What are the essential documents to start a business in Portugal?
To start a business in Portugal, the mandatory documents you'll need are:
- Personal identification document: This can be a passport, citizen card (EU citizens). Each shareholder or director must provide their respective identification document, valid for at least 6 month.
- Portuguese fiscal number proof (NIF): Each shareholder and director must provide proof of their Portuguese fiscal number (NIF). Rauva can also assist in obtaining this for you.
- Proof of current address: A utility bill from the last 3 months works fine! Each shareholder and director should provide proof.
- A Portuguese address for your company. Don’t worry if you don't have one, we can get you a virtual address.
- If you live outside of the European Union, you'll need a tax representative.
A tax representative in Portugal is a mandatory requirement for non-EU residents who have financial ties or business activities in the country. This representative, who must be resident in Portugal, acts as a liaison between the non-resident individual or business and the Portuguese tax authority. Their role includes ensuring compliance with Portuguese tax laws and handling communication.
Non-EU residents starting a business or applying for a NIF (Portuguese tax identification number) typically need a fiscal representative.
In Portugal, the tax representative is not legally required to file tax returns or make tax payments on behalf of the represented party, unless a specific mandate has been granted for that purpose.
The cost for such services can vary, but they are crucial for maintaining legal and fiscal compliance. Rauva can assist in obtaining a tax representative, simplifying this aspect for non-EU clients starting a business in Portugal