Portugal corporate tax rate
Portugal corporate tax rate is 19 percent, in force since 1 Jan 2026. It was 20 percent before that. Last checked against the official source on 23 Jul 2026.
General statutory IRC rate on the taxable profit of resident companies carrying on a commercial, industrial or agricultural activity, under Article 87(1) of the Codigo do IRC.
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| Current value | 19 percent |
|---|---|
| In force from | 2026-01-01 |
| Official source | Codigo do IRC, Artigo 87.o n.o 1 (taxa geral), na redacao dada pela Lei n.o 73-A/2025, de 30 de dezembro (Orcamento do Estado para 2026), que reduziu a taxa geral de 20% para 19% com efeitos a partir de 2026 |
| Last verified | 2026-07-23 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
SERVED VALUE IS THE GENERAL MAINLAND STATUTORY NOMINAL RATE ONLY: 19%, reduced from 20% by the OE 2026 (Lei n.o 73-A/2025) as the next step of a trajectory 21% (2024) -> 20% (2025) -> 19% (2026), with a stated government goal of 17% by 2028. The effective burden is higher once surcharges are added and is deliberately NOT blended into the value. REDUCED SME RATE (taxa PME): under Art. 87(2) CIRC, small and medium enterprises and small-mid caps (qualifying under Decreto-Lei n.o 372/2007) pay a reduced rate on the FIRST tranche of taxable income - for 2026 that reduced rate is 15% on the first EUR 50,000 of materia coletavel, with 19% on the excess. DERRAMA MUNICIPAL: municipalities may levy an additional surtax of UP TO 1.5% on taxable profit (each camara municipal sets its own rate annually, some set 0%), Art. 18 of the Lei das Financas Locais. DERRAMA ESTADUAL (state surtax, Art. 87-A CIRC) on larger profits, on top of the general rate: 3% on taxable profit between EUR 1.5m and EUR 7.5m, 5% between EUR 7.5m and EUR 35m, and 9% above EUR 35m. So a large Lisbon company can face roughly 19% + 1.5% + up to 9% = ~29.5% at the margin, while a small profitable SME faces about 15-16.5% including municipal derrama - the commonly quoted Portuguese headline of 'about 21%' combined burden refers to general-rate firms plus average derrama municipal, not a single statutory rate. The autonomous regions apply lower regional IRC rates (Madeira and Azores reduce the general rate). Portugal applies the OECD Pillar Two 15% global minimum tax through the Lei n.o 41/2024 transposing the EU Directive. Access: the CIRC is consolidated on diariodarepublica.pt (detail pages flagged as returning empty bodies to automated fetching); the 19% rate and the 15%/EUR 50,000 SME tranche were confirmed against the OE 2026 law reference (Lei 73-A/2025) and the OCC OE2026 analysis.
Earlier values
| From | Value | Source |
|---|---|---|
| 2025-01-01 | 20 | Codigo do IRC, Artigo 87.o n.o 1 (taxa geral) - the general… |
| 2024-01-01 | 21 | Codigo do IRC, Artigo 87.o n.o 1 (taxa geral) - the general… |
Get it programmatically
curl https://euroref.dev/v1/pt/corporate-tax
# $0.005 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://euroref.dev/v1/pt/corporate-tax/history?from=2020-01-01
# Provenance: curl https://euroref.dev/provenance/pt/corporate-taxOther Portugal series: Policy Rate (ECB Deposit Facility Rate) · Value Added Tax (Imposto sobre o Valor Acrescentado - IVA) · VAT registration threshold · minimum wage · Public Holidays (Feriados obrigatorios) · inflation rate (CPI) · Withholding tax rates · income tax rates · Statutory social-insurance contributions · ECB main refinancing operations rate (fixed rate) · Late-payment interest (EU Late Payment Directive) · Statutory legal interest (juros legais)
The same figure elsewhere: Romania · Serbia · Slovakia · Slovenia · Spain · all 34