New to Portugal
Setting up a business in Portugal
Moving to Portugal or starting a business here? The first steps are simple, but some choices are worth getting right from the start.
Tax number (NIF)
It is the first step for almost everything: opening a bank account, signing contracts, registering your business. If you don’t live in Portugal, you may need to appoint a tax representative.
Sole trader or company?
You can work in your own name or set up a company, such as a single-member private limited company. The choice changes how you are taxed (personal or corporate income tax), your liability for the business’s debts and the accounting you must keep.
Registering your business activity
Your activity must be registered with the Tax Authority, under the right VAT and income tax regime. There are also Social Security obligations from day one.
Day-to-day obligations
Invoicing, VAT returns, income tax returns, payroll and Social Security: there are many deadlines, and missing them is costly.
We work in English and Portuguese
We support you from day one. Start with an exploratory meeting.