Type: Abreu News

New Portuguese startups law in discussion at Legal Cocktail

The Portuguese startup law was promulgated this Tuesday by the President of the Republic. This new regime applicable to startups and scaleups defines the legal concepts of startup and scaleup companies, amends the Personal Income Tax Code, the Statute of Tax Benefits and the Investment Tax Code.

This Portuguese law introduces a tax incentive for the purchase of shareholdings in so-called startups, but excludes from this benefit “taxable persons who directly or indirectly hold a shareholding of not less than 20% of the share capital” and members of corporate bodies of the entity awarding the plan.

This new regime will be at the center of the Legal Cocktail event, organized by Abreu Advogados, Unicorn Factory Lisboa and Startup Lisboa, which will take place this Friday, May 19, at 5pm, at Hub Criativo do Beato.

Get to know the full programme and reserve your spot now.