Chapter III · Group relationships · Section III · Subordination agreement

Article 493 Definition

Artigo 493.º · Noção

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

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1. A company may, by agreement, subordinate the management of its own business to the direction of another company, whether or not that other company is its controlling company.

1 - Uma sociedade pode, por contrato, subordinar a gestão da sua própria actividade à direcção de uma outra sociedade, quer seja sua dominante, quer não.

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2. The directing company forms a group with all the companies directed by it under a subordination agreement and with all the companies wholly controlled by it, directly or indirectly.

2 - A sociedade directora forma um grupo com todas as sociedades por ela dirigidas, mediante contrato de subordinação, e com todas as sociedades por ela integralmente dominadas, directa ou indirectamente.

What we checked in this article

The possibility of subordination whether or not the directing company is the controlling company, and the group's extension to wholly controlled companies directly or indirectly, are retained.

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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.

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