Business Operations in Portugal (Portfolio 977)
At a glance
I. Portugal — An Overview
II. Operating a Business in Portugal
III. Forms of Doing Business in Portugal
IV. Main Taxes
V. Taxation of Domestic Corporations
VI. Taxation of Nonresident Entities
VII. Taxation of Permanent Establishments
VIII. Taxation of Partnerships and Other Business Entities
IX. Taxation of Resident Individuals
X. Taxation of Nonresident Individuals
XI. Inheritance and Gift Tax
XII. Value Added Tax
XIII. Other Taxes on Transactions and Services and Local Taxes
XIV. Transfer Pricing
XV. Anti-abuse Provisions and Special Provisions Relating to Multinational Corporations
XVI. Avoidance of Double Taxation
XVII. Tax Procedures
Abstract
The Portfolio analyzes in detail the statutory and procedural framework of foreign investments in Portugal, as well as the general aspects of corporate law that may help a foreign investor to choose the best investment structure.The Portfolio also provides a detailed analysis of the Portuguese income tax as it applies to individuals, corporations, and partnership-like entities. It also discusses the value added tax, stamp tax, real property transfer tax, real property tax, social security contributions and other taxes on transactions and services as well as local and regional taxes.
In addition to the discussion of Portugal's tax treaties contained in the Detailed Analysis, a comparative table of the withholding rates provided for in the tax treaties is contained in the Worksheets, as is the text of the Portugal-United States tax treaty.