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Starting a business in Portugal, particularly on the beautiful island of Madeira, offers an array of opportunities for expats looking to expand their operations into Europe. Opening a business bank account is one of the first and most crucial steps. This process...
Portugal, especially the charming Madeira Island, continues to draw foreign investors and expats looking for fresh prospects as we head into 2025. Unquestionably appealing, the island provides stunning scenery, a good tax environment, and a European Union stance from...
For many expatriates, moving to Portugal—especially to beautiful Madeira Island—is an exhilarating journey. This European jewel has become a magnet for individuals looking for a new house or business site, given its pleasant temperature, stunning surroundings, and...
Are you wondering what the steps are to open a business in Portugal? With its favourable business environment and strategic location, Portugal has become an attractive jurisdiction for entrepreneurs and investors. Establishing a company in Portugal (or Madeira) can be...
Portugal’s Startup Visa presents a convincing path for those wishing to start European creative companies. Aiming to increase the nation’s IT ecosystem, the program seeks to draw talent worldwide. Before going in, though, knowing its criteria, advantages, and relative...
Should you consider leaving Portugal, you should be aware of the Portugal Exit Tax. Designed to collect accumulated capital gains before you leave the country, this tax can significantly affect your financial planning. If you hold cryptocurrency, you need to know how...
Although companies and people have significant responsibility for tax compliance, conflicts with tax authorities (tax controversy) can develop even with the best intentions. Tax issues are not rare in Portugal and can be complicated, demanding, and time-consuming....
Global tax regulations have been more complicated recently, especially as countries try to stop tax-dodging tactics. The question of dual tax residence—where people try to claim residency in more than one jurisdiction, therefore benefiting from advantageous tax...
Whether for personal or business reasons, moving to Portugal is an exciting adventure. However, it includes a set of financial responsibilities and legal quirks that could be difficult to deal with. Particularly with significant developments like the elimination of...
Tax withholding directly affects people and businesses and is vital to the Portuguese tax system. It guarantees that taxes are gathered at the source of income, giving the government a consistent income source and streamlining the tax procedure for companies and...