On the Spot Firm is a service which allows the immediate incorporation of companies at the Corporate Formalities Centres and Business Registration Offices. This service makes possible to create a company in just one office in a single day.
Interested parties no longer have to obtain, in advance, a certificate of company admissibility from the National Registry of Companies (RNPC), nor is necessary to sign a public deed.
During the incorporation procedure, the definitive legal person identification card is handed over, the Social Security number is given, and the company received immediately its memorandum, articles of association and an extract of the entry in the Commercial Register.
Through the "Empresa na Hora" (On the Spot Firm) service, Portugal has thus become one country in Europe where setting up a company is now:
Given this, and in order to help you, we have created a video, prepared a set of faq's and listed all items needed for the process, so you can be prepared when it comes the time to open your Portuguese company.
The traditional lease and Local Accommodation (Alojamento Local [AL] ) are different and have their own legislation.
The main difference between the two is that, unlike the traditional lease, the Local Accommodation provides a service that demands much more than the simple accommodation. The Local Accommodation requires assets like furniture, home appliances, bed sheets, bath towels, kitchen equipment and other facilities, very similar to the hotel industry.
Given its particularities, people usually have doubts, especially concerning the taxation of their profits and legal requirements.
Similar to what happened in 2014, also in 2015 is assigned a tax benefit in IRS, for consumers who request their invoices with fiscal number.
In fact, the taxpayers can deduce 35% of their expenses with services and goods in IRS, until a maximum of 250€ per person (500 if a married couple). The final value is calculated by the Portuguese Tax Authority, based on the invoices that are reported, either by the issuer or the purchaser.
To go along with this tax deduction, the taxpayer must verify and confirm, until 15th February, the invoices issued over the last year, on E-Fatura portal.
Effectively, by consulting the portal, you will have two possibilities...