Chapter X · Divisions of companies · Section I · Domestic divisions

Article 120 Applicable provisions

Artigo 120.º · Disposições aplicáveis

Código das Sociedades Comerciais · Decree-Law No. 262/86 · consolidated text checked 26 October 2026

#

The provisions on mergers apply to the division of companies, with the necessary adaptations.

É aplicável à cisão de sociedades, com as necessárias adaptações, o disposto relativamente à fusão.

What we checked in this article

The general cross-application of the merger provisions to divisions, with the necessary adaptations, is retained.

Is Article 120 relevant to a company you run or plan to set up?

We advise on Portuguese company law in English every day: formation, capital, members’ resolutions, managers’ liability and restructuring. A written answer and a fixed quote within one working day.

Unofficial English translation prepared by BCA Portugal for reference. Only the Portuguese text published in the Diário da República has legal force. Editorial notes are ours and are not part of the statute.

Applying the law

Portuguese company law, explained in English by the people who apply it

Reading the statute is the first step. Applying it to your articles of association, your capital and your board is where mistakes cost money. Tell us what you are deciding and we will set out the rules that apply and what it costs to get it done.

Get a quote