Portugal Information: Low-Tax and Incentive Regimes

Portugal Tax-News.com Coverage

- 17/05/2012 Eurogroup Committed To Fiscal Consolidation
- 16/04/2012 Austria, Switzerland Unite 'In Principle' On Tax Deal
- 09/04/2012 World Economic Forum Issues Global ICT Report
- 05/04/2012 EUR800bn 'Firewall' Set In Place For Euro Zone
- 15/03/2012 EU Divided Over FTT

More Portugal Tax News »

Portugal Tax Treaty Updates from TreatyPro

Treaty Update: Uruguay - Portugal
17/5/2012
According to preliminary media reports, on May 2, 2012, Uruguay's parliament approved a law ratifying the pending DTA signed between Portugal and Uruguay.

Treaty Update: Portugal - Various
19/4/2012
Between April 13, 2012, and April 17, 2012, Portugal's legislative assembly ratified a total of eight DTA, agreements with: Qatar, signed on December 12, 2011; Japan, signed on December 19, 2011; Hong Kong, signed on March 22, 2011; Panama, signed on August 27, 2010; the United Arab Emirates, signed on January 17, 2012; Colombia, signed on August 30, 2010; Luxembourg (protocol) on September 7, 2010; and Norway, signed on March 10, 2011.

Treaty Update: Portugal - Various
5/3/2012
DTAs between Portugal and the following nations were ratified by the Portuguese parliament on February 28, 2012: Colombia; the United Arab Emirates; Hong Kong; Japan; Luxembourg; Norway; Panama; and Qatar.

More Portugal Tax Treaty Updates from TreatyPro »

Portugal Knowledge Base

NB: For a full treatment of all aspects of the low-tax regime in Madeira, see the relevant section elsewhere on this site at Madeira.

Portugal Knowledge Base

- PORTUGAL INDIVIDUAL NON-RESIDENT TAXATION
- PORTUGAL MADEIRA FREE TRADE ZONE
- PORTUGAL MADEIRAN HOLDING COMPANIES
- PORTUGAL SPECIAL CORPORATE INCOME TAX REGIMES

Topic: Lowtax.net General
Indian Resident: Want to open a trading company in Hong Kong? or UAE?
Hi,
I am from India. I buy goods from China and sell them all over the world. I would like to open a trading company abroad in Hong Kong or UAE so I can directly export from China without bringing goods into India. Can someone advise me how can i go about it? What would the tax implications be for me india. We have very strict Foreign Exchange Management Act (FEMA) here in india. By no means am i trying to evade tax, just it would just be convenient to directly export from China.Jilu81
Read Replies | Reply | Start New Thread

Topic: Lowtax.net General
Future of offshore trust industry
How are offshore Trust Companies doing recently with recent development of Obama's track down and Canada Revenue Agency's increased scrutiny. Are they declining in their clients and revenues? Are they consolidating or closing down? Respectively, are they kicking out Canadian and American clients or are they squeezed out from providing anonymous trusts and merely holding onto a fraction service capability as an asset protection device?

Is there a still future for offshore trust companies? Do you see this industry is set to decline permanently?



Read Replies | Reply | Start New Thread

Topic: Lowtax.net General
World-Check and similar
Dear Experts,

I am an expatriate doing business within legal scope in different countries of the world utilizing different IBC vehicles for international trading and one European Ltd Company with VAT registration for trading with/within E.C.
Lately I am being confronted with strange situations like bank acc/s in different places of the world where I am BO and/or signatory being closed withing short notice time or banks and revenue departments asking much more questions about supporting documents or nature of business than I am used to. Is there a chance to see whether my name or name of one of my vehicles might have gotten into 'red flag' worldwide databases?
I once heard about databases like WORLD-CHECK or similar who keep records maybe e.g. even about your unpaid speeding fines in Singapore and the Canadian immigration or bank clerk would see that and might nag you for that.

Is there a chance to get a report from these databases?
Maybe I got into such a database by mistake or by false suggestion me to be a Bad Guy?

Thank you for any help.

B R
R.Mr R
Read Replies | Reply | Start New Thread

Topic: Lowtax.net General
3 months in 4 countries
Hello. I am currently a resident of Spain, but when I stop work, I plan to spend 3 months in 4 different places (a priori Thailand, Brazil, Morocco, Florida). 3 months because this normally means you do not need much of a visa, you normally do not get to be a tax resident, ...and you don't get bored.
I assume I will have to chose a place to be a tax resident in, but my idea is that it can be a place like Panama or similar where I do not need to reside.
I understand that the pension I would get from Spain might be taxed in origin, but my money which is offshore and which would be my main source of revenue would not be taxed.

Do you think this makes sense ?

Also if you have any view on how one can organise yourself in terms of splitting the year in 4 countries, I will gladly hear it.Madrid
Read Replies | Reply | Start New Thread

Topic: Lowtax.net General
Country with no personal income tax on foreign dividends
I have business income from Norway. I currently have a Belize company which owns a UK Holding company which in turn owns the Norwegian companies. I am happy paying the corporate tax of 28% in Norway. I want to move to a country that will not charge personal income tax on any dividends that I receive from the Belize offshore company. I hold a UK passport but have never lived in the UK. Any suggestions would be greatly appreciated. Thanks
Read Replies | Reply | Start New Thread

Topic: Lowtax.net General
Where to incorporate IP company
Hi there.

I have just started a web site and getting some traction. I am based in the UK, but I am a Pakistani citizen. The web site is a social commerce network and would like the protection offered by an IP holding company.

Been looking at Bermuda and Ireland as options - any other suggestions?

Thanks.
Read Replies | Reply | Start New Thread

Topic: Lowtax.net General
What is the best jurisdiction in Europe to established an online advertsiment ecommerce business?
Hi, I am about to start a new venture focused on the selling of online adverstisement and other mídia sevices to users worldwide. Payments will be made through credit & debit cards and PayPal, among other methods and are going to be collected by companies situated in the USA and Europe. Bank accounts are going to be maintained in the local jurisdiction of the company and in the USA and other countries in the EU.This company is going to be used mainly as a revenue collection entity, with no or very small expenses.
The main shareholders/beneficiary owners of the company are permanent residents in Latin America, USA and in the Bahamas.

Best,

CarEx

Read Replies | Reply | Start New Thread

Topic: Lowtax.net General
Contract Engineer
Hi
I am planning to work within Europe as a Contract Engineer. I want to set up
a corporation that has low or zero tax and overheads and take a small salary.
Also discretion is preferred. Whats the best option ? Jersey ? Guernsey ? Other ?
Thanks. Simon
Read Replies | Reply | Start New Thread

Topic: Lowtax.net General
Music & Recording Studio Thailand
Hello, still looking for investor for Music & Multimedia Studio in Thailand/Chonburri
We are a young multimedia studio for music & video production, scoring, film music and sound design, graphic & multimedia worx founded by a musician from Austria.
Info's & new Business plan
----------------------

Здравствуйте, еще инвестора для музыки и мультимедиа студии в Таиланде / Chonburri
Мы молодая студия мультимедиа для музыкальных и видео-продукции, скоринг, музыка кино и звукового дизайна, графические и мультимедийные Worx основана музыкант из Австрии.
patyrecords@gmail.com
Read Replies | Reply | Start New Thread

Topic: Lowtax.net General
Bank for Gaming Industry / Merchant Account
I am looking for Banks / Merchant Broker or Payment Gateways for processing funds resulting from Gambling Websites.

I have several Online Gambling Companies who are constantly looking for new partners who can process funds from their large turnovers in the Gaming Industry.

Since large banks, eg Barclays, Deutsche Bank, Santander or UBS step back from processing Gambling related funds because of several reasons ( bad reputation, fraud protection and money laundry ) the need for "open minded" banks or payment gateways is enormous.

The procedure is easy and difficult at the same time: gambling sites need processing of their client payments which are done by visa / mastercard or amex.

Anybody has an idea or can help me?

Thanks in advance,
Tom
ps: emails to businesscompany@mail.comTom
Read Replies | Reply | Start New Thread