Portugal

Garrigues

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  • Portugal implements EU medical device regulation

    Portugal enforces Regulation (EU) 2017/745 on medical devices with Decree-Law no. 29/2024. This legislation covers rules for economic operators, healthcare institutions, and activities related to medical devices, ensuring compliance and public health protection.

  • Deadline for submitting the annual CIT return (Modelo 22 form) extended to 15th July

    The outgoing Secretary of State for Tax Affairs issued, on the 14th, the Dispatch no. 176/2024 - XXIII extending the deadline for submitting the 2023 CIT return (Modelo 22) from 31 May to 15 July 2024.

  • Portugal: PTA has decided that Advance Pricing Agreements are the suitable mechanism to determine the transfer pricing method and the arm's lengh pricing, under intragroup service agreements

    The Portuguese Tax Authorities (PTA) decided, in the context of a Binding Information Request (PIV) –Case no. 22442–, that this is not the appropriated approach for determining the transfer pricing method nor the arm’s length pricing between related parties under an intragroup service agreement. Instead, PTA considered that entering into an Advance Pricing Agreement (APA) is the suitable mechanism for these cases.

  • Annual Salary Bonus approved for bachelors and masters working in Portugal

    The Salary Bonus has an annual value of between 697 euro (years for bachelor's degree) and 1,500 euro (years for master's degree) and will be paid to those who have these academic degrees and for the number of years equivalent to the ones needed to complete them.

  • Portugal launches international public tender for the first phase of the Lisbon to Oporto High-Speed Railway Line

    The Government of Portugal has authorized the opening of a public tender for the concession. This project, part of the National Railway Plan and the National Investment Program 2030, aims to promote decarbonization and improve the capacity of national railway channels. The concession contract has a duration of 30 years.

  • NPLs in Spain, Portugal and Latin America: more selective deals and increasing activity in secondary markets and debt servicing industry

    In the first three quarters of 2023, we saw investors adopting a more selective and specialized approach in their NPL investments, increasing their appetite for unlikely-to-pay (UTP) and reperforming loans (RPLs).

  • The Global IP Awards name Garrigues Firm of the Year in Portugal

    The specialized publications Intellectual Asset Management (IAM) and World Trademark Review (WTR) have recognized the Garrigues IP team in Portugal for the second time.

  • Portugal: Temporary solidarity contributions on the energy and food distribution sectors

    The forms for reporting the temporary solidarity contributions (CST) on the energy sector (Model 59) and the food distribution sector (Model 60) and the respective filling instructions, were approved by Ministerial Order no. 281/2023, of 13 September.

  • João Lima Cluny joins Garrigues to head the criminal law practice in Portugal

    With more than 15 years’ experience, João Lima Cluny is a respected lawyer in the field of economic criminal law where he has participated in some of Portugal’s most significant criminal proceedings in recent years.

  • Portugal: Decent Work Agenda New Regulation

    The Decent Work Agenda consists of a reform of labour relations that includes measures to improve working conditions and, simultaneously, facilitate the conciliation of employees' professional and family life.