Tax: up to 23%
Duties: up to 7%
Restricted items: N/A
Non-working days: Saturday, Sunday, and Public Holidays
Lead times: 1-2 weeks
Best Carrier option: Freight Forwarder or Courier
Prominent Languages: Portuguese
How TecEx Can Help You Import into Portugal
Located west of its only neighbor, Spain, Portugal, is an EU member state boasting a booming tech industry. Although not considered one of Europe’s powerhouses, the Portuguese ICT market has been gaining momentum. This country has been the nest from which many tech eagles have hatched. These include Multibanco and Via Vrede.
Innovation is also key to the success of the Portuguese Tech industry. Lisbon has been flagged as a city set to join London and Berlin as a big tech player. Since 2012 Lisbon has welcomed big names like Google but has also seen policies put into action to encourage the development of startups. While the ecosystem is still young, it is growing steadily. The government also continues to promote foreign investment and improve the desirability of Portugal as an investment destination, making it a destination to keep an eye on.
Although the government has improved importing processes, importing high-value encrypted Tech equipment can be tough. Contact the TecEx team for quick and reliable IOR and customs clearance into Portugal.
Learn more about importing into Europe here!
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