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Looking into setting up a company and moving to Portugal


Posts: 1
Community Member
Topic starter
(@mikem12)
New Member
Joined: 3 months ago

Hi everyone!

New member here, I am looking at setting up a blockchain company in Portugal in a month or two. I have a few questions about the process and I was wondering if I could get answers here or someone could point to professionals that could help me set up our company in Portugal.

1.Is it possible to register a company and open a corporate banking account in Portugal without physically being there? Either through an agent or on our own.

2.We will have initial funding in crypto that would need to be exchanged to Euros and deposited in the corporate bank account. How would that be taxed?

3.We will be launching a token, which would count as a security, how would that work regulations wise.

4.Profits from the token sale would need to exchanged to Euros to pay our developers and staff, it would be paid out from the corporate bank account, how would that be taxed?

5. Approximate time needed for all of this.

Thanks for advance!

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