"The Portuguese market. New developments in corporate, tax and labor matters"

Journey

Event organized by the Seines Group and AVCO Legal with the collaboration of the Hispanic-Portuguese Chamber of Commerce.

Portugal It is a fundamental market for Spanish companies of any sector, hence the need to be aware of the changes that are generated, especially after the recent presentation of the general budgets of the neighboring country, specialists have pointed this out during the Conference “The Portuguese market. New developments in corporate, tax and labor matters” organized by the Seines Group y AVCO Legal with the collaboration of Hispanic Portuguese Chamber of Commerce.

"Looking ahead to next year, some considerations are important, such as the elimination of the special payment to the account in corporate tax and the improvement of some deductions, especially the deductions of retained and reinvested profits and also what is called the tax regime. of investment support, which is the acquisition of immobilized material, both tangible and intangible," he stated. Antonio Viñal, partner of the law firm Antonio Viñal & Co. Abogados.

For Spanish companies It is essential to know these new developments that represent different advantages “that may not exist in Spain, which can allow them to develop their activity more widely in Portugal and at the same time use the Portuguese market as a platform for third markets, in particular those with the official Portuguese language such as Brazil, Angola and Mozambique" has explained Vinal.

Spain is the main trading partner of Portugal, the main destination of its exports and more than 17000 Spanish companies export to the Portuguese market according to data published by the Hispanic Portuguese Chamber of Commerce.