|Population||About 10.6 million|
|Time Zone||GMT +1 (Summer Time GMT +2)|
|Currency||1 Euro (EUR) = 100 cents|
* Click here for the latest rate of exchange.
No Entry Visa for EU/EFTA nationals.
Registration Certificate (Autorização de Residência) required for EU/EFTA nationals intending to stay more than six months.
Click here for latest IATA travel requirements for Portugal.
No Work Permit for EU/EFTA nationals.
Tax: tax number (Número de Indentificação Fiscal – NIF) issued by the tax office (Finanças). A temporary fiscal number will be given until the permanent card (Cartão de Contribueinte) is issued.
Social security: social security card (Cartão de Segurança Social) issued by the Social Security Institute.
As sole trader/self-employed person (Trabalhador Por Conta Própria)
Non Residents working in Portugal for less than 183 days in any financial year are liable only for their Portuguese income.
Residents working in the country for 183 days or more are liable for their income worldwide.
Portuguese tax contributions include:
Sole traders/self-employed are exempted from social security contributions in the first year of business. From the second year, the contributions are 29.6% on a base determined by the social security authorities and calculated as 70% of the previous year’s income.
The income retention depends amongst others on the duration of the assignment, contract rate, marital status and taxation and social security agreements between Portugal and the foreign national’s country.
Please contact Access Financial for more information.