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Registration of Company in Portugal-Lda

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Португалия
Registration of Company in Portugal-Lda
Number of Directors
1
Corporate income tax
25.0
Minimum authorized capital
1 EUR
Financial statements
Yes

Cost of registration

from 2140 EUR

The cost of the second year

from 1890 EUR

Portugal, officially the Portuguese Republic, is a country located in Southwestern Europe, on the Iberian Peninsula. It is the westernmost country of mainland Europe, and is bordered by the Atlantic Ocean to the west and south and by Spain to the north and east. Apart from continental Portugal, the Portuguese Republic holds sovereignty over the Atlantic archipelagos of Azores and Madeira, which are autonomous regions of Portugal. The country is named after its second largest city, Porto, whose Latin name was Portus Cale.

The land within the borders of the current Portuguese Republic has been continually fought over and settled since prehistoric times. After a period of Roman rule followed byVisigothic and Suebian domination, in the 8th century most of the Iberian Peninsula was conquered by Moorish invaders professing Islam. During the Christian Reconquista, Portugal established itself as an independent kingdom from Galicia in 1139. In the 15th and 16th centuries, as the result of pioneering the Age of Discovery, Portugal expandedwestern influence and established the first global empire, becoming one of the world's major economic, political and military powers.

The Portuguese Empire was the longest-lived of the modern European colonial empires, spanning almost 600 years, from the capture of Ceuta in 1415 to the handover of Macau in 1999 and granting of sovereignty to East Timor in 2002. The empire spread throughout a vast number of territories that are now part of 53 different sovereign states. Portugal's international status was greatly reduced during the 19th century, especially following theIndependence of Brazil, its largest colony. After the 1910 revolution deposed the monarchy, the democratic but unstable Portuguese First Republic was established, itself being superseded by the "Estado Novo" authoritarian regime. Democracy was restored after the Portuguese Colonial War and the Carnation Revolution in 1974.

Portugal is a developed country with a very high Human Development Index, the world's 27th highest quality of life as of 2010, and the 25th in Bloomberg's Global Innovation Index. It is one of the world's most globalized and peaceful nations: a member of theEuropean Union and the United Nations, and a founding member of the Latin Union, theOrganization of Ibero-American States, OECD, NATO, the Community of Portuguese Language Countries, the eurozone and the Schengen Agreement.

General information

Population
10 781 500.00
Literacy rate
93.30%
National currency
Euro (EUR)
Official language
Portuguese and Mirandese (but locally used)
Credit rating
A+

Corporate information

Opportunity to purchase ready-made companies
No
Legal system
Civil Law
Requirement for Local registered agent / secretary
Yes
Requirement for Local registered agent / secretary
Yes

Shares and share capital

Standard currency
Euro
The minimum amount of the issued capital
5000
Bearer shares
No
Possibility to issue shares without par value
No

Taxation

VAT
No
Capital gains tax
No
Currency control
No

Company structure

Minimum number of directors
1
The requirement for residency of directors
No
Director of legal entities are allowed
Yes
Director's data are publicly disclosed
No
Nominee service possibility
0.00

Shareholder and beneficiary

Minimum number of shareholders
2
The requirement for residency of shareholders
No
Shareholders' data are publicly disclosed
No
Beneficiary's data are publicly disclosed
No
Beneficial ownership reporting requirement
No

Reporting

The requirement for filing reports
Yes
Open access to reports
No
Statutory audit
No
The requirement for filing Annual Return
No
Open access to the Annual Return
No
The requirement for reports
Yes

When taking into account the information on this page, please refer to limitation of liability

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