Portugal Company Formations

Portugal Company Incorporation

The principal form of limited liability company is the Sociedade por Quotas - Lda. This is the most common formation in Portugal for both foreign and national investors.

Portugal Sociedade por Quotas (Lda) Company Formation

  • Obtaining the Certificate of Approval of your company's name from the National Registry of Collective Persons
  • Obtain from the RNPC the identification card of company
  • Sign the deed of incorporation in the presence of a notary public
  • Registration at commercial registry
  • Public announcement in national newspaper
  • Drafting and signing the Statutes
  • Appointing our Public Registered Accountant – to complete and sign the declaration of Start of Activity
  • Government fees
  • Preparation of Company Registration Forms
  • Filing documents with The Companies Registry
  • Appointment of Directors
  • All documents and certificates supplied in a professional folder
  • Delivery of documents by FedEx / DHL

Portugal - Lda Company Incorporation

To start incorporating your company in Portugal we require the following:

  • Your proposed Company Name
  • The Director/s full name, date of birth, address and nationality
  • The Shareholder/s full name and address

Incorporating your Portuguese Lda

First we obtain the Certificate of Approval from the National Registry of Collective Persons (RNPC) for your proposed company name. You will need to sign the deed of Incorporation or Association in the presence of a notary after the finalisation of the Articles of Association. (If you cannot visit Portugal to sign documents a Power of Attorney can be organised to sign documents on your behalf).

Then we file the declaration of commencement of activities with the local tax office and register at the commercial registry (Conservatória do Registo Comercial) and the regional Social Security Office.

The Memorandum of Association will be published in the official gazette Diário da República. The Conservatória do Registo Comercial which will also ensure the final registration with the RNPC and its publication in a national newspaper. Lastly the company will be registered at the Department for Trade & Competition or at the corresponding Regional Directorate of the Ministry of Economy.


  • Directors may be of any nationality
  • Only one director is required
  • Names of directors do appear in public records


  • Shareholders may be of any nationality
  • Only one shareholder is required, who may be the same person as the director
  • The shareholder can be a person or a corporation

Share Capital

For private limited companies, the minimum share capital is €1.

European VAT number

Portugal allows a new company to obtain an European VAT number, as soon as they start trading. The number also appears on the VIES register, so allows your company to not charge VAT on invoices, with companies outside Portugal

Registered Office

All Portuguese businesses need a registered office where the authorities can send official letters and claims, as well as where control of the tax forms is executed. All financial and fiscal documents, registers, company papers etc. must be kept at the registered office of the business. We can provide a registered office, if you have no physical presence in Portugal.

Timescale to Incorporate in Portugal

It normally takes 2 weeks to incorporate your company.

Traveling to Portugal is recommended for notarisation purposes. When incorporating your company, the Articles of Association as well as the Sale and Transfer agreement of shares must be notarised. The founders of a company must prove their identity before a notary with valid ID documents. Also, it is necessary for your company to open a bank account (a Portuguese bank is recommended) which is also easier to do in person.

However, it is also possible to be represented by a power of attorney. We then represent you as founder and/or shareholder before the notary.

Private Limited Company - Lda

Members of a Sociedade por Quotas - Lda have quotas, rather than shares, and the quotas are described in the Articles of Association. Quotas can be transferred only by public deed. An Lda requires in general two shareholders, however the incorporating of private limited companies with a single shareholder is also permitted.

Main features:

  • There are no restrictions on the percentage of foreign ownership allowed in a Portuguese company - therefore, it is possible to incorporate a company which is totally owned by non-residents whether corporate or individual.
  • A company can be formed by a single person who can be both the sole director and the sole shareholder. If this is the case, the company needs to include the word 'unipessoal' in its title.

Company Name

The corporate name must reflect the activities that the company intends to perform and cannot be misleading regarding the activities it proposes to undertake.

After the approval of the corporate name the Registry will issue a certificate of registration together with a provisional tax registration card.

Ask System Day
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Portugal fees to Incorporate
  • Time - 2 weeks to incorporate your Portugal company
  • Company Formation - £2240
  • Registered Office fee - £680
Portugal Advantages
  • Directors - only 1 director of any nationality is necessary for your company
  • Shareholders - only 1 shareholder is required
  • Shareholders - may be an individual or corporation
  • Share Capital - there is a minimum share capital of €1
  • Registered Office - your company requires a registered office in Portugal, which we can provide
  • Support - using our 20 years experience we guide you throughout every step of the company formation process