- country
- Portugal
- incentives
- Reduced corporate income tax rate of 5% applicable on taxable income until 31 December 2033 for qualifying entities. New entities can be incorporated within the IBC framework until 31 December 2026. Eligibility requires one of two pathways: (a) create 1-5 jobs within the first six months AND invest a minimum of EUR 75,000 in fixed assets over two years, OR (b) create six or more jobs within the first six months. Tax benefits are subject to annual income ceilings tied to employee count (from EUR 2,730,000 for 1-2 jobs up to EUR 205,500,000 for 100+ employees) and capped at the highest of 20.1% of annual Gross Value Added, 30.1% of annual labour costs, or 15.1% of annual turnover. The Industrial Free Trade Zone is designated for production and assembly activities.
- zone type
- free_zone