Campilho, Silveira, Sarmento – Sociedade de Advogados RL Law Firm (CSSA) joins IR as the exclusive Commercial Law Member in Portugal

IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce João Moraes Sarmento of Campilho, Silveira, Sarmento – Sociedade de Advogados RL Law Firm (CSSA). João has joined IR as our exclusive Commercial Law Member in Portugal.   ‘ “In each client, a great cause.” Operating in different spheres of Law, […]

Philosopher, feminist, futurist… lawyer – Member Spotlight

‘He likes to employ people with compassion and experience who value a good work-life balance; not surprisingly then, the majority of his lawyers are women. The testosterone-fuelled arena of big law is anathema to João.’ João Valadas Coriel, Founder and Managing Partner – Valadas, Coriel & Associados João Valadas Coriel is an experienced trial lawyer, […]

João Valadas CorielManaging Partner, Valadas Coriel & Associados

NEW DEVELOPMENTS ON INTERNATIONAL TAX PLANNING 2018 and 2019

Jersey, Isle of Man and Uruguay are out of the OECD Blacklist The low tax jurisdictions of jersey, Isle of Man and Uruguay have been found compliant by the OECD and, therefore, have been removed from the OECD blacklist of harmful tax havens or offshore jurisdictions offering no guarantees of exchange of information and financial […]

João Valadas CorielManaging Partner, Valadas Coriel & Associados

Portugal 2018 Budget, 2% increase in corporate tax rate imposed by extreme left partners of the socialist government

Portuguese parliament has voted the increase of “derrama” by 2% for companies with profits above 35 million euros. Basic corporate tax rate is 21%, but “derrama” is an addition that can now go up to 9%, thus making the top Portuguese corporate tax rate an uncompetitive 30%. This hike was forced by the parliamentary extreme […]

João Valadas CorielManaging Partner, Valadas Coriel & Associados

Airbnb vs Landlords, lawmakers set to reduce the tax gap between short-term lets and normal leases; government official says it’s too early

Portuguese law-makers are becoming concerned by the growing diversion of apartments and houses from regular rental to short-term leases managed by Airbnb and similar services. One of the reasons is the tax advantages granted to short-term leases. The 2017 budget stipulates that only 35 per cent of touristic or short-term leases are subject to taxation, […]

João Valadas CorielManaging Partner, Valadas Coriel & Associados

RESIDENCE PERMIT FOR INVESTMENT ACTIVITIES (GOLDEN RESIDENCE PERMIT) – NEW ELIGIBLE TYPES OF INVESTMENT

On October 8, 2012, a new legal regime was introduced in Portugal allowing citizens of Third States, i.e.States that are neither members of the EU nor of the Convention that implemented the SchengenAgreement, to obtain a Portuguese residence permit, subject to said citizens making certain types ofinvestment in the country. This residence permit goes by […]

Manuel MagalhãesPartner, Sérvulo & Associados