• Leonel graduated with a degree in Accounting (1993) and Economics (1994) and has worked in accounting and finance since then. As well as basic accounting, his considerable experience extends to Financial Analysis & Planning, group reporting, budgeting, profit centre modelling, forecasting, cash management, business development support, auditing, tax & legal compliance, supplier negotiations, KPI control, and business strategy. Leonel speaks English fluently and has Cambridge University Certificates in English (1995) and Advanced English (1996).
      Cases completed: 51
      Testimonials for Leonel
      • Gerardo Aguilar
        Gerardo Aguilar, Porto

        All questions answered and followed up as promised.


        Oct 09, 2020
      • Lucas Fabian Olivero
        Lucas Fabian Olivero, Portugal

        Leonel was all the good characteristics that you mention, he couldn't do really more for me.


        He did what he said and solved my problem with efficiency and efficacy.


        I'm very glad to have to knew him and if needed I'll have no doubt to contact him again in the future.


        Oct 08, 2020
      • Jason Danes
        Jason Danes, Porto

        Leonel was extremely helpful at every turn. On many occasions, he was happy to spend long periods of time explaining things to me over the phone without charging any additional fees. His English is excellent, he is very friendly, and his service is great value for money.


        Aug 12, 2020
      • Kevin Cheeseman
        Kevin Cheeseman, Portugal

        Very good advice on how to manage my affairs in the most efficient way. Plus, very good knowledge of what is required to achieve that in Portugal.


        I'm very happy with Leonel's service.


        Aug 04, 2020
      • Phil Gold
        Phil Gold, Cedofeita, Porto

        I could not be more satisfied with the level of service I received from Leonel - he was great from start to finish - explaining the rules, giving me options to compare and explanations of what the variables would be, etc.


        He did lots of work in advance, which meant when I actually arrived on the ground in Portugal we were able to get my business and banking set up in one day. His preparation and follow-up saved me from an unimaginable amount of hassle. On top of all of this, he is a very nice guy, and it was a pleasure working with him.


        Leonel's fees are surprisingly low - I still think he undercharged me, which would match my impression of his overall character and commitment to providing the best experience possible. I highly recommend him to anyone who needs assistance with setting up a business in Portugal.


        Jul 27, 2020
      • Micheline Barker
        Micheline Barker, Lisbon

        Leonel had researched my topics and was up to date with his information. He listened carefully.


        Was kind and warm and put me at ease. He is reasonable with his fees and has a good level of integrity.


        Jul 21, 2020
      • Nora
        Nora, Abroad

        Leonel is absolutely professional, reliable, and friendly. He assisted me online and he was very helpful and patient.


        He answered all of my questions and provided me excellent service. I highly recommend him.


        Jun 08, 2020
      • Ricardo
        Ricardo , Portugal

        After my first communication with Leonel, I was confident that he would be an ideal agent to represent my tax and accounting needs here in Portugal.


        What I like about him most and what really stands out is his listening skills, putting me first as a person and not just an accounting book. He comes across very knowledgeable and Professionally attentive to get things sorted without an ulterior motive. What more would one need??


        Apr 22, 2020
      • Oscar Evans
        Oscar Evans, Lisbon

        As I don't speak the Portugees I have to say that Leonel have been absolutely exceptional and professional in all areas.


        Not only was he adding value to our business he also took a lot of his personal time explaining other things that have helped me and my company. I will highly recommend him to my other business partners who will open accounts in Portugal and for myself on my next ventures.


        Everything was a 5-star treatment from Leonel!


        Mar 23, 2020
      • Siamak Maleki
        Siamak Maleki, Lisbon

        Leonel was very kind, patient and helpful. Even before making sure that we will work together, he spent a lot of time explaining the situation to me.

        To improve even more, I think it would be better if you have some kind of links (web link) in which you explain Portuguese law and other useful information to the customers.


        Dec 10, 2019
      • John Vaughan-Jones
        John Vaughan-Jones, Faro

        Really appreciated Leonel's advice. He was very clear and helpful, and very efficient in getting back to me.


        Aug 01, 2019
      • Paul Rossi
        Paul Rossi, Faro

        I needed an accountant in Portugal. I had many problems to resolve.


        Leonel was very quick to assist. He is a very helpful and friendly man who got the job done for me.


        I will certainly be recommending Leonel to other non residents in Portugal. Thank you! Paul.


        Jul 05, 2019
      • Jacqueline Barron
        Jacqueline Barron, England

        I am more than happy with the service that Leonel provided to me. He was responsive, helpful and prompt and I am very grateful to him for his help. I would definitely use his accountancy service again. Thanks Leonel!


        Jan 08, 2019

Company Formation Portugal

Company Formation & Tax Service in Portugal

Given the elevated levels of bureaucracy and red-tape in Portugal, despite more recent efforts to address the issue, it makes sense to have English-speaking business and tax experts available to assist you with your business plans in Portugal – from the start-up phase through to ongoing tax-compliance and HR matters such as processing new employees and Social Security obligations.

 

Office Locations Across Portugal

As well as offices in Lisbon, accounting and associated services to our English-speaking clients are also provided via the Advocate Abroad network of offices in Portugal (red markers on main map below). Each of the lawyers on the map of Portugal below are registered and regulated by the Law Society of Portugal and so we are able to offer a truly nationwide service to English-speakers wherever they wish to set-up their business in Portugal.

 

Tax & Social Security Registration

Our tax experts will assist you to set-up your business in Portugal including company name registration, Mercantile Registry operations and bank account set-up.

 

Ltd Company Incorporation & Tax Service Features

The Limited Company Incorporation and Tax Service package provides all of the assistance you will need to get set-up and operating in the quickest time possible in Portugal, and includes the following individual services:

  • Creation of certificate of Incorporation and Registration with the Companies Registry
  • Registration of Company with the AT (Autoridade Tributária e Aduaneira – Tax Authority)
  • Registration of Company with the Portuguese Social Security system
  • Recommendation on the most appropriate fiscal arrangement to ensure taxation levels are optimised
  • Resolution of tax enquiries related to the industry sector of the company
  • Maintenance of all legally required records (income, expenses, invoicing, assets)
  • Completion and presentation of all required tax returns
  • Company annual return (abbreviated accounts: balance sheet, profit and loss statement, annual report)
  • Ongoing updates on any legislative changes affecting the area of the Company Activities

 

Fees

The cost of registration with the Portuguese Inland Revenue (Autoridade Tributária e Aduaneira) and Social Security system will vary according to the complexity of the corporate structure required, though typically a single director company will cost approx. 600 € + Notary, Commercial Registry and any associate administrative costs.

 

Ongoing Tax Compliance

In Portugal limited companies are required by law to produce annual accounts, a director’s report (which has to include a true and fair view of the company’s affairs, the business trajectory and standing, as well as a list of principal – if any – risks that the company faces, the company’s likely future outlook amongst other matters). The company is also liable for corporation tax.

Fees for this service are available upon request as it will vary according to the number of operations.

 

Additional Services

The Limited Company Incorporation and Tax Service is ideal for single person or even multi-director Limited Companies in Portugal. Should you have employees then you will want to add the Fully Managed HR & Payroll Service:

 

Fully Managed HR & Payroll Service

This service includes the following components:

  • Initial Set-up according to client’s requirements
  • Production of Employee Payslips (printed at client site)
  • Management & Payment of Employer & Employee Social Security Contributions
  • Registration and Removal of Employees from Social Security system

This service costs €25 per month for the first employee and €20 per additional employee.

All prices are ex-IVA (@ 23%).

Regulated Experts

Our consultants are registered and regulated by the local Legal or Accounting Society as appropriate and speak fluent English. Therefore, you can be sure that you will obtain timely answers to any queries you may have, in a language that you understand!