Start a business in Portugal
Portugal is recognized for its favorable economic conditions and friendly environment for business owners, presenting numerous opportunities to achieve your goals. Our firm is dedicated to supporting you throughout the process by offering expert guidance and assistance to ensure a seamless and successful start for your business.
Steps and solutions
Our systematic process simplifies the steps involved in starting a business in Portugal. We provide tailored solutions that accelerate the journey to success, covering everything from selecting the most suitable corporate structure to providing comprehensive support with registration, licensing, banking, and additional services.
Determine business activities
A key step in the process of launching a business is identifying its business activities. This involves outlining the main functions, services, or products that the business plans to provide or pursue. A precise description of these activities is vital not only for meeting legal requirements but also for creating a distinct identity for the business. We support the establishment of businesses across various sectors, including but not limited to:
- Aviation
- Bank
- Blockchain
- Business support
- Cars and vehicles
- Construction
- Consulting
- Distribution
- DIY retail
- Education
- Electronics retail
- Energy
- Farming
- Finance
- Fitness
- Food and beverage retail
- Freight and package transportation
- Healthcare
- Hotels and motels
- Information technology
- Laboratory
- Logistics
- Manufacturing
- Marketing
- Media
- Minerals
- Printing
- Publishing
- Real-estate
- Restaurant
- Tourism and travel
Choosing the right legal entity type
Choosing the appropriate legal entity structure is the first step in starting your business. There are several options to consider, such as Private Limited Liability Company (LDA), Public Limited Liability Company (SA), Branch Office, and Holding Company in Portugal. Each type of legal entity has unique consequences regarding liability, tax responsibilities, and operational flexibility. Seeking legal advice and performing detailed research is crucial in identifying the best framework that aligns with your company’s objectives.
Conducting thorough market research
The experts will assist you in conducting thorough market research and provide valuable insights into consumer preferences, market trends, and competitive analysis. With this knowledge, you can develop a strong business plan and create a strategic presence in the industry.
Setup legal address
The knowledgeable team will guide you through the licensing requirements, clarify the permits needed, and assist you with the application process. We will ensure you acquire all the essential licenses.
Applying for required licenses
The knowledgeable team will guide you through the licensing requirements, clarify the necessary permits, and assist you with the application process. We will ensure that you obtain all the required licenses.
Opening a business bank account
The team will assist you in selecting a reliable bank and will support you in the account opening process. We will guide you regarding the necessary documentation, manage communication with the bank for you, and ensure that your corporate account is tailored to fit your specific needs.
Registering your business
The experienced team will assist you with every aspect of the registration process, from preparing to submitting the required documents. We will streamline the registration process to conserve your time and effort, allowing you to focus on growing your business.
Setting up accounting
The experts will assist you in creating effective accounting systems and procedures, making sure you keep accurate financial records and follow accounting standards. We will help you with everything from bookkeeping to the preparation of financial statements, enabling you to manage your corporate finances successfully.
Business landscape in Portugal
Portugal’s robust economy, prospects in tourism and renewable energy, along with its strategic location, render it an appealing option for companies exploring the European market. The country offers a wealth of cultural heritage, beautiful coastlines, and government support for foreign investment, providing various benefits for businesses aiming to set up operations in the area.
Start a business with us
Our team is well-prepared to assist you at every stage of starting a business in Portugal. When you are ready to begin, please contact us using the form below to get more information and set up a consultation. Let us be your reliable advisors as you explore the fantastic opportunities in Portugal, turning your entrepreneurial goals into real success.