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Adminex PORTUGAL

Rua Bartolomeu de Gusmão, nº. 118, Sala 25 Tires
2785-269 S. Domingos de Rana
Tel. +351 216060673
Managers
Hugo Lopes & Céu Silvestre
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Hugo Lopes & Céu Silvestre
Hugo Lopes
He graduated from ISCAL (Accounting School) in Accounting. He worked in REFER – Rede Ferroviária Nacional EPE, in the finance department as responsible for the company consolidation and all the inherent processes.

His entrepreneurial capabilities made him desire his own company, not just any, but one which makes the difference.

Currently is an Adminex Portugal Partner, providing "glocal" solutions for companies.


Céu Silvestre
Has a degree in Accounting by ISCAL (Accounting School), a Master's degree in international Accounting, also in ISCAL and is doing a PhD in public administration, FDL (Law School of Lisbon).

Her recognized capacities combined with her extensive experience have enabled her to carry out a vast number of missions. Beyond her love for working in accounting she is also teaching "Accounting" in ISCAL, and writes papers about academic themes.

Currently is an Adminex Portugal Partner, providing "glocal" solutions for companies.

“We are what we repeatedly do. Excellence, then, is not a way to act, but a habit.” – Aristóteles

Every client is a special client, and every client has a different need.

We are prepared to suppress any needs, and to provide the best services, but more than that, to provide solutions.

Our advisors are ready to share their experiences and support small and medium companies in field of accounting, finances, human resources and commercial advisory.

Our market will not be only the international companies, which need to be guide in a different reality, a different market, but also, all the companies that need to make a start-up and need all the advices to do it well.

For those who need to follow up their business and have the best advices, the best services, the help to grow up …

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PORTUGAL

“We are what we repeatedly do. Excellence, then, is not a way to act, but a habit.”   

                                                                                                                Aristóteles

Every client is a special client, and every client has a different need.

We are prepared to suppress any needs, and to provide the best services, but more than that, to provide solutions.

Our advisors are ready to share their experiences and support small and medium companies in field of accounting, finances, human resources and commercial advisory.

Our market will not be only the international companies, which need to be guide in a different reality, a different market, but also, all the companies that need to make a start-up and need all the advices to do it well.

For those who need to follow up their business and have the best advices, the best services, the help to grow up and perhaps try to internationalize, and here we are to provide all services in other countries, with the help of our international adminex partners.

According to Eurostat, the Portuguese companies are in the 7º position as the most innovator in UE, although the resources are not the best ones, we don’t give up our bet in growing, using different products, different services, rethinking their organization and processes.

As Eurostat confirms, opposing to UE, in Portugal last May and June the trust and expectations of the companies according to the economy have rising, in all sectors of activities except construction.

Our success will be the success of our clients, so come share it with us, and we will grow together.

PORTUGAL Insights
  • Portugal has emerged from recession for the first time in two and half years, the country’s National Statistics Institute (INE) ..
    Portugal makes unexpectedly exit from recession

    Portugal has emerged from recession for the first time in two and half years, the country’s National Statistics Institute (INE) revealed on Wednesday. GDP grew an unexpected 1.1 percent in the second quarter of 2013 after 10 consecutive quarters of contraction.

    The data reflects a notable improvement on the figures recorded from January to March, when the economy shrank 0.4 percent, and places Portugal at the top of the European Union for growth in the second quarter.

    The recovery between April and June significantly surpassed the calculation of a number of organizations, which forecast a more moderate increase of between 0.3 and 0.6 percent. Official estimates have predicted that Portugal will suffer a contraction of over two percent in 2013.

    “The significant acceleration in exports of goods and services” registered in this period and the less-marked decline of investment than in previous quarters explains the GDP increase, the INE noted in a press release.

    The news came as EU statistics agency Eurostat revealed that the euro zone as a whole had at last emerged from the recession in which it has been mired for the last 18 months. It had been known for several days that the euro zone would register a positive figure in the second quarter, but the strong advances of France, Germany and, above all, Portugal took many by surprise.

  • The Portuguese government is seeking to cut the corporate income tax rate to 20% from the current 31.5% in the 2014- 2018 period, ..
    Significant changes proposed to Portugal’s CIT law

    The Portuguese government is seeking to cut the corporate income tax rate to 20% from the current 31.5% in the 2014- 2018 period, in an effort to attract new investments in the country. The proposed changes to the CIT law, if approved, are expected to be enacted in 2014.

    In Portugal the standard corporate tax in 2013 is with an additional surtax of 3%-5% for income exceeding EUR 1.5 million and of up to 1.5% municipal tax making a total of 29.5%-31.5%. Companies in the free trade zone of Azores are eligible for a reduced tax rate of 17.5%.

    The average corporate rate in the European Union is 23.5% and it is 26.1% in the euro zone.

    The idea is to make a Portugal one of the most attractive countries in Europe for new investment by providing very strong fiscal incentives to new investments.

    Also changes to make the labor law more flexible and companies easier to be set up, fiscal incentives to new investment and the use of EU funds to train the Portuguese to work in export-led industries will provide sustainable economic growth.

    The government expects the industrial sector—including car-making, textiles the traditional shoemaking, and also wine and machinery industries —should contribute about 20% of GDP by 2020, up from 13% currently, and close to Germany’s 25%. Portuguese exports, meanwhile, should equal 50% of GDP by then, up from 37% currently.

    Despite the sharp slowdown in economies in Europe, including in Portugal’s largest trading partner, Spain, the country was able to increase exports by 7.5% last year. Bank of Portugal expects a further 6.3% rise this year.

    Portugal is a very stable country, where the companies can expect low levels of uncertainty and changes in legislation. In opinion of our expert from Portugal, Andre Sousa Cruz, once the law regarding a new Corporate Income Taxcome into effect, it will for sure be in place for long time.

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