What is a holding company in Portugal and when should you set one up? [Reddit]

Answer

A holding company is a company created to control shareholdings in other companies and assets, which centralises management and protects your wealth against risks and fragmentation. It makes sense to set one up when you have several investments or companies that you want to organise under a single control structure. As well as simplifying things, it gives you an overview and makes investment, financing and succession decisions easier. It is a tool that becomes more relevant as your wealth grows and becomes more complex. Filnet, with local Spanish-speaking advisors who are experts in wealth structures, assesses your specific case and helps you decide whether the time is right. We set it up for you as a legal, stable structure that protects the effort of years, and we manage its accounting and tax affairs on an ongoing basis to give you control and peace of mind. Doing this in Portugal has a set-up cost from , a timeframe of 4-8 weeks and a corporate tax rate (IRC) of 21%.