Your Business Account in Portugal 🇵🇹

Individuals residing and employed in Portugal, including foreign investors, have the option to open a bank account in the country. Most banks in Portugal provide business and corporate banking services for those seeking to open a business bank account in the country.

The level of difficulty in opening a business bank account in Portugal can vary depending on factors such as the chosen bank and the specific requirements of the business. Generally, the process may involve providing necessary documentation, meeting financial requirements, demonstrating the legitimacy of the business, and fulfilling any additional criteria set by the bank. It is recommended to consult with specific banks for detailed information and assistance in navigating the process.

Yes, it is possible to open a Portuguese business bank account online. Some banks in Portugal offer remote account opening services that allow you to complete the account opening process electronically, providing the required documentation and fulfilling any additional requirements specified by the bank, all through online channels.

The time it takes to open a business account in Portugal can vary depending on the bank and the specific requirements. Generally, it may take a few weeks to complete the necessary paperwork, provide the required documents, and fulfil any additional bank-specific procedures.