Starting a Business in Portugal: 2026 Cost Overview
Get a detailed cost breakdown for starting a business in Portugal, including fees and ongoing expenses.
The exact change
VAT registration is mandatory above EUR 12,500 (services) or EUR 15,000 (goods) annual turnover. The Non-Habitual Resident (NHR) regime provides a 20% flat tax rate on Portuguese-source employment and self-employment income for qualifying new residents.
VAT registration is mandatory above the unified EUR 15,000 annual turnover threshold. The IFICI tax regime, which replaced the closed Non-Habitual Resident (NHR) regime, provides a 20% flat tax rate on Portuguese-source employment and self-employment income for qualifying new residents in research, innovation, and startup roles.
Suggested change
Corrected a fabricated split VAT threshold (EUR 12,500/15,000) to the actual unified EUR 15,000 threshold, and reworded present-tense references to the closed NHR tax regime to correctly describe the current IFICI regime that replaced it.
Why this is better
The article included an unverified split EUR 12,500/15,000 VAT threshold that does not exist (Portugal uses a single unified EUR 15,000 threshold), and described the closed NHR regime in the present tense as if still open to new applicants, rather than correctly identifying the current IFICI regime that replaced it.
More by Emir Baycan in Portugal
- Correction Business Bank Account Requirements in Portugal
- Correction Portugal Fintech Regulations: Licensing and Compliance
- Correction Payment Methods in Portugal: Full Overview
- Correction Portugal Business Laws and Compliance Requirements