JD Supra Portugal

Publisher:: JD Supra
Publication date:: 2019-04-29

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JD Supra (32)

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Latest documents

Establishing a Business Entity in Portugal (Updated)
Portugal has circa 10,3 million resident inhabitants and most of its population lives in sunny coastal areas. Important cities include the capital Lisbon, Porto (in the north), Coimbra (in the center), Faro (in southern Algarve), as well as Ponta Delgada (in the Azores) and Funchal (in Madeira). Portugal is a Republic since 1910, having in force the same Constitution since 1976. The President, the Parliament, the Government and the Courts are the representatives of the sovereign country, and both the President and the Parliament are chosen through general democratic elections. The Government is normally formed by the party who wins the election for Parliament.
Buying and Selling Real Estate in Portugal (Updated)
KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER PORTUGUESE LAW - I. INTRODUCTION - Portugal is an Iberian Peninsula country, bordered by the Atlantic to the west and south and Spain to the north and east. In addition to its continental landmass, it also comprises the archipelagos of the Azores and Madeira. Portugal has around 10.3 million inhabitants.
Bankruptcy, Insolvency & Rehabilitation Proceedings in Portugal (Updated)
KEY FACTS OF BANKRUPTCY, INSOLVENCY & REHABILITATION PROCEEDINGS UNDER PORTUGUESE LAW - I.INTRODUCTION – KEY ASPECTS OF PORTUGUESE LAW - DEFINITION OF INSOLVENCY AND LEGAL FRAMEWORK - Insolvency proceedings consist of a universal enforcement process, with the objective of satisfying creditors in the best possible way in an bankruptcy scenario, either by an insolvency plan based on the recovery of the company via the insolvency assets, or, when this is not possible, by liquidating the debtor's assets and sharing its result among the creditors.
150 Questions & Answers: Decent Work Agenda
Introduction This practical guide aggregates a total set of 150 questions and answers regarding the Law no. 13/2023, of April 3rd (called "2023 Reform”, with the Rectification Declaration no. 13/2023, of May 29th), which aims to correct and re-articulate to the main changes that occurred and entered into force last May 1st 2023. It should be noted that we have not exhausted all the issues and challenges created by the Decent Work Agenda ("DWA") as a whole, nor by the Green Paper on the Future of Work, or by Law no. 13/2023, of April 3rd. Please see full Publication below for more information.
Bankruptcy, Insolvency & Rehabilitation Proceedings in Portugal (Updated)
KEY FACTS OF BANKRUPTCY, INSOLVENCY & REHABILITATION PROCEEDINGS UNDER PORTUGUESE LAW - I. INTRODUCTION – KEY ASPECTS OF PORTUGUESE LAW - DEFINITION OF INSOLVENCY AND LEGAL FRAMEWORK - Insolvency proceedings consist of a universal enforcement process, with the objective of satisfying creditors in the best possible way in an bankruptcy scenario, either by an insolvency plan based on the recovery of the company via the insolvency assets, or, when this is not possible, by liquidating the debtor's assets and sharing its result among the creditors. Please see full Chapter below for more information.
Establishing A Business Entity In Portugal (Updated)
[co-author: Diogo Vitorino Martins] Portugal has circa 10,3 million resident inhabitants and most of its population lives in sunny coastal areas. Important cities include the capital Lisbon, Porto (in the north), Coimbra (in the center), Faro (in southern Algarve), as well as Ponta Delgada (in the Azores) and Funchal (in Madeira). Portugal is a Republic since 1910, having in force the same Constitution since 1976. The President, the Parliament, the Government and the Courts are the representatives of the sovereign country, and both the President and the Parliament are chosen through general democratic elections. The Government is normally formed by the party who wins the election for Parliament. Please see full Chapter below for more information.
Buying and Selling Real Estate in Portugal (Updated)
KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER PORTUGUESE LAW - I.INTRODUCTION - Portugal is an Iberian Peninsula country, bordered by the Atlantic to the west and south and Spain to the north and east. In addition to its continental landmass, it also comprises the archipelagos of the Azores and Madeira. Portugal has around 10.3 million inhabitants. Portuguese territory is split up into three administrative divisions: the first division includes 18 administrative country districts, while the others include the autonomous regions of the Azores and Madeira. All country districts are sub-divided into 308 municipal districts and approximately 3,100 parishes. Please see full Chapter below for more information.
Bankruptcy, Insolvency & Rehabilitation Proceedings in Portugal
KEY FACTS OF BANKRUPTCY, INSOLVENCY & REHABILITATION PROCEEDINGS UNDER PORTUGUESE LAW - I. INTRODUCTION – KEY ASPECTS OF PORTUGUESE LAW - DEFINITION OF INSOLVENCY AND LEGAL FRAMEWORK - Insolvency proceedings consist of a universal enforcement process, with the objective of satisfying creditors in the best possible way in an bankruptcy scenario, either by an insolvency plan based on the recovery of the company via the insolvency assets, or, when this is not possible, by liquidating the debtor's assets and sharing its result among the creditors. Insolvency proceedings in Portugal are only triggered in the case of a debtor’s insolvency, which is defined, in general, as the inability of the debtor to fulfill its obligations as they fall due (cash flow criteria). Aside from this, and in the case of legal entities, the debtor is also considered to be in an insolvency situation when, according to accounting criteria, the liabilities of the debtor clearly exceed its assets (balance sheet criteria). Please see full Chapter below for more information.
50 Questions & Answers: The New Telework Regime in Portugal
Portugal recently approved significant changes to the country’s telework regime. Law N° 83/2021, which took effect on January 1, 2022, (i) provides a new definition of telework, including certain remote working scenarios; (ii) partially extends the regime to non-workers with economic dependency; (iii) requires an agreement establishing new terms and conditions for teleworking (e.g., ownership of equipment and reimbursement of teleworking-related expenses); (iv) establishes a new regime on reimbursement and compensation for teleworking-related expenses; (v) extends privacy and data protections outside of company premises; (vi) creates a duty to refrain from contacting employees during rest periods, except in situations of force majeure; and (vi) addresses accidents that occur during (tele)work. Please see full Publication below for more information.
Portugal: Q&A - Employer COVID-19 Vaccination Policies
WLG asked member firms around the globe to provide some insight on employer and employee rights when it comes to requiring the COVID-19 vaccine to return to work. Responses for Portugal have been updated with new questions since its initial publication in January.