Looking to expand your business to Europe?
Portugal offers foreigners many corporate advantages, and we'll make the process of incorporating your company in Portugal as quick and simple as possible.
Why open a company in Portugal?
Since Portugal is a member of the European Union (EU), it's also part of the EU's single market (free trading zone). This means that Portuguese companies can easily sell goods and services to other EU countries. In addition, Portugal has good relations and diplomatic agreements with countries all over the world.
But how easy is it to open your company in Portugal as a foreigner? First, you don't need to be a Portuguese citizen or even a Portuguese resident to open your company. You also don't need to hire a local director to run your business in Portugal.
In addition, Portuguese Commercial Law doesn't require any specific amount of share capital to establish a limited liability company. This means that you can open your limited liability company with as little as 1 EUR (for sole shareholders, 2 EUR if your company has multiple shareholders). For public limited companies, Portuguese Law imposes a minimum share capital of 50,000 EUR.
As an added benefit, Franco Law can incorporate your company without you having to be physically present in Portugal.