Starting and running new businesses is a vital process in any dynamic economy!
As argued by the Global Entrepreneurship Monitor, new businesses:
Women that start a business due to have identified one opportunity in the market, they intend to exploit; the creation of the business could also be driven by the opportunity to being independent or increasing their income
Women that start their own business because they have no other option for work or they intend to maintaining their income
# Learn more about some of the concepts related to entrepreneurship and the creation of a new businesses in the Global Entrepreneurship Monitor website
In Portugal, The Constitution of the Portuguese Republic, in its article 82, establishes the existence of three sectors of activity: the public sector; the private sector; and the cooperative and social sector.
In Portugal new businesses developed in the private sector can be constituted following one of the legal formats defined in the Portuguese Commercial Companies Code:
# Consult the Portuguese law on social economy for e deeper knowledge on the topic
If you have a business and want to extend your activities to another EU country (in this case, the 28 EU member states including Iceland, Liechtenstein and Norway), you could consider forming a European Company.
For further detail you could consult the YourEurope website
More detailed information on the characteristics of each of these legal formats and the necessary steps for its constitution can be found in:
The website of eportugal.gov.pt
You can also find more information on the following pme.pt
Currently it is possible to create a company in a faster and more agile way through the “on the spot company” modality (in Portugues empresa na hora)
This service is available for the following modalities: single-person limited company, private limited company and public limited company
Find out more information on this topic at the following websites:
→ Equity finance means do not require capital reimbursement, but the distribution of potential profits;
The capital requested must be repaid, plus the interest defined in the loan contract. The period during which the loan occurs (maturity) is also defined in the contract.
Only applicable to projects that have already been set up and are profitable.