Taxation in Portugal

Benefit from the advantageous taxation in Portugal

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Taxation in Portugal

Taxation on dependent work.

Income from foreign sources from dependent work is exempt from tax in Portugal under the following conditions:

  • That they be taxed in the State at their source in accordance with the tax convention on the elimination of double taxation concluded between Portugal and the State in question.
  • In the event of non-existence of a tax agreement, they are taxed in the State at their source and can not therefore be considered as being obtained in Portugal.
Taxation on self-employment, capital income, property income and income derived from capital gains.

Income from the exercise of the aforementioned activities as high value added or intellectual or industrial property, or the provision of information on experience gained in the industrial, commercial or scientific sector are exempt from tax in Portugal under the following conditions:

  • Income is taxed in the State at source in accordance with the double taxation convention concluded between Portugal and the State in question; or
  • Income is taxed in the state at source according to the OECD model tax treaty on income and wealth
Taxation on retirement pensions

Income from retirement pensions is exempt from tax in Portugal under the following conditions:

  • Income is taxed in the State at its source in accordance with the tax convention on the elimination of double taxation concluded between Portugal and the State in question; or
  • Revenues are not considered to be obtained in Portuguese territory.