management for all employment-related matters in Brazil
- Handling of payroll processing, tax calculations, and statutory benefit administration
- Management of employment contracts in accordance with Brazilian labor laws (CLT - Consolidação das Leis do Trabalho)
- Administration of mandatory benefits including 13th salary, vacation pay, and FGTS (Severance Indemnity Fund)
- Ongoing HR support and guidance on Brazilian employment practices
- Real-time responsive support for all client requests and inquiries

Europortage's team of local experts ensured that all aspects of employment were handled compliantly, allowing Covantis to focus on their core business operations while having peace of mind about legal compliance.

Through Europortage's EOR services, Covantis successfully established their operations in Brazil with full legal compliance. The partnership enabled them to:

- Hire local talent quickly without the delays and costs associated with entity setup
- Maintain complete compliance with Brazilian labor laws and tax regulations
- Access responsive, expert support for all employment-related matters
- Focus on business growth and market development rather than administrative complexities
- Establish a strong foundation for their Brazilian operations

The collaboration proved highly successful, with Covantis expressing satisfaction with the quality of service and responsiveness provided by Europortage's team.