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Notes from the West of Europe.

Practical writing on EU company formation, tax, banking and market entry — the questions non-EU founders actually ask, answered without the fog.

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IRC
Corporate Tax

Portugal Corporate Tax 2025–2028: what the rate reduction means for international businesses

The headline IRC rate is coming down. Here's what actually changes for a non-EU-owned Portuguese company — and what doesn't.

8 min readRead
CAC
Market Entry

What customer acquisition actually costs in Europe — and what Portugal tells you about it

Why the number you budgeted is usually wrong, and how a Portuguese pilot gives you the real one before it gets expensive.

7 min readRead
MIBC
Tax Structure

The Madeira MIBC licensing window: what companies need to decide before it closes

The reduced-rate regime runs on a clock and on substance. What to weigh — and when — before committing an entity to the island.

8 min readRead
IBAN
Banking in Portugal

Opening a business bank account in Portugal as a non-resident company

The step that quietly delays the most launches. What banks actually ask for, and how to clear due diligence without losing weeks.

7 min readRead
RH
Employment

Hiring your first employee in Portugal: contracts, costs and social security

What an employee really costs beyond the salary line, the contract types that matter, and the obligations that start on day one.

8 min readRead
IVA
Tax & Compliance

VAT, VIES and selling across the EU: a practical primer for non-EU founders

B2B reverse charge, B2C thresholds and the One Stop Shop — which rule applies to which sale, and the mistakes that cost most.

8 min readRead
VISA
Residency

Residency in Portugal for founders and their teams: the routes that actually work

The permits that exist, how they interact with your company structure, and the administrative realities nobody mentions upfront.

8 min readRead
SUBSTANCE
Structuring

Substance in the EU: why the nameplate company stopped working

Banks, tax authorities and preferential regimes now all ask the same question: is anything actually happening here?

8 min readRead
PT/ES/AE
Jurisdiction Comparison

Portugal vs Spain vs UAE: choosing the right jurisdiction for your first international entity

Three popular destinations, three different problems. How to choose on fit and substance rather than on headline tax rate.

9 min readRead
Stay current

The stuff that changes, before it changes your plan.

Occasional notes on EU tax, structuring and market entry — when there's something worth telling you, not on a schedule.