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Information on Taxes

Whether you are a private individual or a legal person, moving to Portugal to start a business or just moving to look for a new job and start a new life, we’re here to help you understand the Portuguese tax system and support you in finding a tax plan that suits your needs. Portugal offers several tax incentives that you and your business may benefit from.

#7

Portugal has the seventh-highest personal income tax rates in Europe (2022)

#34

On the 2021 International Tax Competitiveness Index, Portugal is ranked #34 among European OECD countries

21%

Standard Corporate Income Tax Rate (IRC)

28%

Capital Gains Tax Rate

23%

Standard VAT Rate

25%

Flat rate tax for non-residents on Portuguese-sourced income

78

Number of Tax Treaties in Portugal (International Taxes in Portugal)

2009

The year that the Non-Habitual Residence (NHR) tax regime was implemented

Main Types of Taxes

Below, we outline the various tax categories; however, what are the general compliance requirements for paying taxes in Portugal? A person is deemed to be a resident if he/she spends more than 183 days in Portugal in any 12-month period starting or ending in the tax year (from January 1st to December 31st) or if he/she owns or rents a house with the intention of using it as a permanent residence. Registration with the tax authorities should be made from the moment the person starts living in Portugal (evidence of housing is generally required, but not in all cases). For most acts, a tax number is required even for non-tax residents (a local tax representative may be required).

- Levied on Portuguese-sourced income for non-tax residents and on worldwide income for tax residents and non-habitual residents (may lead to international double taxation).
- Standard rate for non-residents is 28% on most sources of income (a 25% rate applies to some items of income) / Standard progressive rate for residents goes up to 48% for income above € 80k.
- Residents (including NHR) have to submit a yearly tax return covering all sources of income and indication of IBAN for foreign bank accounts wherever in the world / Non-residents are exempted from submitting tax returns except for some items of income such as capital gains and rents earned in Portugal.

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Our Tax Services

Understanding your tax responsibilities is crucial when moving to a new country. moviinn’s tax experts and accountants can help you figure out your tax situation so that your relocation to Portugal can be as stress-free as possible. 

Common Questions about Taxes in Portugal

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+351 912 322 858

Calçada de Santo Antonio
1150 - 313 Lisbon - Portugal


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