António Queiroz Martins and Ana Carrilho Ribeiro write for ITR

António Queiroz Martins and Ana Carrilho Ribeiro write the opinion article "Portugal private clients series, part two: Opportunities in the sale of shares of small and micro companies".

The lawyers report opportunities on the taxation of capital gains arising from the sale of SMCs, in the hands of resident and non-resident individual shareholders.

«The Portuguese start-up and corporate landscape have been flourishing in recent years, which often leads to founders and investors needing to plan their exit in companies and investments that have matured. In such cases, Portuguese tax opportunities may be hiding in plain sight.

This article aims to highlight the beneficial tax treatment that may apply to the sale of small companies and micro-companies (SMEs) in the hands of Portuguese tax resident shareholders (and its extension, according to the most recent case law), as well as to identify opportunities that may apply to the sale of shares in such companies by individuals resident in other EU or EEA jurisdictions». 

Click here to read the article.

[The opinions expressed in this article are solely binding on the author].