Fast-Track support for Strategic Investments in Portugal
Developing large-scale projects in Portugal can be a complex journey, requiring coordination across multiple stages and entities. However, securing Portuguese Important Project (PIN) or Investment Project for the Interior (PII) status unlocks a powerful advantage—streamlining approvals and accelerating progress.
With direct support from key governmental bodies such as APA, CCDR, Floene, REN, and others, investors benefit from: ✔ Priority in licensing – ensuring faster approvals ✔ Simultaneous administrative processing – cutting through bureaucracy ✔ Significant reduction in timelines – getting projects off the ground quicker
For those looking to invest in Portugal, PIN/PII status is the key to unlocking efficiency and success.
Did you know that investment projects can benefit simultaneously from both financial and tax incentives?
SIFIDE II is a tax incentive designed to support companies that incur expenses related to Research and Development (R&D) activities. This tax benefit allows companies to deduct up to 82.5% of their R&D related expenses from their corporate income tax (IRC).
What Are R&D Activities?
For the purposes of SIFIDE II, the following definitions apply:
"Research expenses" – expenses incurred to acquire new scientific or technical knowledge.
"Development expenses" – expenses resulting from the application of research or other scientific or technical knowledge to discover or significantly improve raw materials, products, services, or manufacturing processes.
Some Eligible Expenses Include:
Personnel expenses related to R&D activities
Acquisition of fixed assets used for R&D
Operating expenses
Expenses related to R&D audits
Costs associated with the registration, acquisition, and maintenance of patents
Expenses for demonstration activities arising from R&D projects
…
The SIFIDE II application must be submitted via the SIFIDE/ANI platform (link) by May 31st of the year following the period in which the R&D expenses were incurred.
STREAM offers financial and tax advisory services to enhance your company’s fiscal efficiency, leading to significant tax savings.