BRAZILIAN SHIPPING COMPANY (“BSC”)
Partners - At least two partners or sharehoders (legal entities or individuals)
There is no restriction as to the number of quotas/shares held by those
stockholders and its nationality, meaning that they may be foreign
companies or individuals.
Administrator - The administrator should be a Brazilian citizen or a foreigner
individual holding a permanent Brazilian visa.
Type of BSC - The company can be incorporated as a corporation or as a
limited liability company and it is mandatory to have an office located within
Brazilian territory.