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Portugal (Madeira) company registration - business setup

More Information

The Benefits of setting up a Business in Portugal

Opening a company in Portugal is a savvy move for businesses looking to stay ahead of the curve. With its stable political environment, strategic location in Europe, and competitive tax regime, Portugal offers an attractive option for companies seeking to expand internationally.

See detailed price list for Portugal

Company Formation In Portugal: Registration Process

5 simple steps are needed to register a company in Portugal

 
 
Upload your documents
Your account manager will ask you for official documents which are required for your company formation.
 
Incorporate your company successfully
Once your documents have been processed your company will be successfully incorporated subject to local authority approval
 
Process any additional services
Your account manager will guide you through the steps of completing your request of additional services such as bank accounts.
 
Manage Your company via our client portal
Our client portal will give you immediate access to all your documents as well as display your company structure.
 
 

Company Formation In Portugal: Bank Options

SFM offers a banking introduction service to various banks around the world. While your business is registered in Portugal, it is free to open bank accounts anywhere in the world. The banks offered on our website do not constitute an exhaustive list. The choice of banking institution is always determined by the client, and SFM will guide the client and streamline the whole process.

 
 

Company Formation In Portugal: Benefits & Tax Advantages

  • Capital gains payments to non-resident shareholders from blacklisted jurisdictions are exempt.
  • No withholding tax is imposed on global payments for interest, royalties, and services.
  • Portugal has a Value-Added Tax (VAT) system with three different rates: standard, reduced, and super reduced.

Company Formation in Portugal: Types & Criteria

Characteristics Of Portuguese Company

Company type
Limited Liability Company / Limitada (Lda)
Governing corporate legislation
Madeira companies are regulated under the Portuguese Commercial Companies Code.
Information published relating to company officers
Upon registration of the company, the names of company officers and shareholders will appear on public record.
Accounting requirement
Annual accounts and quarterly VAT returns must be filed.
Taxation
Madeira’s corporate tax rate is 14.7% (11.9% up to 25,000 € taxable profit). Licensed Madeira International Business Centre’s companies can apply a reduced CIT rate of 5% under certain conditions.
Standard currency
EUR
Time to form
Madeira has a fast and efficient registry. Company formation can be processed within 2 weeks (upon validation of your identification documents)*
Stability
Very stable jurisdiction with an excellent reputation.
Communication
Good communication means.
Time zone
Convenient time zone (GMT).
Secretary required
No
Paid up capital requirement
Minimum share capital: EUR 2
Renewal Date
Anniversary date of the company / Each Year
Basis of legal System
Civil Law
Minimum directors/shareholders
Minimum of 1 director and 1 shareholder.
Bearer shares
Bearer shares are not permitted.
Additional Facts
Madeira’s strong legal and regulatory landscape makes the country an attractive and stable place to do business. Portuguese regulators across different sectors have a strong reputation for excellence.

Documents Required for the Creation of the Company

A certified copy Certification of a passport can be made by a notary, an attorney-at-law, a bank, a public officer, or in accordance with SFM indications. Kindly consult your dedicated account manager at SFM to obtain precise information. of your passport, a certified copy of proof of domicile dated less than three months, a curriculum vitae, as well as last 3 months' bank statement. All in original.**


Who Can Benefit From Company Registration In Portugal?



Why Choose SFM As Your Corporate Provider?

We prioritize confidentiality and data protection to ensure the safety of your sensitive information. We offer competitive pricing to provide cost-effective solutions for your business needs. SFM has a high client satisfaction rate, which is a testament to our commitment to excellent service. Additionally, we have a team of experts with extensive knowledge and experience, business experts and an international group of companies who are members of leading associations. SFM also has a strong executive team that conducts business with integrity and due diligence, guaranteeing the best possible outcome for your company.

Frequently Asked Questions - Company Formation in Portugal

  • What is the process for registering a company in Portugal?

    In order to establish a Limited Liability Company in Madeira, it is required to follow these steps :
    1. Obtain a tax number ("NIF" or "Número de Identificação Fiscal")
    2. Apply for the approval of the company name and business purpose (activity) at RNPC;
    3. Prepare the articles of association (to be signed and notarised by all members) as well as acceptance letter to be signed by the future director(s).
    4. Register the company and the articles of association with the Portuguese Commercial Registry and obtain an official registration certificate.
    Our teams will be assisting you at each step to make sure you have a smooth process.
  • What types of companies can be registered in Portugal?

    There are two types of company registration in Madeira:
    • Limited Liability Company / Limitada (Lda) (Madeira Local Company)
    • Madeira IBC
    It is important to note that our company can assist in registering a Limited Liability Company.
  • What are the requirements for registering a company in Portugal?

    The following documents are required to be shared by email and then to be sent to our office by courier.
    • A certified copy of passport,
    • a certified copy of proof of domicile dated less than three months,
    • a curriculum vitae
    • the last 3 months' bank statement.
  • What is the minimum share capital required for registering a company in Portugal?

    There is no specific requirement to deposit a share capital while establishing Limited Liability Company in Madeira.
  • How long does it take to register a company in Portugal?

    Once we have received and confirmed all the required documents, it will take about 2 weeks to establish the Limited Liability Company in Madeira.
  •  
  • Do I need a lawyer to register a company in Portugal?

    A lawyer is not required to register a Madeira Local Company, however the company must have a Registered Address in Madeira. Our company will be assisting in the process of company registration and will be providing you with the registered agent and registered address services to comply with local regulations and establish your Limited Liability Company in Madeira.
  • What taxes will my company need to pay in Portugal?

    Madeira’s corporate tax rate is 14.7% (11.9% up to 25,000 € taxable profit). Licensed Madeira International Business Centre’s companies can apply a reduced CIT rate of 5% under certain conditions.
  • Do I need to have a physical office in Portugal to register a company?

    Whereas a Madeira Limited Liability Company (Local Company) is not required to have a physical office but rather a Registered Address which is provided through our services while you establish your Limited Liability Company in Madeira, the Licensed Madeira International Business Centre’s companies (IBC) will require that the company operates physically from Madeira.
  • Can a foreigner register a company in Portugal?

    Yes, it is allowed for a foreigner to establish a Limited Liability Company in Madeira.
  • What are the benefits of registering a company in Portugal?

    Registering a company in Portugal offers numerous benefits. One advantage is the strategic location of the Island of Madeira, which serves as a significant financial, commercial, and tourist hub. Additionally, Madeira Local companies enjoy a low Corporate Tax rate, starting from as modest as 11.9% for taxable profits up to 25,000 €, making it one of the lowest rates in the region. Entrepreneurs can also expect reduced operation and maintenance costs. Non-EU investors may be eligible for a special visa, allowing them and their immediate family to work or study legally in Portugal and travel within the Schengen area, provided they meet specific minimum investment criteria. Moreover, Portugal's fully integrated financial system ensures a reliable partnership for managing business transactions in the international and European markets.



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* Subject to the constraints of the due diligence procedure.
** Documents must be provided for every person related to the company.
Disclaimer: Nothing on this webpage shall be construed as a contractual commitment or as a warranty. Services conditions are governed by the applicable terms and conditions.

Our Client Reviews

Our Testimonials Are Verified By Feefo, A Third Party Company

4+ out of 5 stars customer rating
Overall Rating
96% Customer satisfaction rate, testimonials verified by Feefo.com
27-Apr-2023
Excellent service with full support throughout the process, with quick and clear communication at all times.
03-Apr-2023
Better feedback and better clarity of the requirements and timelines from the start
08-Mar-2023
The progress of my new company was delayed more than I expected.
08-Mar-2023
Always on hand for help and assistance, and helped us no end in the process of incorporating our business, would be very happy to recommend to others.
04-Jan-2023
I have used SFM for company set up and also for company dissolution. I have found them to be efficient and courteous. Sometimes responses involving the local registration authorities have taken some time, but I surmise that this is attributable to the third party involved. I would have no hesitation in recommending them to others.
03-Nov-2022
Experienced professionals and very fast Excellent value for money.
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