Brazil's accession to the Apostille Convention last year has made doing business in Brazil a bit easier for foreigner investors.
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Brazil considers joining the Organization for Economic Co-operation and Development (OECD) as it looks for new ways to improve its economy.
The partners of the law firm Mossack Fonseca, Ramón Fonseca and Jürgen Mossack, were arrested in February, but were granted bail last month.
The tide is turning in Brazil. Efforts to stimulate both domestic and foreign investment are putting Brazil on the road to economic recovery.
In a recent decision, Brazil's Supreme Court held that foreign residents have the same rights as Brazilian citizens to receive certain welfare benefits.
Starting on May 2, 2017, businesses in Brazil can be formed with a single shareholder (EIRELI) that is either an individual or a company.
In 2016 Brazil boosted its economy by almost 47 billion reais through taxes and fines on previously undeclared assets. Now it seeks to do it again in 2017.