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...
Portuguese IRS Opens to Newcomers from Abroad
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 Ranks 6th in Europe for Foreign Direct Investment
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...
Portugal Approves Tax Incentives to Boost Shareholders’ Equity
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...
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...
Portugal Extends Port Concessions
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 Has Supported 120 Companies This Year
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 Leads Business Creation in the European Union
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...
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....
Portugal’s Exporting Companies Surpass 40,000 Mark
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...
