Portugal Your business
Start your business in Portugal: Condominium management
You plan to administer shared areas and building records in Portugal. The business involves collective mandates, maintenance budgets and communication with multiple owners, keeping building funds distinguishable from your own business accounts.
Let’s discuss your project
A few details to understand your business and the next step.
Bertrand Jayol receives your enquiry for an initial assessment. Referral to the partner is considered with your agreement. Privacy
01 / Your business
How you earn shapes the questions to ask
- Preparing budgets and monitoring shared expenses.
- Organising meetings and recording decisions.
- Coordinating maintenance contracts and repairs.
Make a management handover traceable
Choose a sample building and list the records to collect: contracts, balances, pending spending, decisions and contacts. Define how accounts are presented to owners and how works are approved before ordering. An urgent lift problem should not depend on documents accessible to only one person.
In your business budget, distinguish your fees from money managed for the building. Have the mandate, signing powers and applicable duties reviewed before taking over. Plan the return of records at contract end, document retention and arrangements for someone to cover your absence.
02 / Next steps for your project
Questions to prepare your application
- How many buildings and units can you support?
- Who approves spending and controls bank access?
- How will records be handed over by the previous manager?
Portugal
Before you incorporate
Registering as self-employed and incorporating a company are different routes. The choice depends on how your business actually operates. A Portuguese company alone does not determine your tax residence or the treatment of every source of income.
Information to gather
- Your country of residence and where you actually work.
- A description of the services or products you sell.
- Whether your customers are businesses or individuals, and their countries.
- Any shareholders, existing business structure and your planned timing.
Sources and references
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