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Portugal News

Accounting, Audit, Tax and Legal News Portugal

General corruption prevention regime Portugal: Obligations for companies

Certain companies in Portugal must fulfil new anti-corruption obligations. This includes adopting a compliance programme or appointing a compliance officer. Failure to comply with these requirements could result in fines. The Ecovis experts explain the details.

Portugal’s new tax measures: State budget for 2025

The Portuguese state budget includes some new tax measures. These include the exemption of income tax for young people and the gradual reduction of corporate tax for companies. The Ecovis experts explain the details of the 2025 state budget.

Planning to buy or sell real estate in Portugal?

As part of a leading global consultancy, Ecovis provides tailored legal support for real estate matters in Portugal and internationally. Whether you need a real estate attorney or real estate property lawyer, our expertise spans every stage—from property acquisitions to real estate litigation—ensuring top-tier guidance and peace of mind.

Simplex Portugal: Paradigm shifts and the increased need for legal support in real estate

Throughout 2024, the Portuguese government has implemented a legal package named Simplex. It includes measures to overcome challenges related to a lack of housing and simplifying urban planning and licensing, in line with a “zero licensing” philosophy.

Buying a house in Portugal: New tax incentives

On 1 August 2024, exemptions were introduced to Portuguese real estate transfer tax and stamp duty for the purchase of a first permanent home by young people (foreigners or Portuguese nationals) up to the age of 35. The Ecovis experts explain the details of when exactly the tax benefits apply.

Ecovis is now offering legal services in Portugal

We are pleased to announce the addition of the prestigious Portuguese law firm RBMS – Rodrigues Bastos, Magalhães e Silva & Associados, Law Firm, SP, RL to our network. RBMS – Member of ECOVIS International – is a law firm originated from the common practice of most of its partners for more than two decades. […]

ECOVIS Portugal provides corporate secretarial, domiciliation and directorship services to global investment entity

Background Our client is a global investment company who manages and administers €424bn of assets on behalf of their clients. The company had 8 entities in Portugal for which they needed corporate secretarial services, domiciliation, and directorship services. This client approached us through our existing partner Citco. Issue The client needed domiciliation, directorship, and corporate […]

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Special tax for non-regular residents

In making Portugal more attractive regarding taxation, the Portuguese created and implemented a tax system for non-regular residents through Decree Law no. 249/2009, dated September 29.

Status of non-habitual tax resident in Portugal

Portugal: Our client’s business activities focus on the provision of computer technology services, including market observation, feasibility studies, assessment of competition, support in the management of IT projects, and standard software maintenance.