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Setting up a company in Portugal

A quick and easy procedure

Say goodbye to tax bludgeoning

Why choose Portugal to set up your business

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Why open your business in Porto

Setting up a business in Portugal offers many strategic advantages. With its favorable economic climate, skilled workforce and attractive tax system, Portugal is an ideal destination. Its innovation ecosystem and investment opportunities make it an environment conducive to growth. Opening a company in Portugal opens up promising prospects for your business.

We know how crucial it is to make informed decisions when setting up a business. That's why our form provides you with a detailed, transparent estimate of the associated costs, including registration fees, professional fees and much more. No more guesswork or unpleasant surprises. You'll have a clear and complete picture of what to expect.

But that's not all! When you contact us, you gain access to a team of dedicated experts, ready to answer all your questions and guide you through the process of setting up your company. We're here to help you choose the type of legal entity best suited to your project, understand the specific legal requirements, and take advantage of the country's attractive tax benefits.

Don't wait any longer to take action! Contact us today and find out how we can support you in your entrepreneurial adventure. Simplify your procedures, benefit from precise, personalized information, and give life to your company in a business-friendly environment. Your success starts here, with our support every step of the way!

Corporate taxation

What are the advantages

Opening a Portuguese company offers an attractive tax rate, rapid start-up and direct access to international markets.

Income tax if you make less than €50,000 profit
17%
Income tax on profits over €50,000
21%
VAT
23%
Dividend tax
28%

Our turnkey package

Your Company in 3 weeks: Fast, Simple, Reliable

Our formula guarantees you a Portuguese business start-up fast, simple and high-quality. Thanks to our expertise, we can offer you a turnkey, efficient and transparent service, so that you can start your business with complete peace of mind. 

Please note that this service is exclusively reserved for individuals. For all requests to set up a company on behalf of legal entities, please contact us at e-mail. We will be happy to answer your request as soon as possible.

2,300.00 INCL. VAT*

Premier PT Business Pack

Turnkey remote service

*Prices for setting up a one-person company. Our fees include VAT, as well as commercial register and notary fees. 

** National bank account reserved for companies with a minimum of 2 shareholders. For companies with one partner, open an online account. 

1,700.00 INCL. VAT*

Starter Pack

Turnkey remote service

*Prices for setting up a one-person company. Our fees include VAT, as well as commercial register and notary fees. 

**It is possible to register your own trade name. The cost of this optional procedure is €300.00, including registration fees. 

*** National bank account reserved for companies with a minimum of 2 shareholders. For companies with one partner, online account opening. 

Why choose Portugal vs. the UK?

Comparative tax, administrative and commercial advantages for setting up your company

Portugal

England

Income tax

If sales under €50,000.00: 17% / If sales over €50,001.00: 21%

Social burden

For the employee: 11% / For the company: 34%. For employees above the minimum wage (€820.00 gross), the employer must pay the employee's income tax.

Legal VAT rate: 23%

Quarterly VAT return, principle of input and output VAT

Dividends

Taxes on dividends: 28 %

Other

Bureaucracy and administration similar to France or Belgium or Spain. - Minimum capital requirement 500.00 euros - 15 days to declare the start of business after the KBIS extract has been issued by the commercial register (accountant's work). - Company based in Europe and governed by European laws and decrees (which can be an advantage) - Time required to set up a company under Portuguese law: approx. 3 weeks - Crypto-friendly country

Income tax

20% whatever the bénéfice, can be further reduced to around 5% by profitant of the Agency Agreement Law, which allows between 80 and 90% to be remitted to an Offshore parent company.

Social burden

In the UK, below £702 per month, neither the employee nor the employer is liable for contributions. Above £702, employer contributions amount to 13,80%. With regard to employee contributions, the current rate is 12% for salaries between £702 and £3,863 per month. For wages over £3,863, the 12% is replaced by 2%.

Legal VAT rate: 20%

Monthly / quarterly / half-yearly or annual VAT return Principle of input and output VAT

Dividends

Taxes on dividends: 0 %

Other

- No capital requirement - Solutions for fiscale optimization (in combination with offshore companies or non-dom statuses, for example) while benefiting from the image of Great Britain, which is not categorized as a fiscal paradise - Ultra-simplified accounting - The flexibility and deductibility rules for business expenses - Time required to open an English company: approx. 48 hours - Possibility of providing a pre-incorporated company (on quotation and according to arrangement)

Expansion opportunities in the UK

Are you thinking of diversifying or expanding your business internationally? After exploring the advantages of setting up a company under Portuguese law, find out why England could also be a strategic choice for your business. We offer a comprehensive service to help you set up your company in the UK, a dynamic and attractive market.

F.A.Q

Frequently asked questions and answers

The main difference between our two packages lies in the scope of services offered. Our "Peace of mind pack"This includes the complete creation of the company with a specific trade name, the NIF (Tax Identification Number) application, and one year's domiciliation. On the other hand, Starter Pack, concerns exclusively the registration of the company with a prescribed trade name, requiring the customer to supply a tax number and address. The choice therefore depends on the level of service required: the "Premier PT Business Pack offers a complete, supported solution for launch, while the Starter Pack is suitable for those who already have a clear structure in place and are simply looking to formalize it.

Our offer also includes the opening of a bank account* for your establishment and a personal bank account with one of our branches. partner banks

You have two options: open your account with our Portuguese partner bank or with Revolut Business and benefit from exclusive advantagesour partner.

*Following the change in banking regulations at the beginning of 2024, the opening of a physical account is reserved for companies with 2 or more shareholders (LDA), while the opening of an online bank account is authorized for single-member and/or LDA structures.

Don't worry, we also offer a tax domiciliation service in the beautiful city of Lyon. Porto city. This service also includes digital mail forwarding for more efficient management of your business.

In fact, our offer also includes obtaining an intercommunity VAT number.

You can set up a company with a share capital of 1 euro, but we recommend a minimum share capital of 500 euros.

It is important to note that the share capital must be paid into the establishment's bank account before the end of the financial year.

We offer two options for setting up your structure: either a one-person structure with a single partner, or a limited liability company (LDA) with several partners.

Please note that this service is reserved for people over the age of 18 and whose tax residence is within the European Union. For residents outside the European Union, please consult this page.

It is important to note that the country does not communicate information to other countries concerning the setting up of an establishment by one of its residents on its territory. Your privacy and personal data are therefore protected.

Despite a banking ban or the inability to manage an establishment in France, it is possible to set up a company in Portugal and operate in France, Belgium or other countries. The country offers attractive tax advantages and a favorable environment for setting up your company. What's more, the tax authorities in your country of residence will not be notified of the setting up of your commercial establishment. 

THE ANSWER IS YES 

Legally and technically, you can set up your company here, while living in France, Belgium or any other country. What's more, your company's profits in Portugal will not be taxed in your country of residence. We therefore strongly recommend that you seize this advantageous tax opportunity for your entrepreneurial project.

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Your contact from France

We understand the importance of proximity, even in international business. Our intermediary based in France is your direct link to our business start-up service in Portugal. 

Get in touch for personalized advice and detailed information, and ensure a smooth transition to your new Portuguese company, even from France.