Register Branch office in Portugal
With a steady market and various monetary perks intended for international business, Portugal is an excellent place to start a branch. The Standards for International Companies – “Corporate Social Responsibility,” which govern the establishment of divisions in Portugal, must be followed while forming an office. Our networks business manager helps you understand these rules and responsibilities.
Our branch office specialists can help you secure the directors’ approval for a business unit.
Setup a branch office
When establishing the Portuguese division, there is no requirement to contribute a minimum primary investment. However, some registration requirements must be met. Our staff will assist you in registering by giving the following branch office benefits:
- Bank account establishment,
- Collection and submission of documents,
- Getting the authorization from directors,
- Authorization of business address,
- Applying for VAT registration.
Branch office registration conditions
Following are the required registration conditions:
- A bank account must be opened,
- Registration with the tax office,
- The company must hire an accountant.
Required documents
Documents required for branch office authorization are:
- A duplicate of the parent firm’s Clear Status,
- A photocopy of the firm’s Articles of Incorporation,
- Proceedings of the Plenary Session in which the proposal to establish a Portuguese division was passed,
- An official representative of the branch,
- Power of attorney.
Professionals at our network evaluate and submit documents and forms for the subdivision’s establishment to the Trade Registrar.
Benefits of Branch office in Portugal
There are the following benefits of establishing a branch office in the Portugal:
- There are fewer requirements to present accounts than there are with companies,
- There are no capital requirements,
- Tax benefits for international companies,
- A gateway to the European market.
Branch office solutions
Overall, establishing a Branch Office in Portugal is not complicated, all you need is expert guidance throughout the procedure. The consultants assist with all regulatory obligations and provide advice on the advantages, disadvantages, and business ideas.
Ready for the next step
Accelerate your business growth while we take care of everything else.