Law No. 33/2024 Update of the general IRS rates   The general IRS rates for the 1st and 2nd brackets have fallen from 13.25% to 13% and from 18% to 16.5%, respectively. The 3rd bracket falls from 23% to 22%, and the 4th bracket from 26% to 25%.  For the 5th and 6th brackets, whose rates...Read More

Law No. 32/2024 Update of the specific deductions for Category A (employment) and Category H (pension) income under IRS Specific deductions, unlike tax credits (deduções à coleta), which are general, exist for each category of income provided for in the IRS Code (Portuguese personal income tax) and correspond to a fixed or variable amount (depending...Read More

Decree-Law No. 48-A/2024 of 25 July amended the Municipal Property Transfer Tax Code (CIMT) and the Stamp Duty Code (CIS), adding an exemption from IMT and Stamp Duty (item 1.1 of the Stamp Duty General Table) for the first purchase of an urban property or autonomous unit intended exclusively for use as a primary and...Read More

Decree-Law No. 48-A/2024 of 25 July amended the Municipal Property Transfer Tax Code (CIMT) and the Stamp Duty Code (CIS), adding an exemption from IMT and Stamp Duty (item 1.1 of the Stamp Duty General Table) for the first purchase of an urban property or autonomous unit intended exclusively for use as a primary and...Read More

If you are considering renting a home, it is crucial to be well informed about the documents and procedures required. Required documentation Before signing a lease, ask the landlord for the following documents: Land registry certificate (certidão predial): to check for any charges or encumbrances, such as attachments. Property tax record (caderneta predial): detailed tax...Read More

Annual paid holiday entitlement Each year, employees are entitled to 22 working days of paid holiday relating to the work carried out in the previous year. This right is acquired on 1 January. Exchanging holiday days for financial compensation is prohibited, even with the employee’s consent. At least 20 working days of holiday must be...Read More

The Municipal Property Transfer Tax (IMT) is a significant cost when buying property. However, there are several situations in which it is possible to benefit from an exemption from this tax. Find out the main conditions for this exemption and how to apply for it. Exemptions for public interest entities Purchases made by public or...Read More

What did the Supreme Administrative Court decide? The Supreme Administrative Court requires the Agency for Integration, Migration and Asylum (AIMA) to decide on residence permit applications within three months. This decision aims to ensure the protection of applicants’ rights, freedoms and guarantees. Summons for the protection of rights, freedoms and guarantees The ruling guides residence...Read More

The Portuguese Government today approved the creation of a court dedicated exclusively to immigration and asylum matters. This decision was based on a proposal from the High Council of the Judiciary (CSM) and aims to address the legal challenges associated with immigration in Portugal in a more efficient and specialised way. The intention is for...Read More

The process of opening a company in Portugal has become increasingly simple. Find out how it works. Types of companies in Portugal In Portugal, there are several types of business structure: Sole trader (Empresário em Nome Individual) Private limited company (Sociedade por Quotas) or public limited company (Sociedade Anónima) Limited partnership (Sociedade em Comandita), sole...Read More