News

The Business Roundtable Portugal association (BRP), which brings together 142 business leaders, has sent an open letter to the government calling for the scrapping of the first five IRS tax [...]

Eighteen leading Portuguese and multinational companies, some of which are included in the Fortune Global 500 – such as AstraZeneca, Bayer, Fujitsu, Sanofi, and Accenture, among others – signed [...]

Portugal’s development bank Banco Português de Fomento is forming a consortium that could bring on of Europe’s five AI Gigafactories to Sines. Among the international partners is the possible [...]

Portugal is again losing ground when it comes to foreign direct investment (FDI) attraction, falling to 9th place in the EY Attractiveness Survey 2024’, being overtaken by Italy and Belgium in [...]

Portugal’s government has approved reducing VAT on construction to 6% and the creation of Build to Rent contracts with tax benefits. However, the government will put up property transfer tax or [...]

Sovos, a multinational advisory specialised in tex compliance, e-invoicing and tax reporting, has chosen Lisbon as its main European hub. The company’s Managing Director Europe, Rui Fontoura says [...]

For most of the post-war period, until the late 1990s, the typical management system was vertical and hierarchical – basically top down – an orders-based system leaving little input [...]

Akuo, the French company that was one of the winners of the first winners of the solar energy auction in Portugal, is to invest €1Bn in Portugal by 2032. Akuo is held by the French fund Ardian, [...]

IRC tax on small and medium companies and companies of average capitalisation, which is currently being discussed in parliament, should fall to 15% on the first €100,000 of taxable revenues and [...]

Portugal’s National Statistics institute (INE) revised Portugal’s growth upwards on Tuesday with the economy growing a further €6.6Bn for 2023 and 2024 in real terms. And Portugal’s economy grew [...]