Recent data from the Informa D&B Barometer reveals encouraging signs for the Portuguese economy. Between January and September 2025, 40,465 new companies were created, marking a 2.4% increase compared to the same period last year. At the same time, company closures and insolvencies have decreased, suggesting a healthier and more confident business environment. According to the study, 7,910 companies closed and 1,502 entered insolvency proceedings by September, representing a 5.2% drop compared to 2024.
Strong growth across key sectors
Some industries are leading the way in business creation. Real estate grew by 22%, construction by 13%, business services by 4.8%, and agriculture by 20%. Meanwhile, sectors such as transport (-30%) and retail (-8.5%) recorded fewer company incorporations. Insolvencies have fallen particularly in manufacturing (-26%) and textiles/fashion (-37%), indicating stabilisation in traditional industries.
What this means for investors and entrepreneurs
These figures reflect a positive shift in Portugal’s business climate, especially for those looking to establish or expand their operations here. Three key takeaways stand out: greater business confidence, as more companies are being launched and fewer are closing; sectoral opportunities, with real estate, construction and business services continuing to attract strong investment; and reduced structural risk, with the drop in insolvencies pointing to a more stable environment for new ventures.
A favourable moment to enter the Portuguese market
For foreign investors, this is a promising time to explore opportunities in Portugal. However, establishing a company in a new country still requires careful planning, from tax registration and payroll to ongoing compliance.
At Oporto Accounting, we provide tailored support for each stage of your business journey, helping international entrepreneurs and companies start and grow in Portugal with confidence.
Get in touch to learn how we can support your business setup and tax compliance needs.
