Home > Entrepreneur > How to open a business in Portugal and obtain the D2 Visa

How to open a business in Portugal and obtain the D2 Visa

Share

Starting a business in Portugal is one of the most effective ways to obtain residency or a visa to move to the country. In this complete guide, we explain how to start a business in Portugal, the requirements for the D2 Visa, and all the steps involved.

Why Choose Portugal to Start a Business?

Portugal is one of the most attractive destinations for investors and entrepreneurs due to its high quality of life, safety, and tax incentives. According to the Expat Insider 2024 ranking, Portugal was ranked as the 15th best destination for expatriates.

Additionally, the Portuguese government offers various incentives for new businesses, including funding programs and the D2 Visa for entrepreneurs.

What is the D2 Visa and How to Obtain It?

The D2 Visa is a Portuguese visa designed for entrepreneurs and freelancers who wish to invest in or establish a business in Portugal.

Key Benefits of the D2 Visa

• Open and manage a business in Portugal
• Access the Schengen Area and travel freely within Europe
• Family reunification (spouse, children, and dependents)
• Access to healthcare, education, and social benefits
• After five years of residence, you can apply for Portuguese citizenship

Changes to the Nationality Law (2024)

As of April 2024, the five-year period to obtain Portuguese citizenship starts counting from the date of the residence permit application submission, making the process faster and more accessible.

How to Open a Business in Portugal? Step-by-Step Guide

Setting up a business in Portugal is a straightforward process, especially with the support of Rauva. Here are the main steps:

1. Choose the Type of Business

The most common business structures in Portugal are:

• Sole Proprietorship with Limited Liability (Sociedade Unipessoal por Quotas) – Ideal for individual entrepreneurs
• Limited Liability Company (LDA – Sociedade por Quotas) – Suitable for businesses with multiple partners

2. Create a Business Plan

A business plan is essential for the D2 Visa and should include:

• Industry and business objectives
• Business model and financial plan
• Growth potential and economic impact

There are financial incentives available for new businesses. Programs like Linha ADN Startup, IEFP, and Business Incentive Systems offer financial support for entrepreneurs.

3. Register your business

Registering a business requires choosing a custom name or a pre-approved one. After registration, you will receive essential documents, including:

• Permanent Certificate (Certidão Permanente) – The official document confirming your company’s registration.
• Articles of Association (Pacto Social) – The contract that formalizes the company’s creation and defines its internal rules.
• Declaration of Acceptance of Management (Declaração de Aceitação da Gerência) – A document confirming the acceptance of the company’s manager.
• RCBE (Central Register of Beneficial Owners) – Identifies the final owners of the business.
• Minutes Book (Livro de Atas) – Essential for recording major company decisions.

4. Obtain Licenses and Certifications

Depending on your business sector, you may need specific licenses for industries like food, technology, construction, and healthcare.

If you are unsure where to start, Rauva provides a complete solution to help entrepreneurs create, manage, and grow their businesses by offering:

• Management tools
• A business bank account
• Access to a certified accountant

Everything you need in one place, with dedicated support.

Rauva

Begin your Business
Adventure in Portugal Today!

Start now!

Frequently Asked Questions About the D2 Visa

1. How much do I need to invest to start a business and apply for the D2 Visa?

There is no minimum investment required, but your business plan must demonstrate economic viability and the ability to generate sufficient income.

2. Can I bring my family to Portugal with the D2 Visa?

Yes. The D2 Visa allows family reunification, including your spouse, children, and other dependents.

3. How long is the D2 Visa valid for?

The initial visa is valid for 120 days and grants a two-year residence permit, which can be renewed for an additional three years. After five years, you can apply for permanent residency or Portuguese citizenship.

4. What type of business can I open?

There are no restrictions as long as your business plan shows economic impact and sustainability.

5. Do I need a business address in Portugal?

Yes, a commercial and fiscal address in Portugal is mandatory for business registration.

Why Open Your Business in Portugal?

Portugal is one of Europe’s most accessible countries for business, offering:

• Tax incentives
• Strategic location
• Access to the European market

Additionally, Portugal's startup ecosystem is growing rapidly, making it an ideal destination for entrepreneurs.

Rauva

Begin your Business
Adventure in Portugal Today!

Start now!

Ready to Start Your Business in Portugal?

If you want to establish your company in Portugal, count on Rauva.

We guide you through business creation, accounting, and financial management, ensuring you meet all legal requirements without complications.

Set up your business with Rauva today!

Share