Flaviopédia Português
Brazil that Prospers

Your own business

whoever employs themselves lifts the country off the State's back

Proposes creating Minha Primeira Empresa, with less red tape, training through Sistema S and credit from CAIXA, and supporting the internationalization of small and medium-sized businesses via BNDES and Apex-Brasil.

In the program: [p. 45, 46] · Translated by Flaviopédia from the official Portuguese text; the Portuguese quote is authoritative. Read the original in Portuguese

What the program says

Millions of Brazilians do not want a job: they want their own business. They are the ones who generate most of the jobs in the country, and they are the ones the State gets in the way of the most, with red tape, taxes and a lack of credit. And many of them are young people, who would rather employ themselves than wait for their first job opening. For those just starting out, we will create “Minha Primeira Empresa” (“My First Company”): less red tape to open and formalize the business, training and guidance through Sistema S (the employer-funded training and business-support network), so that entrepreneurs learn to manage what they have created, and a pipeline of credit and services from CAIXA (Caixa Econômica Federal, the federal savings bank) within their reach, accompanying them from the first visit to the counter to the first revenue. We will support small businesses with credit to start up and guidance, through the CAIXA network, and support the internationalization of small and medium-sized businesses via BNDES (the national development bank) and Apex-Brasil (the trade and investment promotion agency), so that Brazilian products reach further. Added to the reduction of taxes on production that this plan advocates and to “Brasil sem Fila” (“Brazil without Queues”), which cuts the red tape of opening and running a company, there is a single message: whoever wants to start a business will find in the State a partner, not an obstacle. [p. 45, 46]

In plain language

  • The text states that people who have their own business generate most of the country’s jobs and that the State hinders these entrepreneurs with red tape, taxes and scarce credit.
  • The program proposes creating Minha Primeira Empresa, for those just starting out. It provides for less red tape to open and formalize a business, training and guidance through Sistema S, and a sequence of credit and services from CAIXA that accompanies entrepreneurs from their first service visit to their first revenue.
  • It provides for credit and guidance for small businesses through the CAIXA network.
  • It proposes supporting the internationalization of small and medium-sized businesses through BNDES and Apex-Brasil.
  • The text adds these measures to the reduction of taxes on production and the cut in red tape under Brasil sem Fila, advocated in other parts of the plan.

What is not in the program

  • It does not detail which steps in opening and formalizing companies would be simplified.
  • It gives no amounts, interest rates or eligibility criteria for CAIXA credit.
  • It does not define what the support from BNDES and Apex-Brasil for internationalization would consist of.
  • It gives no timeline, cost or source of funds for the measures.