Why Portugal

If you are reading this then it is likely that you are considering setting up a business in Portugal. The following points should help you make that decision to invest or conduct business in a jurisdiction of internationally noted quality:

  • An excellent hub for the establishment of international business in areas as diverse as financial services, trading and e-commerce, light manufacturing, shipping, property development and tourism;
  • A highly developed business services infrastructure, where you can Passport your EU licence in financial services such as insurance and reinsurance, EU-wide pensions, banking and funds administration, amongst others;
  • Few restrictions in moving capital or repatriating dividends;
  • A variety of interesting fiscal products ranging from lucrative funds’ development and administration to customised financial solutions such as international tax planning strategies,
  • A high-quality environment for corporate accommodation as well as modern services and workspace for manufacturing and distribution; together with an effective, modern communications infrastructure. The necessary business support services are also available on site;
  • Stable political and economic environment already appreciated by established investors and customers;
  • Benefits from membership of the EU including access to the EU financial services’ market;
  • Enhanced, weather-protected port facilities ideal for cruise liners and cargo handling/logistics
  • An international airport with scheduled flights around the world,
  • One of Europe’s most advanced fibre-optic telecommunications networks, providing quality solutions for business requirements;
  • Multi-skilled, suitably qualified workforce with training assistance to update skills in accordance with the investments opportunities that arise;
  • A harmonious, multicultural and English-speaking environment, (as favoured by most international businesses), providing pivotal access to regional markets in Mediterranean Europe South America and North Africa. The majority of the professional population in Portugal are at least bilingual;
  • Legislation is in place to encourage High Net Worth Individuals (HNWI) and High Executive Possessing Specialist Skills (HEPPS) to establish tax residency in Portugal, affording them the opportunity to have the tax payable on their income restricted to a maximum amount;
  • Portugal enjoys warm summers and mild winters - 300 days of sunshine - and a high quality of life with many sports and leisure facilities both in and around Portugal;

In short, whatever your reason for establishing yourself or your business in Portugal, Portugal has something for everyone.