For a number of years, UK residents who owned a property overseas didn’t have to worry about capital gains tax when selling the property. In recent years there has been significant changes and most UK residents with property in Portugal…
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The UK capital is losing its appeal and the recent announcement that Corporate Tax rates will increase to 25% by 2023 is driving companies to shift to lower tax jurisdictions. Moving your business to Portugal from the UK post Brexit…
Cryptocurrencies in Portugal Portugal’s stance on crypto currency makes it very appealing for crypto traders and investors. Portuguese crypto tax law states that the buying and selling of crypto currency is not subject to VAT. Other than that there are…
Last update from May 2021! The period for nominating a fiscal representative for people living in the UK and with a Portuguese NIF number has been extended to 30th June 2022. This does not apply to address changes to the…
The budget announcement today will impact large businesses with an increase in corporation tax from 19% - 25% in 2023 while the personal allowance and higher rate thresholds will be frozen for four years. The Help to Grow scheme offers...
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Looking to start a business in Portugal but not sure where to start? Portugal is becoming more and more attractive to foreigners that want to set up a business here. Many expats have successfully started a business in Portugal whilst…
Lisbon now takes 4th place on a global list of the best places to start a tech business – leaving San Francisco and London way behind. The Lisbon start-up scene and entrepreneur community is growing each day. Since 2014 Lisbon…
Before we explain how to start a business in Portugal – let’s look at some of the reasons why we think Portugal is a great place to set up a business. There are many reasons, but we’ve picked the top…
1.1. Introduction British expat business owners need to understand how the double taxation treaty will affect them when moving from the UK to Portugal. British expat business owners with companies based in the UK who are looking to move to...
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Now that the UK has officially left the EU, we have been granted a little wiggle room to breathe via the Brexit transition period which is now in motion and set to run until 31 December 2020. But the clock…