Why India, why now
- Brazil: bilateral trade of about USD 15 billion in 2025-26, a USD 30 billion target by 2030, and a social security agreement in force since January 2024.
- Mercosur: talks to expand the India–Mercosur preferential trade agreement were launched in September 2026.
- Mexico: more than 250 Indian companies operate in Mexico, and Mexican groups such as Bimbo, Softtek and Nemak invest in India.
- Chile and Peru: trade agreements with India are under negotiation.
Tax treaty rates on payments from India
| Country | Dividends | Interest | Royalties | Technical fees |
|---|---|---|---|---|
| Brazil (amended protocol, from India’s 2026-27 tax year) | 10% (20%+ holding for 365 days) / 15% | 10% / 15% | 10% (15% trademarks) | 10% |
| Mexico | 10% | 10% | 10% | 10% |
How we help
- Indian subsidiary setup, FDI reporting and a resident-director plan.
- Captive and offshore teams — see GCCs in India.
- Monthly reporting in English to headquarters, as a fractional CFO.
We work in English and coordinate with your local accountants in Brazil or Mexico for home-country filings.
Doing business in India from abroad?
Need anything done in India — checks, research, filings, tax or accounting? Your team on the ground in India.
Due diligence in IndiaFinancial, tax and FEMA due diligence on Indian companies for foreign investors and acquirers.Indian subsidiary complianceAccounting, tax, FEMA and ROC compliance for Indian subsidiaries — reported to the parent.India tax for foreign companiesWithholding, treaty relief (TRC, Form 41), PAN, PE reviews, returns and GST for foreign suppliers.India market entry researchFeasibility, regulatory mapping, cost and tax models, and partner research from public filings.
Frequently asked questions
How can a Brazilian company set up in India?
Usually through a wholly owned Indian private limited subsidiary under the automatic FDI route, with a resident director, FC-GPR reporting within 30 days of issuing shares, and transfer pricing for charges to the Brazilian parent.
What are the India–Brazil tax treaty rates from 2026?
Under the amending protocol applying in India from the 2026-27 tax year: dividends 10% (for holdings of at least 20% for 365 days) or 15%, interest 10% or 15%, royalties 10% (15% for trademarks) and technical fees 10%.
Does India have a social security agreement with Brazil?
Yes, in force since 1 January 2024, with a posting exemption of up to 36 months.