Portugal

Portugal offers a unique blend of innovation, quality of life, and economic opportunity within the European Union.

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Lisbon

Sources: DG for Communication

Euro (€)

Sources: DG for Communication

Portuguese

Sources: DG for Communication

10.7M

Sources: Eurostat

Portugal's 20% corporate tax rate, combined with a lower 16% rate for SMEs, creates a competitive and supportive framework for businesses of all sizes.

Portugal is actively working to enhance its tax competitiveness through ongoing reforms aimed at simplifying the system and encouraging foreign investment.

SIFIDE II R&D Incentive

Up to 82.5% tax credit on R&D investment expenses

Portugal offers one of Europe's most generous R&D incentives, SIFIDE II, which provides a substantial tax credit to companies investing in innovation.

80% Achievement on SNS #1: Fast Startup Score

Efficiency of starting a business and administrative support

Portugal has made significant strides in digitalising its services, offering an efficient and straightforward process for entrepreneurs to launch their businesses.

2% GDP Growth in 2025

Annual real GDP growth rate forecast

Portugal's resilient economy is projected to grow steadily, driven by a strong tourism sector, increasing exports, and significant foreign investment.

100% on SNS #6: Access to Finance Score

Availability of public and private funding for startups

With a perfect score for access to finance, Portugal's thriving startup ecosystem is strongly supported by a diverse range of venture capital and public funding options.

39th on Ease of Doing Business Ranking

Portugal ranks favourably for its business-friendly environment, with efficient processes for trading across borders and resolving insolvency.

Portugal's competitive labour costs, combined with a talented and multilingual workforce, offer a significant strategic advantage for businesses in Western Europe.

48% Top Personal Income Tax Rate

Progressive rates start from 12.50% up to 48%

Portugal's progressive personal tax brackets ensure a fair contribution to fund the country's public services, including its national healthcare system and social security.

Portugal's national health service (SNS) provides universal access to healthcare, and the country is committed to ongoing improvements in quality and patient care.

With its sunny climate, vibrant culture, and friendly communities, Portugal provides a high quality of life that contributes to the happiness of its residents.

Portugal boasts a high employment rate, reflecting a dynamic labour market and a skilled workforce, particularly in the tech and tourism sectors.

A global leader in e-government, Portugal provides comprehensive digital services by default, making interactions with public administration seamless and efficient.

With inflation normalising to low levels, Portugal's economy provides a stable and predictable financial climate for both consumers and businesses.

Non-EU citizens must have a valid passport and visa unless exempt. Short stays up to 90 days require a Schengen visa, while longer stays necessitate a national visa or residence permit.

Any EU citizen may enter Portugal by presenting a valid identity card or passport.

For those who work remotely from Portugal, it is possible to obtain a temporary stay visa and residence permit to carry out their professional activity for an entity based outside the national territory.

Portugal has embassies and consulates worldwide that offer visa services and assistance to its citizens abroad. A current list of these missions is available on the Ministry of Foreign Affairs website.

Portugal

20% Corporate Tax