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Company Searches International provides Business Reports on all businesses registered in Portugal and Financial Reports on all companies required to file.
Full Company Name and Address are required to undertake a search. We are unable to accept an order without at least the town the Company is registered in.
Financial Information
- We have a number of quoted company annual reports in house which may be in English.
- We can apply to a correspondent in Portugal for the profit and loss and balance sheet from a database on SA companies. These will come in English.
Business Reports
These are general company profiles based on the most up to date information available at local official registries and other sources. They are always available in English, on a three speed service.
Contents of a Business Report:
Identity, Legal Status & History
- Legal Form
- Date of Foundation
- Registration Number.
Ownership & Management
- Issued Share capital (but NOT Shareholders)
- Board of Directors
- Fiscal Council
- Ultimate Holding Company
Activities & Operations
- Number of Staff
- Activity
- SIC Code
- Any Increase in Share Capital
- Suppliers
- Mode of Payment
Financial & Public Record Information
- Turnover for latest year
- Extracts from Assets/Liabilities
A Summary & Credit Opinion
- General Opinion as to subject's ability to match its obligations.
- Any Negative Facts against Company
- Bankers
Principal Business Types
Sociedade Anonima de Responsabilidade Limitada (SA)
Corporation (public company). This must possess a minimum capital of Ecs 5 million, with 10 per cent fully paid up.
Sociedade por Quotas de Responsabilidade Limitada
Private limited company. The minimum capital requirement is set at Esc 400,000, with at least half paid up. There are no shares, the capital being subscribed in the form of
quotas, with each partner being liable for the unpaid quotas of other partners.
Company Accounts Filing Requirements
The articles of association governing a newly-formed quota company must be published in the official gazette and a Portuguese newspaper. Company records are filed with the local 'Registo Comercial'.
There are approx. 120 publicly quoted companies.
There are approx. 10,000 SA's (joint stock companies) who are obliged to file accounts.
Ltda Companies only file accounts if they meet the following requirements:-
- More than 150 employees
- Turnover equal or greater than 350 million escudos
- Assets equal or greater than 170 million escudos
If a Ltda becomes an SA there is a transitionary period of 3 years where accounts do not need to be filed.
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