Blog Details

Portugal has emerged as a popular destination for entrepreneurs and businesses looking to expand or establish a presence in Europe. With its strategic location, favorable tax regime, skilled workforce, and access to European Union markets, Portugal offers a conducive environment for business growth. Our company specializes in providing end-to-end business setup services in Portugal, ensuring a seamless and compliant process for our clients.

Our Services for Business Setup in Portugal

1. Company Incorporation

• Business Structure Selection: We assist clients in choosing the most suitable business structure, such as:
  1. Sole Proprietorship (Empresário em Nome Individual)
  2. Limited Liability Company (LDA – Sociedade por Quotas)
  3. Public Limited Company (SA – Sociedade Anónima)
  4. Branch Office
  5. Representative Office
• Name Reservation: We handle the reservation of the company name with the National Registry of Legal Entities (RNPC).
• Drafting Articles of Association: Our legal team prepares the necessary documentation, including the Articles of Association (Estatutos).
• Registration with Commercial Registry: We manage the registration of the company with the Commercial Registry Office (Conservatória do Registo Comercial).
• Tax Identification Number (NIF): We obtain the NIF for the company and its shareholders from the Portuguese Tax Authority (Autoridade Tributária).

1. Tax and Accounting Services

1.  
   1. VAT Registration: We assist with VAT (IVA) registration and compliance with Portuguese tax laws.
   2. Corporate Tax Planning: Our experts provide guidance on Portugal’s corporate tax regime, including the 20% corporate tax rate and incentives for startups and SMEs.
   3. Accounting and Bookkeeping: We offer comprehensive accounting services, including financial reporting, payroll management, and compliance with local accounting standards.
   4. Annual Financial Statements: Preparation and submission of annual financial statements to the tax authorities.

1. Legal and Compliance Services

1. 1. Legal Advisory: Our legal team provides advice on Portuguese business laws, contracts, labor regulations, and intellectual property rights.
   2. Work Permits and Visas: We assist foreign entrepreneurs and employees in obtaining the necessary work permits and visas, such as the Golden Visa or D2 Entrepreneur Visa.
   3. Compliance with EU Regulations: Ensuring your business complies with European Union laws and standards.
   4. Licensing and Permits: We help secure industry-specific licenses and permits required for your business operations.

1. Bank Account Opening

1. 1. We facilitate the opening of a corporate bank account with leading Portuguese banks, ensuring smooth financial transactions for your business.
   2. Assistance with online banking setup and integration with accounting systems.

1. Office Setup and Virtual Office Services

1. 
   
   1. Physical Office Setup: We help you find and lease office space in prime locations across Portugal, including Lisbon, Porto, and the Algarve.
   2. Virtual Office Services: For businesses that do not require a physical presence, we offer virtual office services, including a registered business address, mail handling, and call forwarding.

1. Recruitment and HR Services

1. 1. Talent Acquisition: We assist in recruiting skilled professionals in Portugal, leveraging our network and local job portals.
   2. Employment Contracts: Drafting and reviewing employment contracts in compliance with Portuguese labor laws.
   3. Payroll Management: Handling payroll processing, social security contributions, and employee benefits.

1. Immigration and Relocation Support

1. 1. Golden Visa Program: Guidance on obtaining residency through investment in Portugal.
   2. Relocation Assistance: Support with housing, schooling, and integration into Portuguese society for expatriates and their families.

1. Business Advisory and Market Entry Strategy

1. 1. Market Research: Conducting in-depth market research to identify opportunities and challenges in the Portuguese market.
   2. Business Plan Development: Assisting in creating a robust business plan tailored to the Portuguese market.
   3. Partnership and Networking: Connecting clients with local businesses, industry associations, and government agencies.

1. Post-Incorporation Support

1. 1. Ongoing Compliance: Ensuring your business remains compliant with Portuguese laws and regulations.
   2. Tax Filing and Reporting: Regular tax filing and reporting services to avoid penalties.
   3. Renewal of Licenses and Permits: Managing the renewal of business licenses and permits as required.

Why Choose Portugal for Business Setup?

1. 1. Strategic Location: Portugal serves as a gateway to Europe, Africa, and the Americas.
   2. Favorable Tax Regime: Competitive corporate tax rates, tax incentives for startups, and double taxation treaties.
   3. Skilled Workforce: Access to a highly educated and multilingual workforce.
   4. Quality of Life: Portugal is known for its high quality of life, making it attractive for expatriates.
   5. EU Membership: Access to the European Single Market and EU funding programs.

Our Process

1. Initial Consultation: Understanding your business goals and requirements.
2. Feasibility Study: Assessing the viability of your business in Portugal.
3. Company Formation: Handling all legal and administrative steps for incorporation.
4. Post-Setup Support: Providing ongoing support to ensure your business thrives in Portugal.

For more information or to schedule a consultation, Let us help you turn your business aspirations into reality in Portugal!