Chapter IX · Dissolution of the company

Article 270 Dissolution of the company

Artigo 270.º · Dissolução da sociedade

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

#

1. A resolution to dissolve the company must be adopted by a majority of three quarters of the votes corresponding to the share capital, unless the articles of association require a higher majority or other requirements.

1 - A deliberação de dissolução da sociedade deve ser tomada por maioria de três quartos dos votos correspondentes ao capital social, a não ser que o contrato exija maioria mais elevada ou outros requisitos.

#

2. The mere will of a member or members, where not expressed in the resolution provided for in the preceding paragraph, cannot constitute a ground for dissolution under the articles of association.

2 - A simples vontade de sócio ou sócios, quando não manifestada na deliberação prevista no número anterior, não pode constituir causa contratual de dissolução.

What we checked in this article

The three-quarters majority (subject to a higher majority or other contractual requirements) and the bar on making the mere will of members a contractual ground for dissolution are retained.

Is Article 270 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