A full EU member state since 1986, Portugal offers a stable political and social environment, clear and transparent tax rules, good infrastructure, a favourable investment climate, a skilled labour force and an excellent quality of life.
Sovereign opened its office in Portugal in 1999 specifically to meet the growing demand for fiscal representation and assistance from foreign investors, residents and retirees. As well as assisting with applications under Portugal’s ‘Golden Visa’ and Passive Income (D7) programmes, as well as the NHR tax regime, Sovereign offers continued support to clients that require ongoing Fiscal Representation and accounting services in Portugal.
There are no legal restrictions in Portugal on foreign investment. To establish a new business, foreign investors must follow the same rules as domestic investors, including mandatory registration and compliance with regulatory obligations for specific activities. There are no nationality requirements and no limitations on the repatriation of profits or dividends.
The most used business entities in Portugal are the Sociedade por Quotas (LDA), a private limited liability company, and the Sociedade Anónima (SA), a public limited company.
Sovereign’s office in Lagoa in the Algarve was established in 1999 specifically to meet the growing demand for fiscal assistance from foreign investors, residents and retirees.
As well as assisting and guiding clients through the complex application processes for Portugal’s Golden and D7 Visa schemes and the NHR tax regime, Sovereign provides continued support to corporate and individual clients that require ongoing Fiscal Representation and accounting services for the letting of their Portuguese properties and submission of income tax returns.