We manage all aspects of registering your subsidiary company in Portugal, establishing your tech hub, and ensuring compliant employment.
Portugal is ideal for company expansion due to its advanced transport and telecommunications. It boasts excellent infrastructure and incentives for foreign investors. Subsidiaries must follow the establishment regulations in the Guidelines for Multinational Enterprises, Corporate Social Responsibility. Our formation packages handle incorporation, including subsidiary and VAT registration. The Portuguese Parliament manages company taxation and accounting. Subsidiaries must register with the Tax Office for VAT and submit monthly or quarterly VAT and annual tax returns. Accounts can be filed online through the Simplified Business Information (IES) system via the Tax Gateway.
Portugal is an EU member, so a subsidiary there gives you access to the entire EU market, which has over 450 million consumers.
Portugal has a stable government and is considered one of the safest countries in the world.
The corporate tax rate is relatively competitive (21% standard rate, with possible reductions for SMES).
Foreign investors can apply for various grants, subsidies, and loans, especially in innovation, tourism, and renewable energy.
English proficiency is high, especially in business sectors. A strong pool of skilled labor also exists in tech, engineering, finance, and customer service.
We understand the requirements for European formation, and your process will be completed efficiently with our support.
Portugal’s standard corporate tax rate is 21%, but SMEs may qualify for reduced rates on the first portion of taxable income. Additional local surcharges may apply, depending on the municipality.
What are the tax filing and accounting obligations of a Portuguese subsidiary?
Subsidiaries in Portugal must:
With all documents prepared and local support, the process can typically be completed in 2–4 weeks, including tax registration and obtaining a company number.
Yes. A Portuguese corporate bank account is required and can be opened with the help of a local representative. Required documents include your Certificate of Incorporation, identification of directors, and proof of the company’s address.