Title VIII · Final and transitional provisions

Article 537 Advance distribution of profits

Artigo 537.º · Distribuição antecipada de lucros

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

#

In applying Article 297 to companies incorporated before the entry into force of this enactment, authorisation by the articles of association is not required.

Na aplicação do artigo 297.º às sociedades constituídas antes da entrada em vigor deste diploma é dispensada a autorização pelo contrato de sociedade.

What we checked in this article

The waiver of the requirement for authorisation in the articles of association when Article 297 is applied to companies incorporated before the enactment's entry into force is retained.

Is Article 537 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