Now that James knows that Portugal is a prime location to invest, do business and live, he is really considering the possibility to set a company in Portugal.
For James, it's very important to clarify certain rules. It seems that he could take some tax advantages by developing his business in Portugal, rather than keep paying a high level of taxes on his own country. However, he's not quite sure about the Portuguese tax rules and benefits.
Let's help James!
In today's video, we'll go through the main Portuguese taxes:
In case you have any doubts or questions, please feel free to contact us.
For some time, James was thinking about investing abroad. It seems that he could take some tax advantages by developing his business in other countries, rather than keep paying a high level of taxes on his own country.
He already knows that Portugal is a prime location to invest, do business and live, and have great logistic infrastructures, advanced communication systems, and a friendly economic environment.
After all, James has visited Portugal a couple of times before, and he knows that it is a very nice place to be.
Lets help James make his decision...
As of 2017, the “Autoridade Tributária e Aduaneira (the Portuguese tax and custom authorities) will get access to every bank information concerning bank balance and annual interests (but only to bank balance, not to any movements done on it) of the savings residents have in Portugal and abroad.
A few days ago, the Portuguese government approved the final version of the diploma, which is based in three essential aspects.