Latitud Formation

Raise money from institutional VCs

with a Cayman sandwich.

Start your company

From investor commitment to money in
the bank in 30 days

All-in-one solution in 3 layers

Tailored to Brazilian startups raising seed and series A rounds

  • Cayman Islands LC
  • Delaware LLC
  • Brazilian LTDA

The Cayman sandwich

A structure investors know and love


VCs and angels will ask you about your corporate structure, and this is an answer they'll be happy to hear.

Tax-optimized for exits


An inefficient setup can cost you and your investors millions - it's what happened with Brian and Viva Real.

Ideal for startups that think big


In fact, half of LatAm unicorns are set up in Cayman.

Who it is for

Startups operating in Brazil.

In conversations with institutional investors.

Raising upwards of USD $500k.

Starting from scratch?

We set up your Cayman sandwich with a clean slate.

or

Already operating?

We flip your existing LTDA into an international setup.

What you get in record time

Industry-standard company setup in three jurisdictions at a fraction of the time and cost.

All of your incorporation documents stored in a secured data room.

Local and international bank account setup with top-tier banking partners.

Support in wiring down the money from the Cayman Islands to your operations.

Introductions to trusted legal and financial advisors to help maintain your structure.

How it works

1

Collecting information

You provide info and docs needed to get the process started.

2

International setup

We open your legal entities in Cayman and the United States.

3

Foreign bank accounts

We get your bank accounts set up to receive investments.

4

Setup in Brazil

We open or flip your LTDA under your new structure.

5

Local bank account

We help you move your money downstream.

Start your company

Testimonials

Not getting the right corporate governance when we're investing in a company in Brazil can have pretty significant consequences. Latitud Formation is making this much easier.

David Haber,

General Partner at a16z

Photo of David Haber,

Latitud Formation will have an amazing impact on future exits we'll have in Latin America.

Antonia Rojas Eing

Partner at ALLVP

Photo of Antonia Rojas Eing

Latitud Formation can make all the difference when it comes to attracting capital and closing deals with international investors.

Itali Pedroni Collini

Principal at Potencia Ventures

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There are many important things you should focus on when launching your startup, but worrying about setting up the right legal structure isn't one of them. Now you don't have to.

Julio Vasconcellos

Managing Partner at Atlantico

Photo of Julio Vasconcellos

Latitud Formation helped me from setting up operations to finding investment paths, and they've been mentors to my business instead of just 'some guy' who solved my incorporation problems.

Leonardo Tosta

Co-founder & CEO of FYNT

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Set it and forget it - that was my feeling while incorporating a new startup via Latitud Formation. If you're looking to start something from scratch, let Latitud handle everything you need from start to finish.

Guilherme Pinho

Building in stealth mode

Photo of Guilherme Pinho

Being a lawyer and an entrepreneur, I knew how crucial it was to get my company formation right from day 1. When a company like Latitud puts a product together, you know you can trust it.

Cauê Cardoso

Co-founder & CEO of volpi.tech

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Latitud Formation took away the headache of dealing with incorporation.

Isaac Matzner

Co-founder of Teddy Benefícios

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Is the Cayman sandwich right for me?

Find out now

Why Latitud Formation

Trust

We work with the best lawyers in Cayman, US and Brazil to make sure our legal documents are up to the highest standard.

Gunderson Dettmer Pinheiro Neto Carey Olsen

Results

Customers have gone on to raise capital from top-tier investors worldwide with our corporate structures.

Andreessen horowitz QED Canary NfX

ROI

Hit the ground running with over $250k in deals from best-in-class business solutions for startups.

Jeeves Stripe AWS HubSpot

Common questions founders have

In what cases should I go for a Tostada instead of a Cayman Sandwich?

How does the structure work?

Is the LLC in the middle of the Cayman Sandwich necessary?

Can you help me convert my local company into a Cayman sandwich?

Does Latitud Formation support opening bank accounts in the US and Cayman?

How much does it cost to maintain the structure?

Will you help me with the tax and compliance yearly filings? How does that work?

Get started with Latitud Formation

Start my company