Portugal
Southern Europe · PT · 78 treaties
What are the main tax rates in Portugal?
Portugal's top personal income tax rate is 48%, corporate tax is 21%, and the standard VAT rate is 23%.
Tax profile
| Corporate income tax | 21% |
| Withholding — dividends | 25% |
| Withholding — interest | 25% |
| Withholding — royalties | 25% |
| VAT / GST (standard) | 23% |
| Personal income (top rate) | 48% |
| Capital gains | 28% |
| Tax system | Worldwide |
| Residency threshold | 183 days |
| Exit / departure tax | Yes |
| CFC rules | Yes |
| Transfer pricing | Strict |
| Digital nomad visa | Digital Nomad Visa (D8) |
| Digital services tax | n/a |
| Global minimum tax (Pillar 2) | Implemented |
Common questions
- How long does it take to become a tax resident in Portugal?
- You become a tax resident in Portugal after spending 183 days in the country.
- Does Portugal have a Golden Visa program?
- Yes, Portugal offers a Golden Visa program with a minimum investment of $270,000 USD.
- How are capital gains taxed in Portugal?
- Capital gains are taxed at a rate of 28% in Portugal.
Tax residency
ModerateWhat makes you a tax resident — and how hard it is to stop being one.
- Presence in Portugal for more than 183 days, consecutive or not, in any 12‑month period starting or ending in the calendar year concerned
- Having in Portugal, on any day of the relevant 12‑month period, a home under circumstances implying the intention to keep and occupy it as a permanent/habitual residence, even if present for fewer than 183 days
- Being, on 31 December, a crew member of a ship or aircraft operated by an entity resident in Portugal
- Performing public functions or commissions abroad in the service of the Portuguese State
- Being a Portuguese national who moves tax residence to a country/territory/region with a clearly more favourable tax regime on Portugal’s official list, in which case they are still treated as Portuguese tax resident in the year of the move and the four subsequent years unless they prove the move is for a valid reason
Ceasing residency is in principle from the last day of stay, but Portuguese nationals moving to listed low‑tax jurisdictions can remain deemed residents for up to five years unless they prove valid reasons for the move, which makes cleanly leaving somewhat harder in those cases.
Source: Autoridade Tributária e Aduaneira (Portuguese Tax and Customs Authority)
Tax treaty network (93)
In-force double-tax treaty partners. Treaty-reduced withholding (dividends / interest / royalties) shown where the official source publishes a rate; otherwise the country's statutory rate applies unless the treaty text provides a reduction.
| Partner | Div | Int | Roy |
|---|---|---|---|
| Albania | — | — | — |
| Germany | 15% | 15% | 10% |
| Saudi Arabia | 10% | 10% | 8% |
| Algeria | 15% | 15% | 10% |
| Argentina | — | — | — |
| Australia | — | — | — |
| Austria | 15% | 10% | 10% |
| Azerbaijan | — | — | — |
| Bahrain | 15% | 10% | 5% |
| Belarus | — | — | — |
| Belgium | 15% | 15% | 10% |
| Brazil | 15% | 15% | 15% |
| Bulgaria | 15% | 10% | 10% |
| Cabo Verde | 10% | 10% | 10% |
| Canada | 15% | 10% | 10% |
| Chile | 15% | 15% | 10% |
| China | 10% | 10% | 10% |
| Cyprus | 10% | 10% | 10% |
| South Korea | 15% | 15% | 10% |
| Croatia | 10% | 10% | 10% |
| Denmark | 10% | 10% | 10% |
| United Arab Emirates | 15% | 10% | 5% |
| Slovakia | 15% | 10% | 10% |
| Slovenia | 15% | 10% | 5% |
| Spain | 15% | 15% | 5% |
| United States of America | 15% | 10% | 10% |
| Estonia | 10% | 10% | 10% |
| Philippines | — | — | — |
| Finland | — | — | — |
| France | 15% | 12% | 5% |
| Georgia | 10% | 10% | 5% |
| Greece | 15% | 15% | 10% |
| Netherlands | 10% | 10% | 10% |
| Hong Kong S.A.R. | 10% | 10% | 5% |
| Hungary | 15% | 10% | 10% |
| India | 15% | 10% | 10% |
| Indonesia | 10% | 10% | 10% |
| Ireland | 15% | 15% | 10% |
| Israel | 15% | 10% | 10% |
| Italy | 15% | 15% | 12% |
| Jordan | — | — | — |
| Kazakhstan | — | — | — |
| Kuwait | 10% | 10% | 10% |
| Latvia | 10% | 10% | 10% |
| Lithuania | 10% | 10% | 10% |
| Luxembourg | 15% | 15% | 10% |
| North Macedonia | — | — | — |
| Malta | 15% | 10% | 10% |
| Morocco | 15% | 12% | 10% |
| Mauritius | — | — | — |
| Mexico | 10% | 10% | 10% |
| Moldova | 10% | 10% | 8% |
| Montenegro | 10% | 10% | 10% |
| Mozambique | 10% | 10% | 10% |
| Norway | 15% | 10% | 10% |
| Pakistan | 15% | 10% | 10% |
| Panama | 15% | 10% | 10% |
| Peru | 15% | 15% | 15% |
| Poland | 15% | 10% | 10% |
| Qatar | 10% | 10% | 10% |
| Kenya | 10% | 10% | 10% |
| United Kingdom | 15% | 10% | 5% |
| Czechia | 15% | 10% | 10% |
| Romania | 15% | 10% | 10% |
| Russia | 15% | 10% | 10% |
| Republic of Serbia | — | — | — |
| Singapore | 10% | 10% | 10% |
| Sweden | — | — | — |
| Switzerland | 15% | 10% | 5% |
| Thailand | — | — | — |
| Tunisia | 15% | 15% | 10% |
| Turkey | 15% | 15% | 10% |
| United Republic of Tanzania | — | — | — |
| Ukraine | 15% | 10% | 10% |
| Uruguay | 10% | 10% | 10% |
| Venezuela | 10% | 10% | 12% |
| Vietnam | 15% | 10% | 10% |
| South Africa | 15% | 10% | 10% |
| Andorra | 15% | 10% | 5% |
| Angola | 15% | 10% | 8% |
| Barbados | 15% | 10% | 5% |
| Colombia | 10% | 10% | 10% |
| Cuba | 10% | 10% | 5% |
| East Timor | 10% | 10% | 10% |
| Ethiopia | 10% | 10% | 5% |
| Guinea-Bissau | 10% | 10% | 10% |
| Iceland | 15% | 10% | 10% |
| Ivory Coast | 10% | 10% | 5% |
| Japan | 10% | 10% | 5% |
| Macao S.A.R | 10% | 10% | 10% |
| Oman | 15% | 10% | 8% |
| San Marino | 15% | 10% | 10% |
| Senegal | 10% | 10% | 10% |