Company Constitution

National and foreign clients wishing to set up a company in Portugal can count on the assistance of our legal team in all stages of the incorporation.

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WHAT IS A COMPANY CONSTITUTION?

A company is characterized as a legal entity, consisting of one or more businessmen, partners or shareholders, aiming at profit. An entrepreneur is considered to be someone who professionally carries out an organized economic activity for the production or circulation of goods or services.

ARE YOU A FOREIGNER AND WANT TO INVEST IN PORTUGAL?

The principle that guides the Portuguese regulatory framework is that of non-discrimination in investment based on nationality, so we have no restrictions on the entry of foreign capital. In this sense, it is not mandatory to have a national partner, nor are there any limitations on the distribution of profits or dividends abroad; there is no requirement for any special registration or notification to any authority; and the regulations governing foreign investment are similar to those applicable to domestic investment. However, holders of a shareholding in a Portuguese company who are not resident in Portugal will, for tax purposes, have to obtain a Portuguese tax identification number (NIF).

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WHAT DOES IT TAKE TO OPEN A COMPANY IN PORTUGAL?

Business plan (essential to obtain credit for the new company);
Market analysis (in order to assess factors such as potential receptivity and competition, and the risk associated with your decision)

WHAT ARE THE TYPES OF COMPANY IN PORTUGAL?

You can only open two types of companies in Portugal, in a singular or collective name.

Singular

• Individual

• Individual Establishment and Limited Liability

• Single-member limited liability company

Coletiva

• Private Equity Company

• Company in collective name

• Cooperative

• Anonymous society

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PREPARE THE DOCUMENTATION

After choosing the type of company that best fits the profile of your business, it is necessary to gather the necessary documentation to carry out the opening of the company:

• Citizen Card or NIF Portugal

• Business Registration

• Enrollment in Social Security

• Declaration of start of activity

• Certificate of admissibility

• Deposit of share capital

• Preparation of the incorporation act of society

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YOUR TRUSTED PARTNER

WHO WE ARE

Meyer Soares Advogadas has a team of excellence that is dedicated to the causes, assuming the objectives of the clients as their own, in a context of proximity and professionalism.

With deep knowledge and solid experience, we work with our clients to guarantee the success of their projects.

More than practicing law, our team uses its talent to translate the doctrine in a clear and accessible way for everyone. We open dialogues, bring universes together, make law a discipline that everyone understands.

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Agradeço ter conhecido o escritório desde o início da tomada de decisão em nos mudarmos para Portugal, podendo assim ser acompanhados desde o início com competência.

Maria do C. R.

Agradeço ter conhecido o escritório desde o início da tomada de decisão em nos mudarmos para Portugal, podendo assim ser acompanhados desde o início com competência.

Maria do C. R.

COMMON QUESTIONS

Is a residence visa required to open a business?

Theoretically it is not mandatory, but you will need a tax number (NIF) to open a company in Portugal. And if you are not a European citizen, you must necessarily have a visa to stay in Portugal. Or appoint an individual or entity resident in Portugal for the purposes of representation before the Portuguese tax authorities.

How long does it take to open a company?

Depending on the type of company you want to open in Portugal, the process may be faster or a little slower. Whether for the incorporation of a company in the traditional way or for the acquisition of a company that already exists in the market, we provide the legal, financial, economic and social support necessary to evaluate all the available alternatives, thus eliminating the occurrence of future surprises.

Can I open a branch in Portugal?

The answer is positive. If you already have a company in another country, you can extend it to Portugal. This can occur both through the opening of a branch or even a branch, for example.