We cover the full range of your needs, from registration
companies to obtaining licenses and opening bank accounts.
Registration and support
of foreign companies
in Portugal
Request a Commercial Offer
Low corporate tax rate – 21%
Non-Habitual Resident program – 0% on foreign income
Flexible conditions for IT and startups
High standard of living and developed infrastructure
Who are we?
LFT Advisors provides international business planning and structuring services. Our team of lawyers, accountants, auditors, and tax consultants helps entrepreneurs effectively manage international projects, ensuring a high level of service and expert support at every stage.
What do we offer?
We provide all the services necessary for business in one place. We work on a one-stop-shop principle, which means you don’t need to engage multiple contractors or incur additional costs. We cover the full range of your needs, from company registration to obtaining licenses and opening bank accounts.
Why choose us?
Every step we take is made with respect and care for your money, reputation, and ambitions. We don’t offer generic solutions – we create personalized tools tailored to your business’s specific tasks and needs.
Collaboration Process
- Initial Consultation:
At this stage, we discuss your business goals and needs to identify the necessary services. - Strategy Development:
We analyze your current situation and develop an individualized action plan aimed at achieving your goals. - Implementation:
We handle all aspects of the process – from company registration to opening bank accounts, licensing, and taxation. - Support and Follow-up:
After a successful launch, we continue to work with you, providing ongoing support, updates, and consultations as needed. - Evaluation of Results:
We regularly assess the results achieved and adjust the strategy as necessary for maximum efficiency in achieving your business objectives.
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Why is it profitable for businesses to work here?
Portugal is beneficial for business due to its low corporate tax rate of 21%, as well as special programs such as Non-Habitual Resident (NHR), which offers 0% tax on foreign income. The country is a member of the EU, which gives access to the single European market and simplifies international trade.
Portugal actively supports startups and IT companies, providing flexible conditions for their development, and attracts entrepreneurs with a high standard of living and a stable economy.
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Registration process
Opening a business in Portugal is a promising step for foreigners who wish to enter the European market and benefit from its liberal tax laws, developed infrastructure, and high quality of life. In this article, we provide a detailed step-by-step guide to help you setting up a business, avoiding unnecessary costs and mistakes.
Business opportunities in Portugal include favorable taxation, convenient conditions for company registration and business operation, and access to various European markets.
- Choose the Business Structure
The first step is to decide on the legal form of your business. The most popular options are:
– Sociedade por Quotas (LDA) — Similar to a Ukrainian LLC, suitable for small and medium-sized businesses.
– Sociedade Anónima (SA) — Suitable for large businesses with more shareholders.
– Estabelecimento Individual de Responsabilidade Limitada (EIRL) — A limited liability company established by one person.
Each form has its characteristics and requirements, so it’s important to choose the one that best matches your business plans. - Obtain a Tax Number (NIF)
To conduct any legal operations in Portugal, you must obtain a tax number (Número de Identificação Fiscal, NIF). This number is required for opening a bank account, signing contracts, and other legal activities. You can obtain an NIF at financial institutions or through a local representative if you are outside the country. - Register with the Chamber of Commerce
Company registration is done through the “Empresa na Hora” system, allowing you to register a business in just one day.
You will need:
– A completed registration form.
– Founding documents.
– Company bylaws.
– Payment of a registration fee (around €360).
Upon successful registration, the company receives a registration certificate, a statutory number, and can begin its activities. - Open a Bank Account
The next step is to open a corporate bank account with a Portuguese bank.
You will need:
– A copy of your passport.
– NIF.
– The company’s founding documents.
– Proof of residence.
Choose a bank based on its fees and additional services that may be beneficial for your business. - Arrange Social and Tax Obligations
After setting up a business, you need to register as an employer with the social security institutions and tax authorities. If you plan to hire employees, don’t forget to register them with the relevant authorities.
Portugal has a competitive corporate tax system, with a corporate tax rate of 21%. For small and medium-sized businesses, a reduced tax rate may be available. - Hiring Employees
Hiring employees in Portugal involves several important steps:
– Signing an employment contract according to local laws.
– Registering employees in the social security system.
– Complying with all labor law regulations, including minimum wage and working conditions.
Costs and Registration Timeline
Company registration in Portugal usually takes from a few days to several weeks, depending on the chosen procedure.
Main costs include:
- Registration fee – around €360.
- Notary and translator services (if needed).
- Expenses for opening a bank account and obtaining an NIF.
Potential Risks and Ways to Avoid Them
When starting a business in Portugal, you may encounter the following risks:
- Bureaucratic delays — Often avoided by involving local professionals.
- Tax audits — It’s essential to maintain clear accounting and reporting.
- Language barrier — Consider having a translator and legal consultants on staff or outsourced.
Hiring professional help at each stage significantly reduces risks and ensures a quick start for your business.
There is also an option to buy a business in Portugal. The country offers wide opportunities, including a favorable tax environment, a stable economy, and a simple transaction procedure.
