| I have had my eye on Portugal for a number of years, but there are a few things that seem less than ideal. * Cost of living for a good quality of life still being relatively high or rising, especially in Lisbon and other tourist/expat areas. And a second tier city in Portugal is much less of a clear choice since that is comparable to a lot more places. * The tax system being very complicated. One can always argue about how much tax to pay, but few people want a complicated tax system, especially not as a foreigner. (And is usually an indication that other systems are complicated as well). * The tech scene not really happening. Despite the usual "next Silicon Valley" it doesn't really stand out from anywhere else as far as I can tell. There might certainly be things I don't see, but at least initially it doesn't seem like Portugal rise above the competition to the extent that you wouldn't have to consider quite a few other options. |
As I've said in another comment, IRS is literally filling out an online app for 5 minutes - and all relevant entries are already pre-filled. It's very easy and simple.
As for companies, my girlfriend works at a company run by two Germans and they basically hire an accountant to do the paperwork every year. It's pretty cheap. For a larger company, you'd have to hire a local to do the accounting, though.
Maybe I'm missing something because I don't run my own company, bear in mind that hiring freelancers is cheap here.