Correction

Correction: Starting a Business in Portugal: 2026 Cost Overview

Corrected by Emir Baycan · Full-Stack Developer, Mobile App Builder and Web Platform Founder with expertise in SEO, automation, SaaS, AI visibility, DevOps and scalable digital products

Emir Baycan found something wrong, outdated, or unsupported on this page and proposed a fix. The publisher accepted the correction.

Role
Correction
Publisher
Corpy
Status
Accepted
Date
14 July 2026

The exact change

Before

VAT registration is mandatory above EUR 12,500 (services) or EUR 15,000 (goods) annual turnover. The Non-Habitual Resident (NHR) regime provides a 20% flat tax rate on Portuguese-source employment and self-employment income for qualifying new residents.

After

VAT registration is mandatory above the unified EUR 15,000 annual turnover threshold. The IFICI tax regime, which replaced the closed Non-Habitual Resident (NHR) regime, provides a 20% flat tax rate on Portuguese-source employment and self-employment income for qualifying new residents in research, innovation, and startup roles.

Suggested change

Corrected a fabricated split VAT threshold (EUR 12,500/15,000) to the actual unified EUR 15,000 threshold, and reworded present-tense references to the closed NHR tax regime to correctly describe the current IFICI regime that replaced it.

Why this is better

The article fabricated a split EUR 12,500/15,000 VAT threshold that does not exist (Portugal uses a single unified EUR 15,000 threshold), and described the closed NHR regime in the present tense as if still open to new applicants, rather than correctly identifying the current IFICI regime that replaced it.

How this record is verified

  • The contribution is tied to a real, identified contributor, not an anonymous byline.
  • It counts only because the publisher, Corpy, accepted it. Self-claimed work earns nothing.
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