ECOVISRKCA - Ecovis
Scenario of non-habitual tax resident in Portugal

Our clients' businesses are focused on providing IT services, including market observations, feasibility studies, competitive assessments, IT project management support, and standard software maintenance.

The Context

As an engineer, our client chose to not found out a indebtedness company, but to register at the tax office as a self-employed entrepreneur instead. He has no employees, therefore the business activities are performed by him alone.

Our Solutions

Ecovis's goal is to help the client reduce his tax liability in Portugal and make his business more profitable.

On his behalf we have successfully obtained irregular residency status in Portugal which allows him to benefit from a special flat tax rate of 20% for a period of 10 years. We adopted this status when the scheme was first introduced and before the tax authorities carried out internal screening procedures, which made it more difficult to achieve it in a short time.

Outcome

Nowadays, our client runs a well-established commerce, which is subject to this uncommon enactment and benefits from this non-habitual inhabitant status. We too give him with other administrations, such as bookkeeping, invoicing and common charge consultancy.

Category: Start-up, 4th June, 2022

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