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...
Portugal rises in the preferences of qualified professionals
Portugal has become an increasingly attractive destination for qualified workers, especially among young people. Portugal's popularity among...
Portugal’s economic performance has surpassed the European average
The International Monetary Fund (IMF) highlights Portugal as an example of economic performance above the European average. Portugal's economic...
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 forinternational...
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...
Young Portuguese IRS opens up to those coming 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...
Portugal is the sixth main European destination 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...
Portugal approves law for Companies to Have Tax Incentives to Strengthen Shareholders’ Equity
The recent tripartite agreement establishes significant tax incentives to increase companies' equity capital in Portugal. Under this new measure,...
China grants visa exemption to Portuguese citizens for stays of up to 15 days
The measure takes effct on October 15 and runs until December 31, 2025. China has announced that it will extend its visa exemption policy to...
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...
Portuguese Goverment / Portugal extends port concessions from 30 to 75 years
The aim is to promote investment, ensuring that it can be recovered, allowing "the private entities to be able to invest and recover their...
Startup Portugal has supported 120 companies this year and 50 have managed to raise 100 million€
Startup Portugal is a non-profit public benefit organization that aims to promote Portuguese entrepreneurship. In 2024, Startup Portugal provided...
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....
Start-up multinationals escape from 15% minimum tax rate for five years
The Portuguese Government has new proposed law exempts to start-up multinational groups from a supplementary 15% minimum tax for their first five...
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...
Portugal ranks 7th most peaceful country in the world
As an English-speaking accounting and payroll firm based in Porto, Portugal, Oporto Accounting notes that Portugal is the seventh most peaceful...
Portuguese government defines professions that are entitled to tax break for non-residents
The incentive for non-residents approved by the Portuguese government will be extended to more activities and companies. At the moment, around 20...
Portugal considered the #7th best destination for Digital Nomad
The term "digital nomad" describes "individuals use digital technologies to work remotely while traveling or living in mutiple locations." Ranking...
Accounting and Payroll services in Portugal: English-Speaking Accountants for Your Business Needs
In recent years, Portugal has emerged as an attractive destination for entrepreneurs looking to establish their businesses in Europe. With its...
Portuguese passport will be valid for ten years
Starting in early 2026, the Portuguese Electronic Passport (PEP) will have a validity period of ten years at the beginning of 2026, instead of the...