How do the New VAT Rules Impact My AL? Will my Airbnb / AL in Portugal need to charge VAT next year? (and what to do before 30 July 2025) Short answer: yes if you live outside the EU; maybe if you live inside it.The new rules kick-in on 1 July 2025 and come from
Essential Documents and Requirements for Starting a Business in Portugal Setting up a business in Portugal as an expat offers unique rewards and challenges. While the excitement of company formation and tax compliance is understandable….
Expanding your UK business into Portugal offers strategic advantages, especially in the post-Brexit landscape. With access to the European Single Market, attractive tax incentives, and a highly skilled workforce, Portugal is an ideal destination for international growth.
For many business owners, purchasing real estate through their company can be a strategic and rewarding investment. Whether for operational expansion, wealth-building, or employee benefits, owning property offers businesses greater control, financial stability…
A common question that we receive here at Elevate is about buying a car through their Portuguese LDA versus buying a car using their personal funds (outside of the business). For this example we’re assuming readers are looking for a “normal” 5 passenger car, not a..
If you ever get locked out of your Portuguese tax account, having your email and phone number on file can make all the difference. With these details registered, you can reset your password instantly via email instead of waiting weeks for a reset code to arrive by mail—which is sent to your legal address and
If you are considering starting a business in Portugal, you should know that it can be more complex and costly than in the US or UK. Creating an LLC in the US or a Ltd in the UK is typically cheap, easy, and requires relatively minimal maintenance. A Portugal limited liability company (called an LDA)
Running a restaurant in Porto comes with its own set of challenges — especially when it comes to understanding how VAT (IVA) works. If you’re an expat business owner in Portugal, it’s important to know how different rates apply to food, drinks, and services, so everything stays in line with local tax rules. It’s also
Running a restaurant in Lisbon comes with its own set of challenges, especially for expat business owners. One area that often causes confusion is how to apply the correct VAT (IVA) rates — something that’s essential for staying compliant with local tax rules. It’s easy to enter incorrect VAT information into a Point of Sale
Running a restaurant in Portugal presents a number of administrative and tax-related responsibilities — especially when it comes to understanding how VAT (IVA) applies to different products and services. For expat business owners, navigating these requirements can feel unfamiliar at first. One area to pay close attention to is how your till or POS system
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