Incentives for companies investing in Portugal

Portugal channels EU and national funding to companies that invest, hire and innovate here, through grants and through tax credits. Many international investors never check. We screen the project early, before a decision is taken that makes it ineligible, and keep the legal side of the file sound through to the last compliance report.

Grants, tax credits and negotiated packages

Which instrument fits depends on the size of the investment, where in Portugal it is made, the sector, and whether it involves R&D. Calls open and close through the year, so the screen is always made against what is available at the time.

Grants and co-financing

Portugal 2030 incentive schemes

Portugal 2030 is the framework through which EU cohesion funds reach Portuguese companies. Business support runs through incentive schemes such as productive innovation, R&D, and qualification and internationalisation, with calls published under an annual plan and managed by the national competitiveness programme and the regional programmes.

Support levels depend on company size, region and project type, and most calls are competitive: a project is scored and ranked, not simply approved.

Eligibility screen first. Application and compliance work quoted in writing afterwards.

Investment in new capacity, products and processes
Company-led and co-promoted R&D projects
Calls under a published annual plan, with fixed windows
Competitive scoring, with conditions that run for years after payment
Tax credits

Tax incentives for investment and R&D

Alongside grants, the Portuguese Investment Tax Code offers tax credits against corporate income tax, including the regional investment aid regime (RFAI) for qualifying investment in eligible regions and SIFIDE II for R&D expenditure, whose rules were revised in 2026.

Tax credits are claimed through the company's tax filings rather than a call, but they carry their own conditions on the assets, the jobs and the holding period. We coordinate them with your accountants so the claim holds on audit.

Reviewed within the eligibility screen, alongside grant options.

RFAI for qualifying investment in eligible regions
SIFIDE II for R&D expenditure
Claimed through the corporate tax return
Conditions on assets, jobs and holding periods
Large investments

Contractual investment packages

Large investment projects can negotiate a tailored package of financial and tax incentives with the Portuguese state, through the investment agency, under the contractual investment regime. The outcome is an investment contract with targets and consequences.

That contract is a negotiated legal document before it is a grant. We act on the company side in the negotiation and on the obligations that follow.

Quoted per project after scoping.

Negotiated through the Portuguese investment agency
Combination of financial support and tax benefits
Investment, job and timing targets written into the contract
Clawback if the targets are not met

Two points worth knowing before you commit. As a rule, incentive schemes require the investment not to have started before the application is submitted, so signing orders or contracts too early can cost the funding. And no adviser can guarantee an award: calls are competitive and budgets are finite. What we can do is tell you early whether the project fits, and make sure the legal side does not become the reason it fails.

The legal side of an incentive file

01

Eligibility screening

We map the planned investment against the instruments open at the time, and tell you plainly whether an application is worth the effort.

02

Structure and application

The right vehicle, a clean corporate and tax standing, and the legal documentation behind the application. Where a call requires a detailed economic study, we work alongside incentive specialists so both sides of the file match.

03

Contract and compliance

Review of the incentive contract, and the corporate side of the obligations that follow, so the funding is not reduced or clawed back.

Who works on your matter

Led by our managing partner, staffed for the matter

Every engagement is led by our managing partner, who stays your point of contact from scoping to closing. Around that lead, we bring in senior Portuguese lawyers selected for what the matter actually needs, drawn from a network of practitioners who trained at leading firms: tax, public funding, employment, regulatory or real estate.

The team is sized to the work, not the other way round. You see who is involved and what each person does in the engagement letter, and you still deal with one firm, one fee and one line of responsibility.

One lead lawyer and one point of contact throughout
Senior specialists added only where the matter calls for them
Everyone involved named in the engagement letter
One engagement and one fee structure, agreed upfront

Check the project before you commit to it

An advisory session is usually enough to know whether an incentive is realistic, and what must not happen before the application.

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