LLC in Portugal: Emifast's Expert Guidance

Portugal

Sole Proprietorship

Sole proprietorship

A sole proprietorship, also known as "Empresário em Nome Individual" in Portuguese, is the simplest and most direct form of business structure in Portugal. In this model, the business is owned and run by a single person who assumes all responsibilities and liabilities related to the business.

Advantages

Simplicity and low start-up costs

Setting up a sole proprietorship in Portugal requires minimal bureaucratic processes and is cost-efficient, making it an attractive option for individuals starting their entrepreneurial journey.

Full control and decision-making

As sole owner, you have full control over all aspects of your business, from operations to decision-making, ensuring quick and flexible responses to market demands.

Direct access to profits

You will be entitled to all profits generated by the company, providing a direct link between your efforts and financial rewards.

Tax benefits

A sole proprietorship is not subject to corporate income tax; instead, you report your business income and expenses in your personal income tax return, which can provide tax benefits in certain situations.

Flexibility and adaptability

As a sole trader, you have the freedom to adapt your business to changing market conditions and explore new opportunities without extensive legal processes.

Privacy

Unlike other business structures, a sole proprietorship's financial information and business transactions are not required to be disclosed.

Services

Our services

As a sole proprietorship in Portugal, you are personally liable for all business debts and liabilities. It is essential to weigh the risks and benefits of this business structure and consider factors such as the nature of your business, expected income and potential liabilities.

Company registration

Tax planning

Financial Advice

Compliance and Reporting

LLC

Limited Liability Company

A Limited Liability Company, or "Sociedade por Quotas" (Lda) in Portuguese, is a highly valued business structure in Portugal. It provides a legal entity separate from its shareholders, keeping their personal assets protected from the company's debts and liabilities. A Lda combines the advantages of a partnership and a limited liability company, making it an attractive option for companies of all sizes.

Advantages

Advantages of a Lda

Limited Liability Protection

One of the main advantages of a Lda is the limited personal liability it offers to its shareholders. Their personal assets remain separate from the company's debts, ensuring their financial security.

Operational Flexibility

A Lda in Portugal offers operational flexibility, giving the freedom to adapt the management and structure of the company to specific business needs and objectives.

Easy Establishment

Setting up a Lda in Portugal is relatively easy, with clear legal procedures and a supportive business environment that encourages entrepreneurship.

Tax benefits

Ldas in Portugal benefit from a favourable tax regime, including a participation exemption on dividends and capital gains, making it a tax-efficient option for companies.

Credibility and Trust

Being a "Lda" adds credibility to your business and strengthens your reputation when dealing with customers, suppliers and partners.

Services

Our services

Company registration

Articles of association

Tax planning and compliance

Registered Address

Bank account set-up

Portugal's strategic location, favourable tax policy and supportive business environment make it an attractive destination for entrepreneurs and investors alike. Whether you are a start-up, an established company, or a foreign company looking to expand, a Lda can provide the foundation for your business success in Portugal.

With in-depth knowledge of the Portuguese legal and business landscape, our team is dedicated to the smooth and successful establishment of your Lda. We value clear communication and transparent processes, ensuring you have a comprehensive understanding of every step of the process.