Portugal Company Formation Requirements

The company requires one director and one shareholder of any nationality residing in any country. A corporation may serve as a shareholder, and there is no minimum share capital requirement. Director names are a matter of public record, and companies must have a local office and a VAT registration number.

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The Articles of Association and documentation relating to the sale of shares require notarisation and the founding members must appear before the notary to establish their identities. The company must also have a local bank account. Note that a power of attorney can substitute a personal visit, but to open a bank account you must do so in person.

The Portugal company formation requirements are:

  • The Articles of Association 
  • Documents pertaining to selling shares
  • Proposed company name with two alternate choices
  • Report on asset participation from an official auditor 
  • Statement of primary activity
  • Tax registration card
  • Registry deed to be filed with the Public Registry and Notary Office
  • Taxes, which include government fees and a franchise tax
  • Identity documents for the provisional collective person 
  • Identity papers for signing identities
  • Certification of the company
  • Company registration and renewal fees
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