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PORTUGAL

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PORTUGAL

Here is why it is beneficial to register a company in
Portugal:

  • Portugal is a respected European jurisdiction;

  • Offers some of the lowest prices for company formation and support in the EU;

  • Adequate and understandable tax system;

  • Foreign investors are welcome;

  • Developed business and fintech communities;

  • High speed of company registration (up to 10 working days);

  • A spotless reputation with banks;

  • Affordable prices for renting an office and creating real substance, including in front of banks and for opening merchant accounts.

Taxation:

Income tax rate is 23%.

Requirments:

The minimum number of directors is 1. There are
no requirements for director residency.
The minimum number of shareholders is 1. There
are no requirements for the residency .
There is a reporting requirements.

Prices:

Company registration - 2150 EUR (inc.
governmental fee, preparation of registration
documents, obtaining company tax number)
NIF (Portugal tax number) for
director\shareholder - 290 EUR
Legal address service for a year -1490 EUR
Notary and administration expenses before
company formation - 510 EUR
VAT number obtaining - 450 EUR
Assistance in bank account opening - 1000 EUR
(remotely)
The company is registered remotely.

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