Setting up a business
If you want to start a business in Portugal, you need to understand your specific goals, the nature of your business, and your liability preferences, as all of this will determine the business structure of your company.
startups registered in Portugal
startups in Portugal at growth stage
startups in Portugal at startup stage
Portugal’s GDP attributed to startups
number of unicorn companies from Portugal
ranking for Portugal for TOP 100 EMERGING ECOSYSTEMS
registered companies in Portugal belonging to the service industry
registered companies in Portugal belonging to the retail industry
Different legal forms when incorporating a company
In Portugal, the incorporation of a commercial company is subject to three main actions:
• Selecting a legal name
• Drafting the paperwork for the incorporation of the company
• Registering the company with the Commercial Registry Office
Below we discuss all the ways to start a business in Portugal, and the processes and procedures.
If you don't want to open a business in Portugal, there are alternative forms of doing business, which we discuss below as well, along with the differences between a branch, a subsidiary, and a new entity.
What are the 3 procedures to start a business in Portugal?
There are three possibilities to open a business in Portugal:
• The traditional procedure
• The "On-the-Spot Firm" (Empresa na Hora) procedure
• The online option
If you want to open a business in Portugal, you can choose to do it in three ways, one of which is the “traditional” way. This takes longer than the others, and includes several steps, such as the name approval process, opening a bank account, preparing the incorporation documents and having them validated and notarized, commercial registration, and commencement of activity.