The challenges of European AI regulation for the financial sector
Artificial intelligence has enormous potential for financial institutions. Therefore, in addressing its regulation, the aim is to provide a framework of legal certainty to facilitate its adoption and also to address the challenges and risks for the…
Simplification in real estate transactions in Portugal: what changes
The set of measures proposed by the Government for parliamentary approval is ambitious and bold, with a view to simplifying processes in carrying out urban development operations and executing real estate transactions. It is important to understand…
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.
Portugal: Amendments to the Sustainable Employment Commitment measure
Ordinance no. 109/2023, of April 19 was published in the Official Gazette, introducing amendments to the Sustainable Employment Commitment measure (“Compromisso Emprego Sustentável”).
2023 does not want to be a fiscal outlier for Portugal
The competitiveness of the tax system, its simplification, the ongoing study of policy solutions, the stability of legal rulings and their interpretation in line with the objective underlying their creation, in particular in the case of tax…
Decent Work Agenda in Portugal: Main changes to labor legislation come into force on May 1, 2023
Law no. 13/2023 of 3 April has been published in the Official Gazette, introducing amendments to the Labor Code, Law no. 105/2009 of 14 September (Labor Code Regulation), Decree-Law no. 66/2011 of 1 June and the Social Security Contributions Code.
Portugal: Creation and regulation of the AVANÇAR program
This program grants financial support to employers who enter open-ended employment contracts with young unemployed persons aged 35 or under.
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…
Portugal: Postponement of the deadline for the application of the contribution on plastic packaging to aluminum packaging
The application of the single-use plastic packaging contribution to aluminum or multi-material packaging with aluminum was extended from 1 September 2023 to 1 January 2024, according to the Ministerial Order no. 270/2023, of August 29.
Social Security Multilateral Convention of Portuguese Language Countries Community (“CPLP”) was approved
Decree no. 24/2023, of 25 August was published, approving the Multilateral Convention on Social Security of Portuguese Language Countries Community (“CPLP”).
Social Security Convention between Portugal and East Timor
Decree no. 21/2023, 7 August was published in the official gazette. This Decree introduced the Convention on Social Security between the Portuguese Republic and the Democratic Republic of East Timor.