Self-employment within the Portuguese system.
A search found no results (to my surprise - perhaps I searched wrong).
Obviously, all circumstances are specific, but does anyone know a good online resource for general guidance (preferably in English), or can anyone here give a basic lowdown? The Spanish system was never really going to be an option for myself for a few reasons, but Portugal looks very workable from what I know so far. Any people here working self-employed (as a sole trader/autonomo) in the Portuguese system who would be happy to share knowledge, give advice etc? I have found a few websites with reasonable info', but firsthand experiences are always better. My plan is to 'test the ground' for a few weeks with just my fiscal number, and then, if things work, go fully legit. Before I budget in legal fees and professional advice, I would like as many stories from personal experiences as possible. Thanks in advance if anyone has the time. |
Re: Self-employment within the Portuguese system.
You have a fiscal number.
You then must open an activity with Financas before you can starting trading/providing service, etc All invoices/receipts must now be issued via Financas portal. You will be given 12 months grace on Social Security payments on your first activity. Sounds great! Start earning a decent living and things start to go wrong. Taxes go up. You will be forced to charge IVA. Your Social Security payments will rocket. Hence the black economy. |
Re: Self-employment within the Portuguese system.
Originally Posted by TheLostPhotographer
(Post 12354920)
A search found no results (to my surprise - perhaps I searched wrong).
Obviously, all circumstances are specific, but does anyone know a good online resource for general guidance (preferably in English), or can anyone here give a basic lowdown? The Spanish system was never really going to be an option for myself for a few reasons, but Portugal looks very workable from what I know so far. Any people here working self-employed (as a sole trader/autonomo) in the Portuguese system who would be happy to share knowledge, give advice etc? I have found a few websites with reasonable info', but firsthand experiences are always better. My plan is to 'test the ground' for a few weeks with just my fiscal number, and then, if things work, go fully legit. Before I budget in legal fees and professional advice, I would like as many stories from personal experiences as possible. Thanks in advance if anyone has the time. |
Re: Self-employment within the Portuguese system.
Originally Posted by gedscottish
(Post 12357682)
Accountants are fairly priced... be 100% certain on what you're doing.
I have been collecting client business cards throughout the summer. Will speak to them. Then talk with an accountant. Then report back here. I'm just an artist - not expecting big income. In fact, I would be very happy living on equivalent to the national average salary, but I want to know how to make this happen all legitimately should I choose to do so. Thanks for the replies. |
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