CONSTRUIR PORTUGAL: tax perspective
CONSTRUIR PORTUGAL: tax perspective

SBPSlegal | Aug 13, 2024

The new elected government announced a set of measures to address the housing crisis. The new housing strategy (“Construir Portugal”) aims to provide an urgent response to difficulties in buying or renting a home. In a nutshell, this proposal includes the following measures ...

Rental income: tax deductions
Rental income: tax deductions

SBPSlegal | Aug 6, 2024

The deadline to file Portuguese personal income tax returns is June 30, and in this context, several issues arise as to the deductibility, for tax purposes, for tax purposes, for landlords, regarding net rental income obtained, and for tenants, related with rents paid under resid...

My visa is being rejected: what should I do?
My visa is being rejected: what should I do?

SBPSlegal | Jul 30, 2024

Receiving a visa rejection can be disappointing and very stressful, considering that you made your plans with the expectation of a positive decision, within a specific timeline, and several preparations are surely underway. First of all, it is important to note that this rejecti...

Relocating to Portugal: D7 or D8 visa – which is best?
Relocating to Portugal: D7 or D8 visa – which is best?

SBPSlegal | Jul 15, 2024

Residence visas are meant for non-EU nationals intending to stay in Portugal for more than one year. This type of visa, valid for 4 months, grants legal entry into Portugal for the purpose of converting the visa into a residence permit valid for an initial period of two years, wi...

Moving your business to Portugal: Affiliate vs Branch
Moving your business to Portugal: Affiliate vs Branch

SBPSlegal | Jul 9, 2024

When deciding to move a business abroad, it is important to understand the main differences between an affiliate company and a branch in terms of power of direction and liability. Affiliate companies (subsidiaries) may assume the legal form of a:Private limited liability compani...

Moving your business to Portugal: main types of companies
Moving your business to Portugal: main types of companies

SBPSlegal | Jul 2, 2024

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 compan...

What is a living will?
What is a living will?

SBPSlegal | Jun 25, 2024

A Living Will or Vital Will, also known as an Advance Directive of Will, is a document in which someone states his/hers wishes about receiving medical care in a situation of inability to make or communicate decisions, allowing also for the appointment of a proxy and of one or mor...

Understanding Labour Associated Costs in Portugal
Understanding Labour Associated Costs in Portugal

SBPSlegal | Jun 18, 2024

It is important to be aware of the net salary and fringe benefits to be offered to candidates and of the total amounts involved in specific compensation packages. Minimum wages in Portugal in 2024 are €820/gross/month for a full-time job. Unlike most other countries, salar...

Insolvency: Civil vs Criminal Liability
Insolvency: Civil vs Criminal Liability

SBPSlegal | Jun 11, 2024

When directors accept their appointment, they are not ensuring the company’s economic and business success, but they are expected to fulfill their duties in compliance with the law, the company’s articles of association and the required standard of care, supervision, and loya...

Has the NHR Tax Regime come to an end?
Has the NHR Tax Regime come to an end?

SBPSlegal | Jun 4, 2024

Portugal’s Non-Habitual Resident (NHR) tax regime is undergoing significant changes, prompting questions and concerns among expats and potential residents.As of January 1, 2024, new tax residents will no longer have access to the NHR regime in its current form, except for those...

Know Your Rights: Understanding Security Deposits in Rental Agreements
Know Your Rights: Understanding Security Deposits in Rental Agreements

SBPSlegal | May 6, 2024

In the process of renting out a property, it is not uncommon for landlords to discover issues during property inspections that fall under the tenant’s responsibility. Tenants are obligated to return the property in its original condition, and if damages or anomalies are found, ...