Business

Portugal — Business: Limited Company (Lda) and Joint Stock Corporation (SA)

A Portuguese sociedade por quotas (Lda) needs at least two partners, the minimum value of each quota is €1, and the share capital is freely set in the company agreement (Decree-Law 33/2011); the older €5,000 minimum no longer applies. A sociedade anónima (SA) needs at least five participants and share capital of at least €50,000, with a minimum value of €0.01 per share, and shareholders must deposit at least 30% of the capital within five days of the permanent certificate. Confirm current figures in the Commercial Companies Code (arts. 201 and 276) or with a lawyer.

VerifiedGovernment / official sourceMinistério da Justiça — Capital social; Decreto-Lei 33/2011Last reviewed: 2026-10-23

Key facts

  • Lda (sociedade por quotas): at least two partners; each quota at least €1; capital freely set in the agreement (Decree-Law 33/2011).
  • SA (sociedade anónima): at least five participants and share capital of at least €50,000; minimum €0.01 per share.
  • SA shareholders deposit at least 30% of the capital within five days of the permanent certificate.
  • Confirm current figures in the Commercial Companies Code or with a lawyer.

Costs

  • Lda minimum quota: €1 per quota
  • SA minimum share capital: €50,000

Common mistakes

  • Assuming the old €5,000 minimum capital for a Lda still applies — capital is now freely set.

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