Unlock the Benefits of Tax-Free Banking with a Portuguese LDA

Are you considering expanding your business ventures to Europe? Opening a Portuguese LDA (Limited Liability Company) might be the perfect move. Not only does this offer a foothold in the European market, but it also brings the advantage of Portugal’s favorable tax environment. Our streamlined process makes it easy for you to set up your Portuguese LDA and enjoy the benefits of tax-free banking. Here’s how we can help you through each step.

Step 1: Obtaining Your fiscal number and certificate.

Before you can create a Portuguese LDA, you need to obtain a Fiscal number and certificate. This essential step can only be completed in Portugal and must be done by a registered fiscal representative – that’s where we come in. As your fiscal representative, we’ll handle all the necessary paperwork and communications. Here’s what we need from you:

Copy of Passport: Ensure it’s fully opened and shows all four corners.
Copy of a Recent Utility Bill: This serves as proof of your current address.

Once we have these documents, we’ll issue a Power of Attorney (PoA). This PoA, written in both Portuguese and English, will authorize us to obtain your Fiscal certificate on your behalf. It includes the name of the solicitor who prepared the document. Review it, sign it, and return it to us. Once received, we can secure your Fiscal certificate within approximately 4 working days.

Step 2: Forming the lda

With your Fiscal certificate in hand, we can proceed to form your Portuguese LDA. Here’s how the process unfolds:

1. Company Name and Share Allocation: Our solicitor will contact the central government to request your company registration. If you don’t have a specific company name in mind, the government will assign an available name, which can be changed later. We will also need details of shareholders and their percentage allocations. Your company must have a registered address in Portugal, typically our office address, as your fiscal representative.

2. Document Signing and Submission: Once all necessary documents are signed, they are sent back to the central government. After review, the company certificates are issued.

3. Bank Account Setup: The next step involves you traveling to Portugal to open your company bank account. This account will be essential for your company’s operations.

4. Activation: With everything in place, your Portuguese LDA can be activated and ready for trading.

understanding company structure: unipressal lda vs. lda

Unipressal LDA: If the company is 100% owned by a single shareholder, it’s referred to as a Unipressal LDA.
LDA: If there are multiple shareholders, the company will be named with the suffix LDA. Note that each shareholder must obtain a Fiscal certificate.

By following these steps, you’ll be well on your way to establishing a successful and tax-efficient business presence in Portugal. Our experienced team is here to guide you through every stage, ensuring a smooth and hassle-free process.

why choose us?

Expertise: We are well-versed in Portuguese business regulations and the specific requirements for foreign entrepreneurs.

Efficiency: Our streamlined process ensures that all steps are completed promptly and accurately.
Support: From initial setup to ongoing support, we’re here to help your business thrive.

Start your journey towards business expansion and tax-free banking today. Contact us to get started on opening your Portuguese LDA and take advantage of the numerous benefits awaiting you in Portugal.

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