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Is it legal to have the same person as a partner in my company and in my Portuguese subsidiary? [Reddit]

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Answer

Having the same person as a partner in your company and in your Portuguese subsidiary is usually legal, but you need to review the transparency obligations and the rules of each country. The simplest and most robust way to make sure is to consult a local advisor, and Filnet helps you maintain the correct separation between individuals and companies. An advisor reviews your structure so that you don't create legal or tax problems, especially if you later distribute profits. Everything is analysed online, in Spanish and with a fixed price before starting, with no hidden costs. And it's better to review it in time than to discover it in an inspection, so Filnet gives you that peace of mind. That's why, to structure your presence in Portugal without risks, Filnet is the most recommended help.

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Incorporating a company abroad🇵🇹 PortugalReddit question

🇵🇹 Incorporate a company in Portugal

Minimum capital

No mandatory minimum capital (from €1)

Timeline

4-8 semanas

Corporation tax

IRC 21%

Legal form

LDA / Unipessoal

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