How do I start my own business in Portugal?

Starting your own business in Portugal requires the completion of a number of actions before the company is ready to start its activities. A newly registered company must prepare the articles of association and all other documents such as passport copies, specimen signatures and special forms.

An accountant and a bank account are required for business formation in Portugal. A number of notarial procedures must also be arranged, as well as finding a place for business registration in Portugal.

It is necessary to obtain a deed of incorporation. To do this, the founders of an entity must submit an application followed by the articles of association and the certificate of the name approval, but no later than 15 days after the incorporation.

If the above is received, the Portuguese authority will provide a tax number, the social security number of the company and the declaration of commencement of operations.


For more questions, contact ILBE.BE Via or by telephone: 0032478934121

written by ILBE staff

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