Can A Foreigner Start A Business In Portugal?

Yes, foreigners can start a business in Portugal, however this process requires a solid business plan, proof of economic viability, and evidence of experience in the area (among other requirements).

EU Citizens

If you are an EU citizen, you need to sign up for taxes and acquire a registration certificate. There is no mandatory initial capital for individual entrepreneurs, allowing them to start working immediately with no separation between personal and business assets, although unlimited liability applies. For certain types of companies, like a Sole Proprietorship by Shares, the minimum investment is as low as €1​​​​.

Non-EU Citizens

Non-EU citizens planning to live in Portugal need to apply for a visa before starting a business. The D2 visa is a common option for entrepreneurs. This process requires a solid business plan, proof of economic viability, and evidence of experience in the area. For a Private Limited Company, the minimum investment required is €1 multiplied by the number of partners of the company.​​​​

Overall, Portugal offers a conducive environment for foreigners to start a business, with straightforward procedures and low minimum investment requirements.