Setting up a company is, generally, the first step to investing in Portugal or Malta. However, it is necessary to complete some formalities for the company to be fully operational and compliant with all legal and tax requirements.
Starting up a business as a foreigner in Portugal or Malta is a relatively quick process, as long as the legal and fiscal framework of the activity to be developed is properly prepared, and all the documentation required under the AML (prevention of money laundering and financing of international terrorism) and other regulations is gathered.
The registration of companies is done in Portugal at the Conservatória do Registo Comercial, and in Malta at the Malta Business Registry. These are the entities responsible for issuing registration certificates and other corporate documents, as well as the depositories for your company’s annual accounting records.
How to register a business with NEWCO's help?
Before you start a company, it is important to outline the framework for the activity to be developed, and all the regulatory, legal and fiscal obligations that the company will be bound by.
After validating the framework for the activity, the type of company, the intended corporate structure and the applicable tax regime, NEWCO collects, organises and processes all the documentation needed to set up your company, obtains any necessary licences and ensures compliance with all regulations.
The next steps involve the approval of the company's name, the drawing up of its memorandum of association and the application for any licences that may be necessary before taking care of the company registration process. After setting up your business, NEWCO also assists you with drawing up minutes, social security registration and all other formalities inherent to starting a business activity in Portugal or Malta.