TAX NATIVES
GLOBAL
Portugal
Last Updated 12/11/2024
AT A GLANCE
Simplify your Portugal taxes with expert guidance. Our trusted advisors help you save big and stay fully compliant – so you can focus on growing your business…or just enjoying your life!
Connect with your advisor today with Tax Natives.
CONNECT WITH EXPERT TAX ADVISORS IN PORTUGAL
Feeling lost in Portugal’s tax system? Whether you’re an expat, retiree, investor or business owner, it can all get overwhelming without the right help – not to mention expensive.
At Tax Natives, we connect you with chartered, English-speaking advisors who specialise in Portuguese taxes, such as Golden Visa benefits and the Non-Habitual Resident (NHR) regime.
Whether you’re trying to build your business or secure your wealth, let our advisors do all the heavy lifting. Don’t let Portugal’s tax obligations hold you back, connect with your tax expert today for stress-free tax planning.
A SUMMARY OF KEY PORTUGESE TAXES
Here’s an overview of the key taxes in Portugal, including recent changes, rates, and considerations for people and businesses.
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Corporate Income Tax (IRC) – 21%, with reduced rates for small and medium-sized enterprises (SMEs).
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Personal Income Tax (IRS) – 14.5% to 48% progressive rate.
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Non-Habitual Resident (NHR) Regime – 20% rate on certain foreign-sourced income for qualifying individuals.
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Value Added Tax (VAT) – 23% standard rate, reduced for specific goods and services.
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Municipal Property Tax (IMI) – 0.3% to 0.45% annually, depending on municipality.
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Additional Municipal Property Tax (AIMI) – 0.7% on property value over €600,000. 1% over €1 million.
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Stamp Duty – 0.8% standard rate on property.
PORTUGAL TAX RATES AT A GLANCE
Stay informed about the essential tax rates in Portugal with our up-to-date summary:
| Corporate Taxes | |
|---|---|
| Corporate Income Tax (IRC) | Levied on the worldwide income of Portuguese resident companies and the Portuguese-sourced income of non-resident companies. Rates: 21% (general rate), 17% (for SMEs on the first €15,000 of taxable income) |
| Personal Taxes | |
| Personal Income Tax (IRS) | Progressive tax on worldwide income for residents and Portuguese-sourced income for non-residents. Rates: 14.5% – 48% (based on taxable income brackets). Various deductions and allowances are available. |
| Capital Gains Tax | Levied on gains from the sale of assets, including real estate and securities. Generally taxed as part of income tax at the individual’s marginal tax rate. Flat rate of 28% for non-residents on Portuguese-sourced capital gains. Certain exemptions and reduced rates may apply. |
| Stamp Duty | Levied on various transactions, including property transfers and share acquisitions. Rates vary depending on the type of transaction. |
| Municipal Property Tax (IMI) | Annual tax on the value of property owned in Portugal. Rates: 0.3% – 0.8% (depending on the location and type of property) |
| Additional Municipal Property Tax (AIMI) | Wealth tax on high-value real estate assets owned by individuals. Rates: 0.4% – 1.5% (depending on the value of the property). Applies to individuals owning real estate with a total value exceeding €600,000. |
| Inheritance and Gift Tax (IS) | Levied on inheritances and gifts received. Rate: 10% (flat-rate). Certain exemptions and reduced rates may apply depending on the relationship between the donor and recipient. |
| Indirect Taxes | |
| Value Added Tax (VAT) | Consumption tax levied on the supply of goods and services in Portugal. Rates: 23% (standard rate), 13% and 6% (reduced rates). The reduced rates apply to certain goods and services, such as food, books, and public transport. |
| Excise Duties | Levied on specific goods such as alcohol, tobacco, and fuel. Rates vary depending on the product. |
| Customs Duties | Levied on imported goods from outside the EU. Rates vary depending on the product and its origin. |
FIND YOUR TAX ADVISOR IN 3 EASY STEPS
It’s never been simpler to connect with an expert Portugal tax advisor. Just follow these three easy steps.
1. GET IN TOUCH
Tell us about your tax situation via our quick, easy form. This will help us find the right advisor for you.
2. GET MATCHED
Our intelligent matching system will connect you with your qualified tax expert based on what you tell us.
3. GET EXPERT GUIDANCE
Once matched, receive personalised advice for your situation. From compliance to tax optimisation, you’ll get everything you need.
It’s really that simple –get in touch to start now!
PERSONAL AND BUSINESS TAX SERVICES IN PORTUGAL
Our expert tax advisors will help lower your tax burden and stay compliant with Portuguese regulations. Don’t risk costly mistakes – get in touch today to make the most of your tax strategy.
PERSONAL TAX SERVICES
Portuguese tax law got you scratching your head? Need to avoid double taxation or reduce inheritance tax for future generations? Our experts have got you covered.
BRITISH ENTREPRENEURS EXPANDING TO PORTUGAL
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Income tax (IRS) – Manage your personal income tax like never before. From salaries to dividends and bonuses, our experts will help you structure your personal income most efficiently.
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Non-Habitual Resident (NHR) regime – Get expert help with your NHR application and see if you qualify for reduced taxes on foreign income and other tax benefits.
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Tax residency – Your global income tax obligations could be affected by your tax residency. Let us help you avoid unintentional tax residency and all unwanted liabilities.
BRITISH EXPATS IN PORTUGAL
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Income tax – Struggling with Portugal’s income tax rates and filing requirements? Get personalised IRS guidance to maximise deductions and guarantee compliance.
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NHR regime – Don’t miss out on the tax benefits offered by the NHR regime; let us help you tackle the application process so you can reduce the tax on your qualifying income.
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Double taxation relief – Without claiming Portugal’s treaty benefits, you risk being taxed on the same income in Portugal and the UK. Avoid this with our expert advice and maximise your take-home income.
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Capital gains tax – Selling property or assets? Don’t be blindsided by unexpected capital gains tax liabilities. Get strategic advice on planning asset sales and utilising exemptions.
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Tax residency – Don’t let residency status lead to dual tax obligations, let us help you understand the relevant criteria so you can maintain the best status possible.
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Golden Visa – Struggling to understand the residency-based tax implications of Golden Visas? Let us do the hard work so you can manage your tax status and exposure most efficiently.
BRITISH HIGH-NET-WORTH INDIVIDUALS (HNWIs) WITH PORTUGESE ASSETS
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Wealth tax (AIMI) – HWNIs with valuable real estate in Portugal may be subject to AIMI, which can affect asset returns. Let us help you reduce your AIMI liability, so you keep more of your wealth.
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Inheritance and gift tax – Estate planning for your heirs and beneficiaries can be tricky when it comes to inheritance tax. We’ll help you structure your wealth transfers and reduce tax burdens.
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Capital gains tax (CGT) – Selling property or other assets? CGT can impact your overall returns. We’ll provide tax-efficient planning on your sales to reduce liabilities.
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Double taxation – Any global investments risk double taxation on foreign income without careful planning. We’ll help keep you tax-efficient on any income from multiple jurisdictions.
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Golden Visa – Under the Golden Visa, you might be exposed to global income tax under residency laws; let’s control your tax exposure so you don’t lose out on important benefits.
CORPORATE TAX SERVICES
Overwhelmed by Portuguese corporate tax law? Need to optimise your company’s tax structure more efficiently? Our network of advisors has got the expertise you need to thrive in Portugal’s business landscape.
BRITISH ENTREPRENEURS / BUSINESS OWNERS
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Corporate income tax – Need help understanding Portugal’s IRC system? From tax rates to filing obligations, we’ll offer all the advice you need to reduce your tax burdens.
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VAT – If you’re a new business owner in Portugal, VAT registration and compliance can be tricky. We’ll help guide you through it all so you can avoid the risk of penalties.
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Incentives and grants – Many businesses in Portugal miss out on all kinds of benefits – either from lack of awareness or the complex application process. We’ll do the heavy lifting so you can lower costs.
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International tax structuring – Is your cross-border business at risk of double taxation? Your profits could be at risk! We’ll help design the most efficient structures to minimise tax burdens.
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Transfer pricing – Are transfer pricing regulations risking your compliance? Get detailed guidance from an expert advisor so you meet all regulatory standards and avoid penalties.
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Compliance and reporting – You may be at risk of errors and fines if you’re not on top of your compliance and reporting. We’ll step in to help with timely returns and accurate financial statements.
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Tax audits/disputes – Don’t let audits and tax-related disputes disrupt your operations and cost you fines. Our experts can represent you and provide support in resolving issues quickly.
BRITISH HNWIs
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International tax structuring – Don’t let cross-border tax inefficiencies lead to high liabilities and compliance risks. We’ll help design structures that align with Portugal’s tax treaties.
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Audits/disputes – You may face scrutiny from authorities if you have significant investments. We’ll provide robust representation during audits so your interests are protected.
YOUR TRUSTED PARTNER FOR PORTUGESE AND INTERNATIONAL TAX
Struggling with tricky tax matters in Portugal? Tax Natives is here to help. We’ll connect you with chartered tax advisors so you can handle any multi-jurisdictional tax problems. So, whether you’re optimising your global tax strategy or trying to structure your Portuguese business more tax efficiently, our advisors are here to help.
Get in touch now, simplify your taxes, and keep more of what you earn.
WHY CHOOSE TAX NATIVES?
Looking to simplify your tax challenges? Here’s why we can help:
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Expert network – Access an exclusive network of tax advisors who know everything about Portuguese tax law like the Golden Visa and NHR regime.
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Personalised matching – Our intelligent matching system connects you with the perfect tax advisor based on your unique situation and financial goals.
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Dedicated support – Receive ongoing support from your dedicated tax expert – your tax savings and peace of mind are our priority.
Let’s make your taxes simple and stress-free together. Connect with an expert today and take full advantage of Portugal’s tax benefits.
EXPAND YOUR REACH AND TAX EXPERTISE IN PORTUGAL
Ready to connect with more clients than ever before in Portugal? Join the Tax Natives for access to businesses and people looking for the best advisors in Portugal. If any of the following describe you, you’re a perfect fit for the Tax Natives network:
- Tax advisors and accountants in Portugal
- Lawyers and solicitors in Portugal
- Financial advisors and wealth managers
- International tax professionals with Portugal-based clients
- Tax consultants and specialists
- Accounting firms and tax practices
- Boutique tax advisory firms
- Professionals seeking Portuguese tax expertise
- Those looking to grow their client base in Portugal
- Individuals interested in cross-border tax strategies
FIND TAX ADVISORS NEAR YOU IN PORTUGAL
Looking for a tax advisor in a particular area in Portugal? Our location-based matching service helps you quickly find the right person. From Porto to Lisbon, our experts can help solve all your tax problems.
Tax experts in the region
How Tax Natives works.
Tax Natives is an international tax network that connects Explorers (taxpayer clients) with Natives (qualified and regulated tax advisers) from one jurisdiction to another.
Ask a question to get startedSTEP ONE
Select the 'Ask a question button located on the top of each page and follow through the process to compose your question
STEP TWO
Once your question is confirmed and your account is set up, navigate to your user dashboard to view the message exchange between you and your Tax Native.
STEP THREE
Each Tax Native has to accept a question from an Explorer before a conversation can begin. Once the Tax Native has accepted your question, a quote will be submitted for approval through the messaging portal.
Your Portugal tax questions answered
Get answers to the biggest tax questions our clients have so you can get the best guidance possible.
How much does tax advice cost in Portugal?
The cost of tax advice in Portugal depends on your specific situation. But don’t worry – you’ll always get clear, upfront pricing. Get in touch now to learn more about our transparent fees.
How do I find a tax advisor who specialises in my specific needs?
At Tax Natives, our intelligent matching system connects you with an advisor who specialises in your exact requirements, from property tax to corporate tax and everything in between. Connect now and get the right person for the job.
What qualifications should I look for in a Portuguese tax advisor?
Look for an advisor licensed by the Ordem dos Contabilistas Certificados (OCC). When you use Tax Natives, we make this easy, connecting you with thoroughly vetted professionals who meet the highest industry standards. Find yours today.
Can a tax advisor help me with inquiries or investigations by Portuguese tax authorities?
Absolutely. Our network of advisors includes specialists who deal with tax inquiries and investigations, so you’ll stay compliant and avoid expensive fines with their representation. Reach out now for your own expert guidance and support.
How can I get the most out of my tax advisor?
By connecting with a Tax Native, you get proactive, tailored advice that maximises savings and keeps you compliant. Regular check-ins and updates from your advisor keep you ahead of your obligations, so contact us today and get the ball rolling!
READY TO SIMPLIFY YOUR PORTUGESE TAXES?
Take back control of your taxes now. Connect with a chartered tax expert, lower your tax burden and stay compliant. Our advisors will guide you through Portgual’s tax system, so contact us now to simplify your taxes and maximise your savings!
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