Portuguese Tax Law

Portuguese Tax Law, NHR 2.0 & Double Taxation Planning

Moving to or investing in Portugal has important tax implications. Defesa Legal advises individuals and businesses on how to structure their affairs to minimise tax, avoid double taxation and comply with Portuguese and international rules, including FATCA and CRS reporting.

Tax Planning

Tax Services

Key Areas of Tax Advice

NHR 2.0 Regime for New Residents

Assessment of eligibility, registration and optimisation of the 10-year preferential tax regime.

Double Taxation Treaties

Guidance on application of treaties between Portugal and the US, Canada and the UK.

Personal Income Tax (IRS)

Analysis of Portuguese tax bands, worldwide income reporting and deductible expenses.

Corporate Tax (IRC)

Structuring of Portuguese and international companies to reduce tax leakage and ensure compliance.

Wealth, Inheritance & Gift Tax

Planning for cross-border families and succession.

Reporting Obligations

FATCA, CRS and other automatic exchange of information rules.

NHR 2.0

The NHR 2.0 Regime

Optimise Your Tax Position

Portugal's updated NHR 2.0 regime offers significant benefits for qualifying individuals relocating to Portugal.

20% Flat Tax

Eligible Portuguese-sourced professional income taxed at a flat 20% rate.

10-Year Duration

Benefits apply for 10 years from registration.

Foreign Income

Exemptions or reduced rates on certain foreign-sourced income.

Qualifying Professions

Engineers, IT professionals, executives, consultants and highly qualified professionals.

Treaties

Double Taxation Treaties with US, Canada & UK

Avoid Double Taxation

Portugal maintains double taxation treaties with the United States, Canada and the United Kingdom to prevent the same income from being taxed twice.

Pension Income

Treaty provisions for retirement income from your home country.

Dividends, Interest & Royalties

Reduced withholding rates and tax credits.

Employment & Self-Employment

Clear rules on where income is taxed.

Capital Gains

Treaty provisions in specific circumstances.

Our Tax Advisory Process

Step 1: Initial Tax Review

We analyse your existing income, assets, corporate structures and residency.

Step 2: Strategy Development

We recommend an optimised structure for residency, income streams and asset holding, considering both Portuguese and foreign tax rules.

Step 3: Implementation

Coordination with accountants, financial advisors and foreign tax counsel where necessary.

Step 4: Ongoing Support

Assistance with annual tax returns, treaty applications and responding to queries from the Portuguese Tax Authority.

Tax Process

FAQs

Frequently Asked Questions

Do I have to declare worldwide income in Portugal?

Yes. Portuguese tax residents must declare worldwide income, but double taxation treaties and the NHR 2.0 regime may reduce or eliminate taxation on certain foreign income.

How does the US–Portugal treaty interact with FATCA?

The US–Portugal tax treaty coordinates income taxation, while FATCA governs information reporting. We help ensure both sets of obligations are met correctly.

Can I run my business from Portugal but invoice abroad?

Yes, but the structure must be carefully planned to avoid unexpected corporate or permanent establishment issues.

Plan Your Tax Strategy in Advance

Proper tax planning before relocation or investment can save substantial amounts and reduce risk. Contact Defesa Legal to discuss your tax and double taxation strategy.