Consultants in Brazil, whether registered as a MEI, a sole owner company, or a limited company, usually open a business account, or conta PJ, under a registered CNPJ. Many choose a digital bank for no monthly maintenance fee, free instant Pix, and simple invoicing, while some prefer a traditional bank for branch access and broader credit.
Suits Consultants best
No single account suits every consultant. Digital banks tend to fit independent consultants who want low cost and online tools, while traditional banks suit those who want branch access and a wider credit range.
Typical monthly fee
From no monthly maintenance fee at several digital banks to roughly 10 to 80 reais per month for traditional bank packages, as of 28 April 2026.
Non resident position
A foreign owned consultancy needs a Brazilian registered entity with a CNPJ and usually a Brazilian resident representative with a CPF. Verify with the provider.
Providers that fit
Several digital and traditional providers
Fees and features as of 28 April 2026Last reviewed 28 April 2026
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
Consultants in Brazil open a business account, or conta PJ, under a registered company or MEI with a CNPJ. As of 28 April 2026 several digital banks offer no monthly maintenance fee, free instant Pix, and built in invoicing, which suits consultants who bill clients on retainers or projects, while traditional banks offer branch access and broader credit for a monthly package fee. Compare the trade offs and confirm current terms with the provider.
What Consultants in Brazil need from a business account
Consultants typically invoice clients on retainers or per project, manage uneven cash flow between engagements, and pay few suppliers. That makes low cost transfers, clean invoicing through boletos, and clear expense tracking the main needs. The instant payment system Pix is widely used to receive client payments and settles in seconds. Consultants who advise overseas clients also need to think about how they receive foreign payments and the related currency costs. Deposit protection arrangements differ between providers, so weigh cost against protection and service, as of 28 April 2026.
C
Cora
Built for small businesses and sole owners with fast online opening and unlimited free boletos for many plans, though its product range is narrower than a large bank. Deposit protection arrangements differ, so confirm.
Offers a free conta PJ with a wider product range, support for more entity types such as LTDA, and a card with no annual fee. App based with broader services.
A simple conta PJ with no monthly maintenance fee and free unlimited Pix. The PJ account accepts single owner entity types such as MEI and limited companies. Deposit protection arrangements differ, so confirm.
What account do consultants in Brazil usually use?
Consultants usually open a conta PJ, a business account, under a registered company or a MEI with a CNPJ. As of 28 April 2026 many choose a digital bank for no monthly maintenance fee, free Pix, and invoicing tools, while some prefer a traditional bank for branch access. Confirm current terms with the provider.
Can a MEI consultant open a business account in Brazil?
Yes. A consultant registered as a Microempreendedor Individual, or MEI, with a CNPJ can open a conta PJ at most digital and traditional banks. As of 28 April 2026 several digital banks charge no monthly maintenance fee, though some cap the number of free boletos. Verify the current schedule with the provider.
Do consultants in Brazil pay account fees?
It depends on the provider. As of 28 April 2026 several digital banks charge no monthly maintenance fee, while traditional bank packages can run from roughly 10 to 80 reais per month. Some withdrawals and extra services may carry separate charges. Verify the current schedule with the provider.
How do consultants receive payment from overseas clients?
Domestic clients usually pay through Pix or boleto into a conta PJ. For overseas clients, consultants often use an international account such as Wise Business or arrange foreign exchange through a bank, since that affects the rate and the fees. Confirm current costs with the provider, as of 28 April 2026.
Fees, features, and eligibility change and vary by region. This page was last reviewed on 28 April 2026. Confirm current terms with the provider before applying.