How long does it take to open a company?

Organizing all documentation, personal and corporate, should take between 1 to 3 weeks.

How many partners can the company have?

As many as you like. Also, it can have several managers.

How much is required for share capital?

In Portugal, the minimum share capital is 1€, but it's not recommended at all to have this as share capital, since it doesn't even cover the incorporation expenses. We recommend starting from 5000€ to more, depending on the sort of business and amount of people involved.

What are the monthly costs to have a company?

The basic monthly costs include a mandatory accountant (starting from 200€+VAT), salaries and taxes attached to them (starting from 23,75% of Social Security and Tax retention depending on the salary) and at least Virtual Office (starting from 60€+VAT), if not a physical office/workplace.

Company Formation in Portugal

Name: Company Formation in Portugal
Brand: Visadb

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Details

Starting a company is a simple process if you have the right partner to help you. Setting up the company itself only requires the definition of share capital and a maximum of four activities that you will carry out.

However, there are other associated issues that are required together with both the Tax and Customs Authority and Social Security that have to be carried out within the legal deadlines by the certified accountant that the company will (compulsorily) nominate.

Another key point will be the opening of a corporate bank account (requiring the presence in Portugal of all partners) and the respective updating of the register in all public services.

We also provide recruitment and selection services for workers and have a range of partners able to recruit highly qualified and specific positions.

In addition to these issues, the company will also need an official address. We offer the option of a virtual office or even co-working according to your needs. Other services related to the development of your activity can be added to these services.

Included in this service

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Business Consultation

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Company Incorporation

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Partners NIF Request

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CAE Research

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RCBE Registration

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Support to open a personal and corporate bank account

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Minute’s Book

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Request for Social Security number

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Representation with public bodies and entities

Pricing Breakdown

Price breakdown for all categories of services.

Consultation (45 Minutes)

$75

Company Formation Services

$1500 - $5000

Frequently Asked Questions

Users ask this questions about this service.

Consultation calls can be rescheduled but will not be refunded unless agreed.
All governments do not refund any application fees, so these are not refundable.
Ask your Expert about their full refund policy.
Organizing all documentation, personal and corporate, should take between 1 to 3 weeks.
As many as you like. Also, it can have several managers.
In Portugal, the minimum share capital is 1€, but it's not recommended at all to have this as share capital, since it doesn't even cover the incorporation expenses. We recommend starting from 5000€ to more, depending on the sort of business and amount of people involved.
The basic monthly costs include a mandatory accountant (starting from 200€+VAT), salaries and taxes attached to them (starting from 23,75% of Social Security and Tax retention depending on the salary) and at least Virtual Office (starting from 60€+VAT), if not a physical office/workplace.