Can business in Portugal change it’s legal entity type?

Indeed, it is possible for a business in Portugal to alter its legal structure. This process includes various steps, such as seeking advice from experts, establishing a new entity, transferring assets and operations, dissolving the old entity, and informing stakeholders. The specific steps involved can differ depending on the existing and desired legal structures and regulations. It is essential to seek professional guidance and ensure that all procedures are completed accurately to prevent any major legal or financial consequences.