Business Legal Questions Answered In Portugal - Global Professionals In Portugal - Episode 19

Carlos Tome of the Carlos Tome Law Firm gives an insight into navigating Portuguese law for business compliance. With decades of legal experience in Caldas da Rainha, he shares essential advice on everything from partnership agreements to the complexities of the Portuguese legal and tax systems. Whether you're a foreigner starting a business, handling partnerships, or needing specific legal insight, Carlos's expertise illuminates the critical steps and precautions necessary for success in Portugal.

In Portugal, registering a company involves certain fees and processes that vary depending on the business structure. Foreigners are permitted to own businesses in the country, but it's essential to check if the company is regulated, especially since some sectors have strict regulations. Understanding when to engage a business attorney versus an accountant is crucial; a business lawyer plays a key role in navigating legal complexities, including compliance and contractual agreements. Meanwhile, business insurance is vital for protecting against various risks, and its coverage depends on the specific needs and activities of the company.

Carlos discusses the intricacies of setting up and running a business in Portugal, emphasizing the importance of legal compliance and proper financial management. He highlights the necessity of having both a lawyer and an accountant to smoothly navigate the legal and tax systems, which can be particularly challenging for foreigners. Carlos also touches on the complexities of partnership agreements and the potential pitfalls of not having clear contracts, especially in scenarios involving disputes or business dissolution. His insights are crucial for anyone looking to establish a business in Portugal, ensuring they are well-prepared for the regulatory environment.

You can reach Carlos here at his firm in Caldas Da Rainha, Portugal, about an hour north of Lisbon, Carlos Tomé & Associados, https://www.carlostome.com/. Everyone in the office speaks english.

This podcast is sponsored by High Score Strategies. We provide business valuation for transactions, growth, and next step planning. We help clients win. Contact us at https://www.highscorestrategies.com or learn more on our youtube channel @yourbusinessvalue.

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#Global_Professionals_in_Portugal #Carlos_Tome #Carlos_Tome_Law_Firm #navigating_Portuguese_law #business_compliance_in_Portugal #legal_experience_in_Caldas_da_Rainha #starting_a_business_in_Portugal #foreigners_owning_businesses_in_Portugal #regulated_companies_in_Portugal #business_lawyer_in_Portugal #setting_up_a_business_in_Portugal #legal_and_tax_systems_in_Portugal #regulatory_environment_in_Portugal #cordelia_blake #high_score_strategies #lawyer_v_accountant_in_portugal

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