Why you should consider starting a Company in Portugal as an entrepreneur

Portugal is an attractive destination for entrepreneurs and investors looking to start a new business.

The country offers numerous benefits to non-Portuguese citizens who are interested in starting a company in Portugal. Here are a few of the key benefits of starting a company in Portugal.

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1) Attractive Tax Regime

One of the biggest benefits of starting a company in Portugal is the attractive tax regime.

Portugal has a flat corporate tax rate of just 25% for both Portuguese and non-Portuguese companies. In addition, Portugal also offers a number of tax incentives for companies operating in certain sectors such as technology, renewable energy, and tourism.

Furthermore, Portugal has a number of double taxation agreements in place with other countries, which can help to reduce the tax burden for international businesses.

2) Access to a Talented Workforce

Portugal has a highly educated and multilingual workforce that is eager to work for international companies.

Portugal has a number of universities and colleges that offer degrees in a wide range of subjects, and the country has a well-established language school system that makes it easy for non-Portuguese citizens to learn Portuguese and integrate into the local community.

This makes it easier for international companies to recruit and retain talented employees in Portugal.

3) Strategic Location

Portugal is strategically located on the western coast of Europe, which makes it easy to access other European markets.

The country is well-connected to the rest of Europe by air, road, and sea, which makes it easy for companies to import and export goods and services.

Portugal is also part of the EU, which means that companies operating in Portugal have access to the world's largest single market and can take advantage of the free trade agreements in place between EU member states.

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4) Friendly Business Environment

Portugal has a friendly business environment that is welcoming to international companies.

The government of Portugal has implemented a number of measures to make it easier for foreign companies to do business in the country, such as streamlining the process for obtaining business visas, simplifying the process for registering a company, and providing financial incentives for international companies that invest in Portugal.

Furthermore, Portugal has a well-developed infrastructure and a highly skilled workforce, which makes it easy for companies to establish operations in the country.

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5) Cost-Effective Living

Portugal has a low cost of living compared to other countries in Western Europe, which makes it an attractive destination for international companies looking to reduce their operating costs.

The country has a stable and low-inflation economy, and the cost of housing, food, and other essentials is significantly lower than in other countries in the region.

Furthermore, Portugal offers a high standard of living, with a warm and sunny climate, a rich cultural heritage, and a diverse and welcoming population.

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In conclusion

Portugal offers a number of benefits to non-Portuguese citizens who are interested in starting a company in the country.

The attractive tax regime, access to a talented workforce, strategic location, friendly business environment, and cost-effective living all make Portugal an attractive destination for international companies.

If you are considering starting a company in Portugal, it is important to do your research and seek professional advice in order to ensure that you make the most of the opportunities available in this exciting and dynamic country.

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