Business Establishment

Any entrepreneur needs to organize the elements of the production by applying a minimum set of assets (tangible and intangible) for the operation of an economic activity. The Brazilian law has given the name of "establishment" ("estabelecimento") for this group of assets to support an economic activity. The Brazilian Civil Code in section 1,142 defines "establishment" as a group of assets organized for the activity of a company by an entrepreneur (individual) or by a business company.

Establishment can be defined as a conglomerate of assets used for the company to operate a business. The establishment comprises both tangible goods (such as buildings, facilities, inventories), and intangible goods (such as trademarks and patents).