The Portuguese Tax Authority has acknowledged that certain employee share plans may qualify for favourable IRS tax treatment, although it has also made clear that access to the benefit depends on strict documentary evidence and compliance with the legal conditions...

Understanding tax deadlines in Portugal is essential for both self-employed individuals and companies operating in the country. Missing reporting or payment deadlines may result in penalties, interest charges and unnecessary administrative complications. For...

Digitalisation and automation are reshaping the accounting landscape, offering international businesses unprecedented opportunities to streamline operations, reduce costs, and improve accuracy. For companies operating in Portugal, these technologies are not just a...

Companies operating in Portugal must comply with a set of accounting and reporting obligations that go beyond basic bookkeeping. In addition to tax compliance, businesses are required to maintain organised accounting records and prepare periodic financial reports that...

The CEO of Oporto Accounting, Bruno Varajão, was recently featured in the latest edition of Business Portugal, the business magazine of the national newspaper Diário de Notícias. In the interview, he shares Oporto Accounting’s perspective on the growing importance of...

Tax Benefit for Performance and Profit-sharing Bonuses, and the Incentive for Salary Increases in 2025   General frameworkWith the aim of encouraging companies to reward performance and promote wage increases, the National Budget for 2025 (Law no. 45-A/2024)...

Setting up or expanding a business in Portugal involves several essential steps, and one of the most important is obtaining the Corporate Identification Number (Número de Identificação de Pessoa Coletiva – NIPC). Any company operating legally in the country must have...

The State Budget and some changes introduced during the year have brought changes that need to be taken into account when filling in your tax return. The deadline is tomorrow. Here are the most important rules. Deadlines: Three months to file your tax return. The...

The Decree-Law was recently published in the Diário da República and will come into force in July 2025, allowing companies that were not previously covered to join the scheme via the Finance Portal.   From July 1, 2025, the new cash VAT regime will be extended to...

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...