All industrial activities require licensing, so as to guarantee not only public health protection, safety and hygiene in the workplace and the safety of people and goods, but also to guarantee that land is appropriately managed and that the environment is protected through pollution prevention and reducing the hazard level of pollution.
The licensing of commercial establishments is currently, as a general rule, under the exclusive jurisdiction of local government. The issue of construction licenses and licenses of use, for private works, is governed by legislation, particularly town planning and building legislation and regulations.
The members must agree to amendments to the articles of association. Know more examples of statutory changes such as capital increases, termination of quotas, among others.
A Portuguese company may transfer its head office to another country as long as the law of said country allows such re-domiciliation. The company, upon such re-domiciliation, shall keep its legal personality.
Portuguese companies must abide by the Code of Commercial Companies, that defines the legal form of the entities and regulates all the formal and operating aspects of the companies and respective intervening parties.
Managers and directors of companies in Portugal are appointed or removed by the shareholders. They shall be responsible for the sound management of the Company, in full Compliance of the legislation and regulation in force in Portugal.