Tax Regime for Venture Capital Funds in Portugal

Venture Capital Funds benefit from a specific tax regime in Portugal, based on the principle of neutrality:

 

Taxation of Portuguese Investors
Income paid or made available to unitholders (whether through profit distribution or reimbursement of unitholders) is subject to:

 

• Withholding tax of 10% for individuals or legal entities resident in Portugal, except when they benefit from an exemption.