shareholder limited company (Sociedade
in Portugal is suitable for large businesses possibly
with international interests. This type of company
requires a minimum of five partners and is essential for
companies who wish to have their shares listed on the
Lisbon Stock Exchange.
minimum capital required to start a
is 50,000€ and the share value must not be less than one
cent each. The procedures of incorporation of a
in Portugal are similar to that of a limited company,
though there are additional regulations and financial
commitments to be made.
30% of the share capital must be lodged in a credit
institution (usually Caixa Geral dos Depositos) before
the final registration of the Articles of Association.
financial obligations of a
shareholder are different to other limited companies in
that they are liable only for the amount contributed.
incorporation of a
is partly made in private and partly by public
subscription. The shares represent the capital of the
company and cannot be valued at less than their nominal