Moving your business to Portugal: main types of companies

SBPSlegal | Jul 2, 2024
Moving your business to Portugal: main types of companies

When deciding to move a business abroad, it is important to understand the main differences in legal form in terms of minimum share capital and number of shareholders/partners and shareholder liability.

The main types of companies in Portugal are:

  • Private limited liability companies (Lda.) with two or more partners;
  • Single-member limited liability companies (Unipessoal, Lda.) held solely by one partner;
  • Private limited liability companies by shares (S.A.), with a minimum of five shareholders.

The table below shows the main characteristics in terms of number of partners, minimum share capital and its form, liability of shareholders, management, and (comparative) advantages.

COMPANY LEGAL FORMPRIVATE LIMITED LIABILITY COMPANIESSINGLE-MEMBER LIMITED LIABILITY COMPANIESPRIVATE LIMITED LIABILITY COMPANIES BY SHARES
Number of partners2  (at least)15  (at least)
Minimum share capital (€)€ 2€ 1€ 50,000
Capital formSharesSharesShares
Liability of shareholdersLimited to owned share*Limited to owned share*Limited to owned shares*
Management1 or more General Managers1 or more General Managers
  • Board of Directors, or Executive Board of Directors and General and Supervisory Board
  • Odd number of Directors
Advantages
  • Limited Liability 
  • Control by 2 or more Partners 
  • Minimum Share Capital of € 2
  • Limited Liability 
  • Total control by a single Partner 
  • Minimum Share Capital of € 1
  • Limited Liability 
  • Control by the major Shareholders 
  • Transfer of shares is easier 
  • Additional capital and funding are easier

* Additional liability may apply under specific circumstances.

For further information or assistance with company incorporations and with the setup of subsidiaries and branches, please contact us at geral@sbpslegal.com.

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