Starting a business in Europe can open doors to global opportunities — and company registration in Portugal is an excellent option for entrepreneurs looking for a stable, business-friendly environment. Whether you're a solo founder or launching a company with partners, Portugal offers a clear legal structure and attractive benefits for businesses of all sizes.

Why Choose Portugal for Business?

Portugal has become one of the most popular destinations in Europe for startups and small to medium enterprises (SMEs). With a strong digital infrastructure, access to EU markets, low operational costs, and various government incentives for investors, Portugal is an ideal base for expanding your business presence in Europe.

Steps for Company Registration in Portugal

1. Choose the Right Business Structure

The most common types of businesses in Portugal include:

  • Sole Proprietorship (Empresário em Nome Individual)
  • Private Limited Company (Sociedade por Quotas — LDA)
  • Public Limited Company (Sociedade Anónima — SA)

For most small and medium businesses, an LDA is the preferred choice due to its flexibility and limited liability structure.

2. Obtain a Portuguese Tax Identification Number (NIF)

Before starting the registration process, you'll need a NIF number, which is necessary for personal and business transactions in Portugal.

3. Secure a Company Name

You can reserve a unique name online or select one from a pre-approved list provided by the government.

4. Open a Business Bank Account

Next, open a corporate bank account in Portugal and deposit the required share capital (usually €1 per shareholder for an LDA).

5. Register with the Portuguese Commercial Registry

Submit the company documents, such as the Articles of Association, ID proof of shareholders, and bank deposit proof. Once verified, your company will be legally registered.

6. Register for Tax and Social Security

After incorporation, register your company with:

  • Portuguese Tax Authorities
  • Social Security
  • Relevant business licenses (depending on your industry)

Benefits of Company Registration in Portugal

Full ownership rights for foreign nationals

Gateway to the EU market

Attractive tax schemes for businesses and entrepreneurs

Residency and visa options available

Fast digital registration system for quick setups

Frequently Asked Questions (FAQs)

1. Can a foreigner register a company in Portugal?

Yes, Portugal allows 100% foreign ownership of companies. Foreigners can start a business without needing local partners, though having a local legal representative can be helpful.

2. How long does it take to register a company in Portugal?

Typically, it takes 5–10 working days if all documents are in place. Digital processes can reduce this timeline significantly.

3. What documents are required to start a company in Portugal?

You'll need:

  • A valid passport or ID
  • Portuguese NIF number
  • Proof of address
  • Company name approval
  • Articles of Association
  • Proof of bank deposit for share capital

4. What is the minimum capital required to open a company?

For an LDA (Private Limited Company), the minimum share capital is just €1 per shareholder.

5. Do I need to be in Portugal to register a company?

Not necessarily. Company registration can be done remotely through a legal representative or business consultancy firm.

6. Is it necessary to hire an accountant in Portugal?

Yes, having a certified accountant is mandatory for tax filing and compliance with local laws.

Need Help Getting Started?

If you're ready to begin your business journey in Portugal but need assistance, our experts can handle everything from NIF applications to complete company registration in Portugal. Contact us today to get started with a smooth, stress-free process.