2025 Tax Benefit for Bonuses and Salary Increase Incentives
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)...
From “junk” to “A”: Portugal’s credit transformation and what it means for investors
From “junk” to “A”: Portugal’s credit transformation and what it means for investors Portugal has reached a turning point in its financial credibility. Once considered a “junk” borrower during the sovereign debt crisis, the country is now rated “A” by all the...
How Portugal’s Tax Incentive Doubled Business Investment
Portugal’s Tax Incentive Has Doubled Business Investment: A Proven Driver of Growth Portugal’s investment tax incentive has proven to be an effective tool in supporting private sector investment and promoting economic development. According to a recent report by the...
Portugal Is tThe 7th Most Attractive Destination in Europe for FDI
Portugal is now the 7th most attractive destination in Europe for foreign direct investment (FDI), according to the EY Attractiveness Survey 2024. A milestone that marks the country’s best-ever position in the rankings. This isn't just a statistical achievement. It's...
Portugal as a Global Platform for Investment and Business
Portugal as a Global Platform for Investment and Business Portugal has unique attributes that allow it to follow a different and, in many ways, more effective path. By combining consistency with responsiveness, the country positions itself more solidly in a...
Local Expertise, Global Impact: Oporto Accounting’s Due Diligence Guides U.S. Investment into Portuguese Industry
Local Expertise, Global Impact: Oporto Accounting's Due Diligence Guides U.S. Investment into Portuguese Industry In a significant cross-border transaction underscoring Portugal's appeal for international investment, Oporto Accounting, a leading Portuguese...
Portugal NIPC: What the Corporate Identification Number is and why it matters
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...
How can a Foreign Citizen Work in Portugal?
How can a foreign citizen work in Portugal? To carry out a professional activity in Portugal, it is necessary to obtain a Social Security Identification Number (NISS), whether the activity is self-employed (Independent Worker) or employed by a company (Dependent...
Foreign Direct Investment Reaches Record Levels in Porto
Foreign direct investment reaches record levels in Porto Between 2020 and 2024, the city of Porto attracted 2.4 billion euros in Foreign Direct Investment (FDI). Technology and innovation, logistics and infrastructure, and tourism were among the sectors with the...
Guide for a Smooth IRS Campaign
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...
