Establishing a Company in Portugal
The Portuguese Republic is located in the southwest of Europe, situated to the shores of the Atlantic Ocean. In addition, Portugal maintains sovereignty over two groups of Islands in the Atlantic, the Azores and Madeira. The nation’s capital is Lisbon, its spoken language is Portuguese and Catholic Christianity is the dominant religion. Portugal’s location along the coast and its control over key trade routes, helped the country become both a land and a sea-based power in the 15th and 16th centuries, with colonies in South America, Africa, and East Asia. Similarly, Portugal of the time sent out expeditions across globe led by famous explorers that discovered previously unknown marine routes. Through to the present, Portugal is known for exquisite beaches, that serve as popular tourist destinations.
In 1976 Portugal became and continues to be a democratic republic, and it has been a member of the European Union since 1986 – a significant advantage for companies seeking a entryway to the Union’s member countries.