Editing Franchising (section)

===Brazil===
By the end of 2012, about 2,031 franchise brands were operating in Brazil, with approximately 93,000 locations,<ref>{{cite web|last1=Geromel|first1=Ricardo|title=Franchising: The Best Way of Investing in Brazil|url=https://www.forbes.com/sites/ricardogeromel/2012/07/27/franchising-the-best-way-of-investing-in-brazil/#69289e3a51e5|website=Forbes|access-date=22 July 2017|date=27 July 2012}}</ref> making it one of the largest countries in the world in terms of number of units. Around 11 percent of this total were foreign-based franchisors.

The Brazilian Franchise Law (Law No. 8955 of December 15, 1994) defines the franchise as a system in which the franchisor licenses the franchisee, for a payment, the right to use a trademark or patent along with the right to distribute products or services on an exclusive or semi-exclusive basis.
The provision of a "Franchise Offer Circular", or disclosure document, is mandatory before execution of agreement and is valid for all of the Brazilian territory. Failure to disclose voids the agreement, which leads to refunds and serious payments for damages. The Franchise Law does not distinguish between Brazilian and foreign franchisors. The National Institute of Industrial Property (INPI) is the registering authority. Indispensable documents are a Statement of Delivery (of disclosure documentation) and a Certification of Recording (INPI). The latter is necessary for payments. All sums may not be convertible into foreign currency. Certification may also mean compliance with Brazil's antitrust legislation.

Parties to international franchising may decide to adopt the English language for the document, as long as the Brazilian party knows English fluently and expressly acknowledges that fact, to avoid translation. The registration accomplishes three things:

: * It make the agreement effective against third parties
: * It permits the remittance of payments
: * It qualifies the franchisee for tax deductions.