Portugal crypto tax explained for founders
Portugal has emerged as one of Europe’s most attractive jurisdictions for crypto founders, but recent tax law changes mean that understanding the local tax treatment of digital assets is now critical for anyone considering a move or incorporation there. CRYPTO LICENSE GUIDE · 2026 Portugal crypto tax explained Crypto licensing across 15+ jurisdictions CONSULTING24.CO The evolution of Portugal’s crypto tax regime For years, Portugal was known as a crypto tax haven because individual investors were not taxed on crypto gains. However, the 2023 State Budget introduced a new tax framework that brought crypto assets into the scope of taxation for both individuals and companies. The key change is that crypto gains are now classified as capital gains for individuals, with a flat 28% tax rate on profits from crypto held for less than 365 days. Gains from holdings of one year or more remain tax exempt for individuals, preserving some of the original appeal. For businesses, crypto income...