Q1. Can foreigners register companies in Portugal?
Yes, Portugal allows 100% foreign ownership with no residency requirements for shareholders or directors.
Q2. How long does the registration process take?
Company registration typically takes between 5 to 10 business days.
Q3. What is the minimum share capital?
Private Limited Companies require a minimum share capital of €1 by law, but practically, €5,000 is recommended for credibility.
Q4. Is a local director mandatory?
No, there is no requirement for directors to be residents of Portugal.
Q5. What taxes apply to companies in Portugal?
Corporate income tax (IRC) at 21%, VAT, social security contributions, and other applicable local taxes.