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What do I need to set up when having a company?

When setting up a company, there are several critical elements to establish:

Bank Account

A business bank account is essential for handling financial transactions, receiving payments, and managing company expenses. Rauva helps in opening an online business account quickly and efficiently, offering features like debit and virtual cards, and direct debit payments.


Accountant

Hiring a certified accountant is crucial for maintaining financial records, ensuring tax compliance, and providing strategic financial advice. Connect with Certified Accounting Partners through Rauva for expert financial management and tax compliance.

Please note that it is mandatory to open the activity with the certified accountant within 15 days after the company is created.


Invoicing Software

Using invoicing software streamlines your billing process, payment tracking, and financial record-keeping. Tools like InvoiceXpress, integrated with Rauva, allow you to issue and monitor certified invoices while meeting all Portuguese compliance requirements.

These components form the financial backbone of a company, ensuring smooth operations and compliance with legal and financial regulations.