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The Portuguese government established the non-habitual resident (NHR) scheme in 2009. This tax resident special status offers expats (including Portuguese nationals) who want to live in Portugal a 20% flat tax on certain types of Portuguese sourced income or a...
How to move to Madeira? If you are considering relocation to one of the world's safest countries and live on the serene island of Madeira, there are steps that you cannot miss out on. From immigration to taxation, healthcare, children's school, etc. Our team of...
If you're thinking about moving to Portugal or Madeira Island, there are a few basic procedures you should take to prevent tax and immigration issues. Your friends are not tax or immigration advisors. Remember that although your friends might already be living in...
The Portugal State Budget for 2022 will soon be discussed in the recently elected parliament. Apart from the expected new tax on cryptocurrencies, the new Portuguese Socialist Party's majority (a member of the European Progressive Alliance of Socialists and Democrats...
New cryptocurrency tax in Portugal on the horizon? Cryptocurrency tax in Portugal is looming, and it might occur sooner rather than later. Although the current tax regime on cryptocurrency is not transparent, many understand Portugal to be a tax haven for crypto...
The personal income tax system in Portugal is sometimes challenging to grasp; that is why we have prepared this article summarizing the key aspects of the Portuguese tax system. How does the Tax System in Portugal Work? The Basics The Portuguese tax system consists of...
Portugal Crypto Tax: Absence of Law Portugal has no tax legislation (crypto tax) nor provisions on cryptocurrencies and crypto-assets. Further to the current absence of tax legislation on crypto assets, the Portuguese Tax and Customs Authority (AT) has only issued a...
Offshore company formation in Madeira Island (Portugal) has never been easier. Still, before you jump into it, we provide you with five tips that will make you better understand Portugal’s most tax-efficient jurisdiction. The Madeira International Business Center...
After thoughtful consideration (or maybe on impulse, like some of our clients who have fallen immediately in love with the island), you are buying property in Portugal, or even in the Pearl of the Atlantic, Madeira island. As lawyers and accountants, our team...
Taxation in Portugal is levied by both the national government and by the regional governments of the Autonomous Regions of Azores and Madeira. Understanding how corporate taxation is levied at the national and regional level is important, especially when your...