Reservation of a company name
Obtaining approval from the registrar by company name
Set of constituent documents
Preparation of a full package of constituent documents of the company of any form of ownership in accordance with the laws of the jurisdiction
Preparation of a full package of documents depending on the chosen form of ownership, communication with authorities on all matters during the registration
Legal address for 1 year
We provide a legal address for your company in this jurisdiction, eliminating the need to purchase or rent a property
Preparation of documents in english and portugese languages
Translation of necessary documents in English and Portuguese
Opening of a bank account
Preparation of necessary package of documents and opening a bank account
In order to keep private information of the real owner of the company confidential it is useful to order a nominee director service. Nominee director has limited powers, so the owner of the company will have a full control over an incorporated enterprise
VAT number for an incorporated company
Assistance in obtaining a tax number
|Accounting services||2550 EUR||2550 EUR||2550 EUR||2950 EUR|
|Total cost||4490 EUR||6490 EUR||8490 EUR||8890 EUR|
|Cost of annual service (paid from the second year)||2850 EUR||4850 EUR||4850 EUR||4850 EUR|
| Choose your service |
and request an offer
Not only tourists, but also entrepreneurs have started to show greater interest in Portugal over the past ten years. Being a EU member this country offers great opportunities for commerce and business development. All procedures along with bureaucratic process are minimized through the introduction of paperless registration system ‘Simplex’ and thanks to one window process of registration. If an entrepreneur processes articles of incorporation and by-laws in a required format, the whole process can be completed within one day. Special agencies are established for this throughout the country.
A simple and time-efficient way is available if all shareholders are present, but it is also allowed to operate through an official representative having the power of attorney. "Prifinance" company is ready to carry out the entire procedure and rid a client from bureaucratic routines making this process quick, legally appropriate and unhindered.
The country possesses areas with low tax regime. It can be said that Portugal is an offshore thanks to Azores and Madeira with special regulations that apply there. Apart from that, being as a business- jurisdiction the country is advantageous because it:
It is advisable to decide in favor of a limited liability company, as this type of business provides broad possibilities together with minimal personal obligations in case of bankruptcy. Besides, by means of a newly formed company a non-resident has an opportunity to acquire land in Portugal. Consequently, businessmen often invest into immovable property in a potential EU member country.
Setting up a company by non-residents is a common practice in Portugal, but only residents are allowed to start business in areas close to the country's border, on the territory of a national park and in the field of manufacture and sales of weapons.
Unless standardized forms and model projects are used the process of registration may take a long time. Setting up a business starts with the process of selecting a name of a company. It is necessary to approve a selected name in RNPC in case it is chosen not from the approved list. It is necessary to transfer all of the capital to the account no later than 5 days from the moment of registration. This is relevant to all business entities.
The most common types of companies (sosiedade) in Portugal are:
There is also a private entrepreneur type of a company, but it is needed to be an owner of a resident permit or a contract provided by a specialist.
All companies are obliged to submit a notice of commencement, to get a tax identification number, to appoint a director and to specify authorities. Registration of a company in Portugal shall be accompanied by the following documents:
In accordance with the norms, if a company needs a fiscal representative, it is necessary to present an identification document. The whole set of documents should be apostilled and translated into Portuguese or composed in this language. After the registration it is necessary to open a bank account.