Registering a company in Portugal

This is a European country that is well positioned to do business of any kind. The government here supports foreign investors, provides entrepreneurs with certain advantages, tax benefits for large investment projects and foreign firms that invest in certain sectors.

Registering a company in Portugal: advantages of the jurisdiction

Let's list the main advantages of opening a company in the country:

  1. The presence of a stable political situation, the level of economic development.
  2. The country is part of the European Union. Regulation of local business, legislation corresponds to local standards, laws of the European Union.
  3. Foreign investments are encouraged here. If you are planning to register a business in Portugal, investment activity, take into account the fact that the state is included in the list of countries where there are low restrictions on direct investment from abroad.
  4. Skilled professionals. The state has a high level of education, so you can hire qualified employees.

Also, there is an optimal business environment. The government is interested in foreign investors coming in, so businesses often claim tax incentives.

Which is desirable to open a company in Portugal?

To start developing business activities, it is important to choose the optimal form of ownership. In the state you can register a business in Portugal of the following types:

  1. Individual entrepreneur. The businessman chooses one of two types of commercial organization.
  2. LLC. One of the popular types. This form of ownership is chosen by businessmen who planned to formalize a small business in the jurisdiction.
  3. JSC. This form of ownership is suitable for an entrepreneur who has planned to open a large enterprise that has a high level of capital for investment.
  4. Partnership. For registration requires a minimum of two participants, the minimum initial capital.
  5. Joint venture.
  6. Holding company. It must own at least 10% of the corporate rights.

In addition, cooperatives are often formalized here. These are independent legal entities with limited liability.

Open a company in Portugal

Jurisdiction Taxation

The state has a flat tax rate of 25% (offshore zones are not taken into account).

All taxes are paid in advance installments (4 installments are required per year).

Corporate income tax is levied on the profits of resident companies received in other countries. The tax on income is 21%. In addition, other surcharges are also added to this rate.

How to open a company in Portugal and obtain citizenship?

Organizing any business in this country is a strategic step for any businessman, regardless of location on the planet. It is also an opportunity to obtain a residence permit, which can be considered the final step in the process.

To establish a business, it is necessary to obtain an official paper that allows people from countries other than the EU to reside, legally work in the jurisdiction. This is an important requirement for individuals who plan to open a company in Portugal, to invest in the development of the country. The obtained permission offers businessmen different benefits, for example, to receive education, treatment, social services and so on.

Why should you entrust the opening of the company to the specialists of our company?

Many foreign businessmen who want to enter the market in Europe, consider the jurisdiction as a place to conduct business activities. In the state you can open different enterprises.

For detailed data, professional advice, we advise you to contact directly with the specialists of our organization. They will help with the choice of form of ownership, advise how to competently conduct business in the territory of this jurisdiction.

They will help you with the choice of form of ownership, advise how to competently conduct business in this jurisdiction.

Maxim Stepanenko

Maxim Stepanenko

Managing partner of Crystal.tax

A wide range of legal services from Crystal Tax: registration of offshore companies in all world jurisdictions, solving issues related to taxation, opening bank accounts and many others.

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