10 reasons to incorporate in Portugal

In the past few years Portugal has attracted considerable interest from foreign investors who have chosen to incorporate a company there for a number of reasons. The preferred vehicle of investment is the private limited company or Lda. that presents the following advantages:

• Minimum share capital as low as € 1 per shareholder;
• Only one shareholder is required;
• No restrictions for foreign shareholders and directors;
• No residence requirements for foreign shareholders and directors;
• Fast and easy incorporation procedure;
• Low two tier corporate tax rate: 17% for the first € 15,000 of income and 21% thereon;
• International Business Centre of Madeira with a corporate tax rate of just 5%;
• No withholding tax on inbound or outbound dividends pursuant to certain criteria;
• Ease of business with other Portuguese-speaking jurisdictions: Brazil, Angola, Mozambique, Macau...
• Attractive Golden Visa program for non-EU citizens (see here).

10 GREAT REASONS TO INVEST IN PORTUGAL

Money never stops, even at the start of silly season. So if you're thinking about the destination of your next investment why not take a few minutes to consider Portugal? Here are 10 great reasons to do so.

Company incorporation

1.- Fast incorporation – just one day is needed;

2.- Share capital as low as one euro per shareholder;

3.- Minimum number of shareholders and directors is one.

Tax reasons

1.- Rate of 23% in Corporate Income Tax and going down;

2.- Smes benefit from a reduced rate of 17% on the first € 15,000 of tax base;

3.- The non-habitual residency scheme exempts qualified individuals from taxation in Portugal of active or passive foreign sourced income; Portuguese income is taxed at a flat rate of just 20%.

Hot property market

1.- Low prices on attractive property make for great deals;

2.- Investor/ golden visa opportunity for foreign investors who buy property for just € 500,000.

Investment hub

1.- Easier access to other Portuguese-speaking markets such as Brazil, Angola or Mozambique;

2.- Easier access to China via Portugal's former colony Macao.