Registration Of An Individual Limited Liability Company (establecimento Individual De Responsabilidade Limitada, Eirl)
Estabelecimento Individual de Responsabilidade Limitada, EIRL is the simplest form for small businesses in Portugal. Estabelecimento Individual de Responsabilidade Limitada, EIRL is a legal entity that is created exclusively by one individual.
Cost of services: 800 EUR
Deadline: from 5 w. d.
The First Legal Portugal company accompanies the registration procedure of Estabelecimento Individual de Responsabilidade Limitada, EIRL, forms a set of documents, accompanies the client at all stages of EIRL registration.
For registration of Estabelecimento Individual de Responsabilidade Limitada, EIRL, it is necessary to:
- Fill out and submit a declaration on starting work at the tax office or online;
- Register with the social security service.
The main features and advantages of Estabelecimento Individual de Responsabilidade Limitada, EIRL are:
- Lack of authorized capital;
- The name may not include the name of the sphere of business or the method of its distribution;
- Has no distinction between personal assets and business assets;
- The owner is responsible for all his property that he owns.
The First Legal Portugal company also provides additional business services in Portugal:
