Fees and timelines in 2023


payment by instalmentIncorporation costs in Year 1 amount to €5,950 and annual company costs in Year 2 and thereafter amount to €600. The average fee per Portugal engagement amounts to €15,200, which includes company incorporation and opening a local corporate bank account and all government fees.

Different Portugal entity typesCostDraft invoice
Tax resident LLC€15,200View invoice PDF
PLC€14,850View invoice PDF
Branch of a foreign company€14,400View invoice PDF
Representative office€13,450View invoice PDF


The average Portugal company registration period is 11 weeks as outlined below:

Service LLCPLCBranchRep Office
Engagement Planning1 week1 week1 week1 week
Company incorporation period2 weeks3 weeks3 weeks3 weeks
Bank Account approval4 weeks4 weeks4 weeks4 weeks
Corporate internet banking approval3 weeks3 weeks3 weeks3 weeks
Engagement completion1 week1 week1 week1 week
Total engagement period11 weeks12 weeks12 weeks12 weeks

portugal business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Portugal, please contact our in-house country expert, Mr. Simon Guidecoq, directly:
client relationship officer - Simon
portugal global bportugal visit portugal ministry of economy government website