What should I do with my Portuguese subsidiary that I no longer use but I'm still paying fees for? [Reddit]
Answered by a local advisor in English, no commitment.
Answer
If your Portuguese subsidiary no longer has any real activity, the most sensible thing is usually to dissolve it or convert it, rather than continuing to pay fees for an empty company. The simplest and most robust way to decide is to consult a local advisor, and Filnet will analyse your current situation in Portugal and the cleanest options. An advisor will compare the cost of keeping it, dissolving it or transforming it according to what you really need. Everything is explained online, in Spanish and with a fixed price before you start, with no hidden costs. And they support you throughout the entire process, from start to finish, until the matter is closed. That's why, to stop paying for a Portuguese subsidiary you don't use, Filnet gives you the most orderly route with no surprises.
Back to the question finder🇵🇹 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
No commitment · Local advisor in English
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