PLACES FOR the forthcoming Doing Business in Portugal seminar being hosted by chartered accountant and tax advisor, Dr.ª Filomena Ramilo are being snapped up fast, with only a few places remaining.So, if you need help in unravelling all the Portuguese rules and regulations for registering your business and paying tax, you won’t want to miss this seminar taking place at Hotel Náutico in Armação de Pêra on November 14 from 9am until 4pm.
A panel of experts will guide you through the essentials and provide you with the best advice to maximise your profits and improve your company’s tax situation, by legally minimising tax payable.
A member of Network, the Algarve’s established association for businesswomen, Dr.a Filomena Ramilo has been advising clients in the Algarve for 15 years. Graduating in accountancy and administration 26 years ago, she first began servicing foreign companies in the Sintra area. In 1990, realising there was a lack of information available to foreign owned companies in the Algarve, concerning the Portuguese tax system and employment law, she began giving tax seminars in Vilamoura and Armação de Pêra. Due to her no-nonsense approach, easy to understand advice and useful takeaway guide, the seminars, always entitled “Doing Business in Portugal” have been met with a great response, never failing to sell-out.
“Business people are often not properly advised. They do not sit down with their accountants, who should also be tax advisers, for them to explain how to legalise their businesses in the best possible way, as well as how to legally employ their staff while enjoying the best tax benefits,” says Dr.a Filomena.
“It is very common among foreigners to declare monthly private income, which is not enough for them to justify to the government how they support themselves financially in Portugal. Either they transfer money from abroad or they buy houses, cars, pay monthly mortgages to the banks, big visa cards bills, and the net income is not enough to offset these expenses,” she continues.
Now the Portuguese inspectors will start auditing individuals, so that they can explain and confirm to the Finance Ministry whether the assets owned by individuals could have been acquired with the income declared over the years.
Dr.a Filomena will explain in the seminar how to legalise your financial status with the State. This seminar is useful for anybody who is starting a business in Portugal or who already has a business set up. Learn how to organise your business affairs according to the new laws already approved for 2006, before it is too late.
To book your place call 219 239 190 fax 219 239 199 or e-mail [email protected]. The seminar is priced at 60 euros and includes an information pack plus tea and coffee.