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Two of these types stand out: Private limited liability companies (Sociedade por Quotas – Lda.): the minimum amount of money for the incorporation of this type of company is EUR 1.00 (one euro); You can also get your company up and running in Portugal through Portal da Empresa. You need to have a citizen card and card reader to authenticate the process. The cost of registration is €360. 4 – Pay the taxes due. After you set-up your company you will receive a “Cartão de Empressa” (company card). More and more Portuguese want to start a company and create their own job.

Starting a company in portugal

Company Formation in Portugal Portugal is an attractive destination to set-up your company to cater to the large EU Market. YourGlobalPro can assist in Portugal for Company Formation, Secretarial Compliance, Tax Registration, VAT Reclaim, Document Retrieval, Trademark Registration and … “Starting a company [in Portugal] is easy”, recalls Elliot Schmaltz, the third element which makes up the Lisboète team, and who arrived in Portugal six years ago. “In two and a half days, provided you have people who know what they are doing, you can get things done”, he explains. There are four types of company that may be set up in Portugal. The first two of these are the most common. Private limited liability companies (Sociedade por Quotas, LDA): require at least two partners, although there are Sociedade Unipessoal por Quotas, which have a single partner (either an individual or a collective entity). 2015-08-03 More and more Portuguese want to start a company and create their own job.

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Starting a business in Portugal - Operating a Business

Clients usually request legal assistant to start up new businesses or to invest in different Opening hours and bank holidays. General Information: Global Affairs Canada, Cultural Information - Portugal Commisceo Global, Business culture seen by Legal Forms of Companies. The Sociedade por quotas de responsabilidade limitada (Lda) : Limited Liability Company: Number of partners: Two partners Legal Forms of Companies. Share Companies: Number of partners: at least 5.

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YourGlobalPro can assist in Portugal for Company Formation, Secretarial Compliance, Tax Registration, VAT Reclaim, Document Retrieval, Trademark Registration and Citizenship Services. “Starting a company [in Portugal] is easy”, recalls Elliot Schmaltz, the third element which makes up the Lisboète team, and who arrived in Portugal six years ago. “In two and a half days, provided you have people who know what they are doing, you can get things done”, he explains. Company formation in Portugal requires completing some actions before the company is ready to begin its activity.

You need to have a citizen card and card reader to authenticate the process.
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Created in 2013, the company invests in the seed rounds of startups in Portugal, specifically in the areas of tech, tourism and life sciences. Do you want to know more about Portuguese startups? Several advantages exist to run a commercial activity through a limited liability company instead of running same under individual name.
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Startup Legal 101: Key Legal Concepts for Starting a Company

For information about our privacy practices, please visit our website. The key to starting or buying a successful business in Portugal is exhaustive research, research and yet more research (plus innovation, value for money and service). It’s an absolute must to check out the level of competition in a given area.

As an entity with legal personality, the company has powers to act in the most varied areas permitted by law and by the 2013-10-06 Portugal has successfully modernised and diversified its economy over the last three decades or so.