We conclude our brief series on the setting up of companies in Portugal with a few ideas on the necessary formalities investors have to go through. Fortunately, the days of endless red tape are well behind us and lawyers can now incorporate companies on-line, swiftly and with less expense.
When the company has been duly registered with the Companies House, it will then have to be registered with some other institutions as well, namely the Revenue Service, Social Security and Labour Inspection. It is worth noting that the opening of a bank account is a must, as the company will only be registered with the Revenue Service if it has one.
When these main formalities are behind us, the fun begins and we can start working with our brand new Portuguese company. As always, we're happy to hear your comments and requests.