The tax minimization in Portugal
is an effective tool adopted by numerous companies with establishments in the country which want to reduce the tax contributions
in a legal manner. In this field, the tax minimization
is considered a proper and a legal way to maximize the incomes of a company. Our company formation specialists in Portugal
can offer support for all interested persons in tax minimization in Portugal
and necessary guidance once such financial tool has been adopted.
Tax minimization methods in Portugal
Any company in Portugal
needs a suitable tax plan
to help them avoid the overpayment of the fees. In this matter, the VAT, the withholding tax, the income and corporate taxes, some of the main fees a company deals with, should be attentively analyzed. Another tax minimization method
you can adopt is related to the income tax on salaries of personnel which can be reduced if several social contributions are paid by each employee under a strict convention signed in this matter. The same tax minimization tool
can also apply to gifts, bonuses, office supplies or several subscriptions of a company in Portugal
. Tax deductions can be obtained once you set up a foundation in Portugal
, an important tool considered by many entrepreneurs from abroad. Furthermore, the repatriation of profits can be subject to fiscal optimization, as part of the tax minimization method
. It is good to know that each saved money due to a tax minimization procedure
can be invested in diverse areas, whether in the company’s different sectors or abroad.
We remind that the company registration procedure in Portugal
is an easy process which can be done within a few days. Complete guidance and information in this matter can be offered by our company formation agents in Portugal
. The same team can help you set up a company in Portugal
, in respect with the legislation in this country.
Taxes in Portugal – what you need to know
Even though the taxation system in Portugal
is complex, it comes with special rights for both citizens or foreigners established in the country. It is good to know that non-residents in Portugal
are subject to a 28% tax rate for capital gains and 25% as an income tax. The corporate tax is set at 21% in Portugal and in Azores Island, which is a free trade zone. As for the companies set here, these are subject to a 17.5% corporate tax rate. The tax imposed on interests, capital gains and dividends is set at 28%, but with several exemptions in the real estate sector.
If you are interested in tax minimization for your company
, please feel free to contact
our team of company formation agents in Portugal
. We can also help you set up a company in Portugal