Following the publishing of the new list of “high value added activities” applicable to non-habitual residents (NHR) that register from 2020 onward, the Portuguese Tax Authority (AT) has decided to change the way which it controls how the high value added activities...
Madeira’s Your Brexit Opportunity
Why Madeira is your Brexit Opportunity? 1 - Low Taxes Today more than 10% of Madeira’s International Business Centre (MIBC) are of British origin, operating in one of Europe’s most tax-efficient and tax compliant jurisdictions. Approved the tax benefits were approved...
Implications of Tax Residency
Definition of Tax Residency Generally, a taxpayer is considered to be a tax resident in Portugal if he remains more than 183 days. This counting refers to any period of 12 months beginning or ending in the year in question. One is also resident if he/she owns housing...
A Land of (tax) Opportunities
A leading destination for all ages, Portugal is asserting itself as a major start-up destination in Europe, and with that hundreds of techies are willing to relocate to Europe's oldest country. But it is not just the Web Summit's new capital, Lisbon, who's attracting...