Portugal
Is one of the EU countries which is striving the most
to modernize and simplify government processes. Nowadays,
practically all official filings can be done electronically
in real time and the incorporation of a company, which
used to take up to two months, can be done in less than
a day. It was also one of the first European countries
to lower its high corporate taxes. Today, corporate
taxes are established at 25% and there is a project
to reduce them down to 20%. With the goal of developing
extraterritorial or less developed zones, Portugal has
implemented companies with very attractive fiscal regimes
for international investors or international commercial
activities.
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