In Portugal, foreign investors have the opportunity to purchase small scale businesses that are already operating. This includes businesses such as restaurants, hotels, cafes, schools, gyms, and shops. Our company has established connections with local business owners in Portugal and can also assist with leasing a business. Before investing in a business in Portugal, it’s important to understand the Portuguese market, culture, and business environment. Our team can assist with a market survey, selecting a profitable business, identifying new business opportunities, and preparing legal documents for the purchase.

Foreigners who live and work in Portugal can also open a business bank account in the country. We can help select the best bank for your needs and assist with the process of opening an account. Most banks offer business and corporate banking options, and clients will need to complete the necessary legal documentation. This typically includes the company registration documents, the name and address of the company, Directors, and identification of the company Owner.

FAQs:

Q: Can a foreigner buy an existing business in Portugal?

A: Yes, but they must register a company within Portugal or register with the AT department in Portugal.

Q: What kind of businesses are suitable for foreigners? 

A: Agriculture, supermarkets, cafes, restaurants, grocery shops, laundry services, mobile shops, etc.

Q: What is the investment range? 

A: Starting from 5000 euros, it depends on the size and profitability of the business.

Q: Is it possible to buy a business in Portugal without registering a company? 

A: Yes, after registering with the tax authorities as an individual or registering a company in Portugal.

Q: Is language a barrier to buying a business in Portugal? 

A: No, help is available from real estate agencies, immigration services, and business consultancies.

Q: Do Portuguese banks offer loans for buying existing businesses? 

A: It depends on the buyer’s profile and the plan for the project in Portugal.

Q: Is a cash purchase allowed for buying an existing business? 

A: Yes, but not recommended.

Q: What basic documents are needed to check before buying an existing business? 

A: The owner’s status, the company’s status, financial statements, including tax and balance sheets.

Q: What is the duration of the commercial rental agreement? 

A: A minimum of 5 years and renewable.