Number of Startups in Portugal Grows 16% in 2024

Number of Startups in Portugal Grows 16% in 2024

The more than 4,000 startups have revenues of 2,602 million €, according to data from the study developed in partnership with Startup Portugal. In 2024, Portugal had 4,719 startups, 16% more than in 2023, with a combined turnover of €2,602 million, according to data...

Portugal’s Economy Outperforms Europe

Portugal’s Economy Outperforms Europe

The International Monetary Fund (IMF) highlights Portugal as an example of economic performance above the European average. Portugal's economic performance has surpassed the European average since 2019, with average annual growth rate twice that of the euro zone....

Portugal’s Strategic Position as a Business Hub

Portugal’s Strategic Position as a Business Hub

  A "One Stop Shop" for International Companies.   In an increasingly competitive global landscape, Portugal its a prime destination for international companies and startups through its "one stop shop" model, which provides integrated services to streamline...

Portugal Emerges as Europe’s FDI Powerhouse

Portugal Emerges as Europe’s FDI Powerhouse

In recent years, Portugal has emerged as one of Europe’s most attractive destinations for Foreign Direct Investment (FDI), capturing the attention of international investors and multinational corporations. Over the past five years, the country has experienced an...

Foreign Investment in Portugal at Record Highs

Foreign Investment in Portugal at Record Highs

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...

Startup Multinationals Get 5-Year Tax Exemption

Startup Multinationals Get 5-Year Tax Exemption

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....

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