Opening a Bank Account

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Opening a Bank Account
Once you have obtained a NIF, a bank account needs to be opened for your company. A Portuguese bank and/or an international bank may be chosen to open a corporate bank account. In some cases, this may be performed remotely. It is suggested a Portuguese bank account is opened in order to make payments to local authorities and be able to receive refunds (if any are due) from the local tax authorities.

Obtaining a Business License
Once the bank account is open, a business license from the local council is required. iceland mobile database The company’s; articles of association, company’s certificate of incorporation, company’s NIF, and bank account details, need to be submitted.

Choose to Incorporate the Right Type of Company Structure for you
Incorporating a Portuguese company can be a complex process, but it is essential if you want to do business in Portugal.

By engaging with professionals you can ensure that your company is incorporated correctly and that you comply with all of the applicable laws and regulations.