Portugal is becoming an increasingly attractive destination for entrepreneurs and businesses

A growing number of entrepreneurs from the Netherlands have been integrating into our network, showcasing a strong representation in IT and sustainability domains. We understand that starting a business is more than just paperwork - it's about creating a holistic ecosystem where entrepreneurs can thrive professionally and personally.

Maybe now is the time for you to also join us?

Business Environment

The Portuguese business climate continues to demonstrate remarkable resilience, innovation, and potential for international investors and entrepreneurs, making it an appealing location for entrepreneurs looking to start a new venture or expand existing operations. The country has seen a significant shift in recent years, with more young professionals choosing Portugal to set up their businesses. 

Key Steps to Start a Business

1. Obtain a Tax Number (NIF): This is essential for any business activity in Portugal

2. Open a Bank Account: Banks will require your tax number and identification documents.

3. Choose a Business Structure:the most common types are the Limited Liability Company (Sociedade por Quotas or Lda) and the Public Limited Company (Sociedade Anónima or SA). 

Register Your Company

You can use the government's 'Company in an Hour' service (which has its drawbacks) or seek professional help for more specific requirements.

Develop a Business Plan

Outline your products/services, target market, and financial projections

Advantages and Opportunities

- Fast internet connections, ideal for remote workers
- Diverse skill sets needed across various sectors
- Lower stress lifestyle compared to Northern Europe
- Growing startup ecosystem with support for innovative projects

Challenges and Considerations

- Understanding cultural and business norms is crucial
- Building trust and networking takes time
- Initial financing may be challenging, as banks prefer established businesses

Professional Support

By joining our Chamber of Commerce you can get access to valuable market insights and networking opportunities. In addition, we can help you with a soft (professional) landing via our Fast Track program, in which we provide for recommendations of experts, such as legal, relocation, and accounting services or other.

Government Support

The Portuguese government has streamlined many processes online, from car taxes to annual tax returns. They also offer support for startups through programs like the Startup Visa.

By conducting thorough research and leveraging available resources, starting a business in Portugal can be a rewarding move, offering both professional opportunities and an enviable lifestyle in Southern Europe.

Throughout 2025, the Dutch Portuguese Chamber of Commerce (CCPH) will be helping entrepreneurs start and grow their businesses in Portugal. We will promote new initiatives in the Netherlands and offer different services to make it easier for you to set up and expand your business.