1. Without prejudice to the following paragraphs, the right to tax benefits is not transferable inter vivos; it is, however, transferable mortis causa if the transferee meets the conditions for the benefit, unless the benefit is of a strictly personal nature.
1 - O direito aos benefícios fiscais, sem prejuízo do disposto nos números seguintes, é intransmissível inter vivos, sendo, porém, transmissível mortis causa se se verificarem no transmissário os pressupostos do benefício, salvo se este for de natureza estritamente pessoal.
2. The right to objective tax benefits that are inseparable from the legal regime applicable to certain assets is transferable inter vivos, including benefits relating to income from bonds and government debt securities and to properties subject to the limited-rent regime.
2 - É transmissível inter vivos o direito aos benefícios fiscais objectivos que sejam indissociáveis do regime jurídico aplicável a certos bens, designadamente os que beneficiem os rendimentos de obrigações, títulos de dívida pública e os prédios sujeitos ao regime de renda limitada.
3. The right to tax benefits granted to natural or legal persons by a tax act or tax contract is likewise transferable inter vivos, with the authorisation of the Minister of Finance, provided that the transferee meets the conditions for the benefit and the protection of the public interests pursued by it is ensured.
3 - É igualmente transmissível inter vivos, mediante autorização do Ministro das Finanças, o direito aos benefícios fiscais concedidos, por acto ou contrato fiscal, a pessoas singulares ou colectivas, desde que no transmissário se verifiquem os pressupostos do benefício e fique assegurada a tutela dos interesses públicos com ele prosseguidos.
The general non-transferability inter vivos, transfer mortis causa unless strictly personal, and the two exceptions (objective benefits attached to assets; transfer with authorisation of the Minister of Finance) are retained.
We check eligibility for IFICI, the Madeira regime, the start-up and capitalisation incentives and the property benefits, prepare the registrations and claims, and model what the benefit is worth, in English. 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.