How Much Does It Cost To Open Up A Business in Rio?

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Member since 24 November 2016

nickw001Member24 November 2016 20:39:45

Hey Everyone,

How Much does it cost to open up a Business in Rio?

Something like a GYM?

Does anyone have any experience in starting up a business in Brazil?

Any thoughts?

Cheers!

spanishpete Serial expat

Member since 01 August 2013

spanishpeteSerial expat24 November 2016 20:58:48

772

Hi
when you say rio, do mean the state of rio or the city

nickw001 Member

Member since 24 November 2016

nickw001Member25 November 2016 03:18:08

city

spanishpete Serial expat

Member since 01 August 2013

spanishpeteSerial expat25 November 2016 07:23:15

772

if you start small and build the business up, then the costs are small, its like asking "how long is a pace of string",

Dorieus Contributor

Member since 22 August 2016

DorieusContributor27 November 2016 18:16:34

113

The government fees are nominal, and tax is low on small businesses (provided you open the right type) if that's what you mean. Opening a gym is one of those things that could cost you a million or a hundred thousand, it depends on how much the machines cost.

Labour is pretty cheap in Brazil, for a secretary etc, but you need a qualified instructor, or is it a pjysio?, in your gym by law I think...so that might push up your costs.

I wouldn't open one if I hadn't lived in Brazil for while, and had a good idea of what is necessary for that particular business.

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