Before starting a business in Portugal, it’s advisable to speak to an English-speaking lawyer knowledgeable in Portuguese business laws. Obtaining legal advice will help you identify any tax breaks available and navigate your way through the process of opening your business.
In Portugal, the corporate income tax rate is a tax collected from companies. Currently it stands at 21 percent.
Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. Revenues from the corporate tax rate are an important source of income for the Portuguese Government.
Taxable profits include the money your company or association makes from:
If your company is based in Portugal, it pays company tax on all its profits from Portugal and abroad. If your company isn’t based in Portugal but has an office or branch here, it only pays company tax on its profits from its activities in Portugal.
Here you can find all the information regarding company taxes in Portugal.