1. What is the corporate tax in Portugal? A company registered in Portugal is subject to a standard corporate tax rate of 25% if the income is over 12,500 EUR and 12.5% for less. For an income that exceeds 2 million euros, the corporate tax rate is higher with 2.5%. 2. What is the VAT in Portugal? T ...

1. What is the VAT rate in Portugal? The standard Value Added Tax rate in Portugal is 23%, with some exceptions of 13% for restaurant services and 6% for some goods and services, mainly foodstuff. Medical and banking services are exempt from VAT. If the annual turnover of a Portuguese company is les ...

Portuguese accountants fall under the authority of the Commission of Accounting Standards, the body that regulates accounting standards and issues procedures on the basis of international standards. An accountant in Portugal must prepare financial statements that are in accordance with the National ...