E-commerce drives business in Brazil

January 18, 2013
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Ecommerce in Brazil

Businesses that are attempting to work within Brazil are often focused on providing consumers or other companies with necessary products. This may take the form of e-commerce, as more customers have focused on shopping online in order to avoid hectic delays at the mall or local stores. When it comes to electronic commerce, various businesses may decide to buy real estate in Brazil and set up new sites or factories to develop the products for sale.

All of these business dealings will bring about the need to work with a Brazilian law firm and expert Brazilian lawyers who are knowledgeable on business mergers, acquisitions, and real estate law. A knowledge in Brazilestate law is necessary for any company that wishes to expand services to this country and provide an e-commerce option for their customers.

Some of the laws in Brazil that affect electronic commerce development include security management, unsolicited e-mailed advertisements, commercial codes and transaction authentication. The information entered in by patrons of a company, for example, shows the need for strict security policies, as credit card data could bring hackers to a website. Data security is becoming a major objective in the new year for many businesses, according to a press release issued by the financial advisory firm Deloitte Touche Tohmatsu Limited.

"Security is finally on the agendas of the board and C-Suite executives. It's one of the most significant shifts we've seen among our TMT clients over the past 12 to 24 months,"Irfan Saif, principal of Deloitte & Touche LLP and security and privacy leader to the TMT sectors, said in the press release. "Moreover, organizations are beginning to view security as a value-driver for the business and a marketplace differentiator, and companies are now thinking about how to shift their strategy for driving security across the enterprise."

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