Portugal: Tax Authorities

Portugal has emerged as an ideal destination for entrepreneurs and businesses seeking a stable, business-friendly environment within the European Union.

Portugal is a popular destination for foreign investors, thanks to its buoyant economy, favourable tax climate, and strategic location in Europe.

A record-breaking 142,000 millionaires are projected to relocate internationally this year, with the UK expected to see the largest net outflow of high-net-worth individuals by any country since global wealth intelligence firm New World Wealth began tracking millionaire migration 10 years ago.

On 15 January 2025, the OECD / Inclusive Framework (IF) released additional Administrative Guidance (Jan 2025 AG) and related documents on the Pillar Two global minimum taxation rules (GloBE Rules).

O financiamento de atividades ilícitas, através do desvio de dinheiro e da reintrodução de lucros ilícitos na economia, muitas vezes transportados através das fronteiras externas da União Europeia, suscita cada vez maiores distorções e desvantagens concorrenciais injustas para as empresas e para os cidadãos cumpridores, representando uma ameaça para o funcionamento dos mercados.

O Governo, no passado dia 23 de dezembro de 2024, limitou o incentivo fiscal à investigação científica e inovação, o qual permite aplicar uma taxa de IRS de apenas 20% sobre rendimentos de trabalho dependente ou independente, a um conjunto de oito profissões.

Order 7048/2022 was published on 2 June with the new lists of companies and other entities, with the exception of individuals, whose tax situation will be monitored by the Large Taxpayers Unit...

That means spending at least six months of the year in Portugal.

The first peculiarity of the scheme is that in order to be considered as a Non-Habitual Resident (NHR) you must be habitually resident! That means spending at least...