Benefits of opening a company in Portugal

If a non-resident decides to organize a legal entity, he will receive a number of advantages and financial benefits:

• lack of requirements for the introduction of the local founder;
• the ability to use a virtual office;
• expedited getting a residence permit for the applicant and his family members;
• the right not to create workplaces for Portuguese citizens;
• flexible tax system (in the first year of legal entities exempted from payments);
• fast and well-coordinated work of the bureaucratic machine;
• availability of special investment programs;
• affordable property;
• stable economic situation;
• functioning of free economic zones;
• free movement in the Schengen area;
• facilitated access to the markets of the European Union;
• investment protection.

It is most profitable to open a company in the following market segments:

• tourism;
• furniture manufacturing;
• agriculture (growing olives, grapes, citrus fruits);
• fisheries.

Citizens of the Russian Federation doing business in the republic are exempted from double taxation, which is an additional plus to those already listed.
Fine points of the procedure
Theoretically, every visitor can open a company in Portugal. But in practice, it is difficult to fulfill the required points on time:

• choice of type of activity;
• search for a permanent legal address (it should be valid);
• determination of the form of enterprise management;
• opening an account with a financial institution;
• introduction of the authorized capital in 100% amount;
• obtaining a license;
• preparation of a registration package;
• certification of papers by a notary and not only.

Also, the applicant must go through several stages of registration with various state organizations:

• National Register;
• Legal registry;
• tax services;
• social insurance authorities and others.

Before registering a company, a businessman will have to choose one of the appropriate methods:
EmpresanaHora - specialized offices carry out the procedure quickly, but require fully prepared documentation;
EmpresaOnline - the procedure is available with an electronic signature.
It is almost impossible to understand all the finepoints of the process without professionals, therefore it is recommended to contact them at the preparation stage.

Our team will help you establish a company in Portugal in a turnkey basis, taking care of all the worries and troubles, including a representative office in the country. We are also ready to help at certain stages of registration:

• organization of transfer;
• staff recruitment;
• contacts with regulatory authorities and not only.

You can buy a ready-made company from us by choosing the appropriate option from the regularly updated registry.
With us any tasks are executable!