Those who come to Portugal from abroad, whether Portuguese who have emigrated and are returning to the country or foreigners who have never filed any income tax return in Portugal, will be able to benefit from the IRS Jovem for the entire ten years, even if they have...
Portugal is the sixth largest destination for foreign direct investment (FDI) in Europe. This is the conclusion of a study published by consultants Ernst & Young (EY), which reveals that the reconfiguration of global supply chains is attracting more...
The recent tripartite agreement establishes significant tax incentives to increase companies' equity capital in Portugal. Under this new measure, capital increases can be deducted from taxable income, using a rate based on the 12 month Euribor, plus a 2% spread. This...
The measure takes effct on October 15 and runs until December 31, 2025. China has announced that it will extend its visa exemption policy to Portuguese citizens for stays of up to 15 days, thus including Portugal on a visa exemption list. The extension was...
Foreign investment in Portugal renews highs in the second quarter and already represents 69% of Portugal's GDP. Stock of Foreign Direct Investment in Portugal rose to 183.9 billion euros in the 2nd quarter. Portugal's Direct Investment Abroad also increased to €67.6...
The aim is to promote investment, ensuring that it can be recovered, allowing "the private entities to be able to invest and recover their investment made in the terminals over the years". Each port administration will present a specific investment plan according to...
Startup Portugal is a non-profit public benefit organization that aims to promote Portuguese entrepreneurship. In 2024, Startup Portugal provided support to 120 national startups, including 50 through the Business Abroad program, which raised 100 million € in...
Portugal emerged as the leader in business creation in the European Union during the second quarter of 2024, according to data released by Eurostat. According to Eurostat, looking at European Union countries,Portugal led the registration of new businesses, with an...
The Portuguese Government has new proposed law exempts to start-up multinational groups from a supplementary 15% minimum tax for their first five years of international operations. This aims to support groups beginning their global expansion without financial strain....
As an accounting and payroll English speaking firm in Portugal, OportoAccounting observes that the number of exporting companies is currently 40,000, has risen successively over in recent years in Portugal, a growing trend that was only interrupted in the pandemic...
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