News

The average corporation tax paid by companies in Portugal in 2022 increased 1.4% and stood at 20.3%. And surtaxes saw a 57.7% increase on the previous year with over 22.4% of companies bearing [...]

In the first quarter of 2024, publicly owned venture capital company Portugal Ventures invested €5.3 million in tourism start-ups as part of its campaign Call Turismo+Growth, an initiative from [...]

Paulo Maló, Portugal’s most internationally famous dentist, has been declared culpably insolvent by a court after a case filed by the bank Caixa Geral de Depósitos. It means that he is prohibited [...]

Annual productivity per inhabitant in Portugal, discounting inflation, fell last year to levels not seen since 2015 when the troika was in Portugal, according to the National Statistics [...]

Portugal has overtaken Spain and Italy to become the country in the European Union with the 2nd most precarious labour contacts. According to Eurostat, the EU’s statistics agency, in 2022 [...]

Lisbon’s ship repair yard Lisnave has posted its best results in years with €15.9 million in profits and orders in the region of €169 million. The profit for 2023 was almost double on the €7.1 [...]

A study has identified the effect Portugal’s Golden Visa has had on house prices for properties worth €500,000, inflating them by up to 60%. The study from EUTAX says that while Residency by [...]

The Portuguese digital health startup Tonic App has raised €10.85 million in a new Series A investment round. The amount raised will permit the company to reinforce its investment in AI and allow [...]

Renewables energy company Greenvolt posted a net result of €1.2 million for 2023, a fall of 92.9% according to a note sent to the Portuguese securities market commission CMVM this week. The [...]

The CEO of Caixa Geral de Depósitos, Paulo Macedo said this week that if the public bank were to be privatised, it would immediately fall into the hands of overseas shareholders because Portugal [...]