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...
New Cash VAT Scheme for SMEs with Turnover Up to €2 Million
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...
VW Says New Entry-Level Electric Car to be Built in Portugal
VW says new entry-level electric car to be built in Portugal Volkswagen will build its 20,000-euro ($21,636.00) electric car launching in Europe in 2027 at its plant in Palmela, Portugal, its brand chief said on Monday. Volkswagen has revealed that it will...
Financial Times Names Porto Best European City for Investment
Financial Times elects Porto as the best European city of the future in attracting investment The Financial Times has once again awarded the city of Porto the title of best European city of the future in the category Foreign Direct Investment (FDI) Strategy for...
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...
