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Fees and timelines in 2024

Fees

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 types Cost Draft invoice
Tax resident LLC €15,200 View invoice PDF
PLC €14,850 View invoice PDF
Branch of a foreign company €14,400 View invoice PDF
Representative office €13,450 View invoice PDF

Other fee considerations

Timelines

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

Service LLC PLC Branch Rep Office
Engagement Planning 1 week 1 week 1 week 1 week
Company incorporation period 2 weeks 3 weeks 3 weeks 3 weeks
Bank Account approval 4 weeks 4 weeks 4 weeks 4 weeks
Corporate internet banking approval 3 weeks 3 weeks 3 weeks 3 weeks
Engagement completion 1 week 1 week 1 week 1 week
Total engagement period 11 weeks 12 weeks 12 weeks 12 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