LisbonGetting the Portuguese economy into competitive shape is a key point on the new Government’s agenda. Recent tax and labour law reforms have already indicated the intentions, in broad outline, of the Government that came to power last year. In tandem with an austere approach to public finance, which has already brought the public deficit down from 4.1% to less than 3%, it is to be expected that further reforms and incentives will be introduced to consolidate and boost the economy.

Tax incentives