International arbitration in Portugal is governed by the Voluntary Arbitration Act (Law No. 63/2011 of 14 December 2011), which entered into force on 14 March 2012 (the "Arbitration Act").

On 23 February, Banco Nacional de Angola (BNA) published Notice 3/26. This notice regulates corporate governance and the internal control system, defining the minimum standards...

The Resolution approves the National Rail Plan and determines that Infraestruturas de Portugal, S.A. will carry out an evaluation of priority rail investments...

Portugal is still perceived as a frustrating country to start a business. The bureaucracy associated together with some difficulty in accessing complete and credible information contribute to this generalised idea.

Foi publicado em Diário da República, no passado dia 25 de setembro, o Decreto-Lei n.º 123/2017, previsto no artigo 3.º da Lei n.º 15/2017, de 3 de maio, que veio instituir a proibição da...

Each quarter, we present the main developments in competition law in Portugal and the European Union.

Reduzir os prazos de apresentação, pronúncia dos contrainteressados e decisão de impugnações administrativas a três dias úteis.

Value-Added Tax (VAT) is a key component of Portugal’s tax system. This article outlines the different VAT rates, the rules for the taxation of goods and services, and special considerations for certain types of supplies.

The European Commission has released draft guidelines on merger control for public consultation, marking the first major review of this framework in over 20 years. These updated guidelines will reshape the competition...

Os Acordos de Transição de Serviços (Transition Services Agreement – TSAs) são uma parte essencial de um acordo de carve-out.

Directive (EU) 2026/799 of the European Parliament and of the Council of 30 March 2026 (the Directive”) was published on 1 April 2026.

In venture capital transactions, liquidation preferences determine how proceeds are distributed between investors and founders during exits or liquidations. This analysis examines how these common-law mechanisms operate within Portugal's more formalistic corporate law framework, exploring the structural and interpretive challenges that arise when embedding such clauses in bylaws versus shareholder agreements across different liquidity scenarios.

O novo regime jurídico da conversão de créditos em capital.

The article explores the rationale for imposing taxes on decentralized autonomous organizations (DAOs) while highlighting the unique challenges posed by their lack of centralized structure and geographical location.

On the first anniversary of Law no. 89/2017, of 21 August 2017, and with a delay of approximately 9 months in relation to the deadline set out in article 23 of said Law.

Internal investigations serve as a critical compliance tool for organizations to verify their own actions, procedures, and employee conduct. This guide explores how these self-assessment processes differ from external investigations and function as a central mechanism for ensuring integrity and adherence to legal and internal policy requirements.

The National Anti-Corruption Mechanism (MENAC) underwent a profound strategic restructuring to strengthen its transparency, independence and capacity to act.

À primeira vista, a exigência da Diretiva parece modesta: os empregadores devem ser capazes de explicar por que pagam o que pagam. No entanto, para muitas organizações, esta pergunta revelar-se-á mais difícil do que se esperaria.