List of Conventions for the Elimination of Double Taxation
Portugal has concluded numerous Double Taxation Agreements (DTAs) with various countries to avoid the double taxation of income and to foster international trade and investment.
These agreements aim to reduce the tax burden on individuals and businesses who are liable to pay taxes in both Portugal and another country.
The aim of these DTAs is to:
- Ensure that income earned in one country is not taxed twice in the country of residence and the country of origin.
- Provide clarity on which of the two countries has the right to tax particular types of income.
- Prevent tax avoidance and evasion through transparent taxation rules.
Here’s a list of countries with which Portugal has signed double taxation agreements and the respective maximum taxation in the country of origin:
| Rate (%) | |||
| Country | Dividends | Interest | Royalties |
| Algeria | 10 | 15 | 15 | 10 |
| Andorra | 5 | 15 | 10 | 5 |
| Angola | 8 | 15 | 10 | 8 |
| Austria | 15 | 10 | 5 |10 |
| Barbados | 5 | 15 | 10 | 5 |
| Belgium | 15 | 15 | 10 |
| Brazil | 10 |15 | 15 | 15 |
| Bulgaria | 10 | 15 | 10 | 10 |
| Cabo Verde | 10 | 10 | 10 |
| Canada | 10 | 15 | 10 | 10 |
| Chile | 10 | 15 | 5 | 10 | 15 | 5 | 10 |
| China | 10 | 10 | 10 |
| Colombia | 10 | 10 | 10 |
| Croatia | 5 | 10 | 10 | 10 |
| Cuba | 5 | 10 | 10 | 5 |
| Cyprus | 10 | 10 | 10 |
| Czech Republic | 10 | 15 | 10 | 10 |
| Denmark | 10 | 10 | 10 |
| East Timor | 5 | 10 | 10 | 10 |
| Estonia | 10 | 10 | 10 |
| Ethiopia | 5 | 10 | 10 | 5 |
| France | 15 | 10 | 12 | 5 |
| Georgia | 5 | 10 | 10 | 5 |
| Germany | 15 | 10 | 15 | 10 |
| Greece | 15 | 15 | 10 |
| Guinea-Bissau | 10 | 10 | 10 |
| Hong Kong | 5 | 10 | 10 | 5 |
| Hungary | 10 | 15 | 10 | 10 |
| Iceland | 10 | 15 | 10 | 10 |
| India | 10 | 15 | 10 | 10 |
| Indonesia | 10 | 10 | 10 |
| Ireland | 15 | 15 | 10 |
| Israel | 5 | 10 | 15 | 10 | 10 |
| Italy | 15 | 15 | 12 |
| Ivory Coast | 10 | 10 | 5 |
| Japan | 5 | 10 | 5 | 10 | 5 |
| Kenya | 7,5 | 10 | 10 | 10 |
| Kingdom of Bahrain | 10 | 15 | 10 | 5 |
| Korea | 10 | 15 | 15 | 10 |
| Kuwait | 5 | 10 | 10 | 10 |
| Latvia | 10 | 10 | 10 |
| Lithuania | 10 | 10 | 10 |
| Luxembourg | 15 | 10 | 15 | 10 |
| Macau | 10 | 10 | 10 |
| Malta | 10 | 15 | 10 | 10 |
| Mexico | 10 | 10 | 10 |
| Moldova | 5 | 10 | 10 | 8 |
| Montenegro | 5 | 10 | 10 | 5 | 10 |
| Morocco | 10 | 15 | 12 | 10 |
| Mozambique | 10 | 10 | 10 |
| Netherlands | 10 | 10 | 10 |
| Norway | 5 | 15 | 10 | 10 |
| Pakistan | 10 | 15 | 10 | 10 |
| Panama | 10 | 15 | 10 | 10 |
| Peru | 10 | 15 | 10 | 15 | 10 | 15 |
| Poland | 10 | 15 | 10 | 10 |
| Qatar | 5 | 10 | 10 | 10 |
| Republic of San Marino | 10 | 15 | 10 | 10 |
| Republic of Senegal | 5 | 10 | 10 | 10 |
| Romania | 10 | 15 | 10 | 10 |
| Russia | 10 | 15 | 10 | 10 |
| São Tomé and Príncipe | 10 | 15 | 10 | 10 |
| Saudi Arabia | 5 | 10 | 10 | 8 |
| Singapore | 10 | 10 | 10 |
| Slovakia | 15 |10 | 10 | 10 |
| Slovenia | 5 | 15 | 10 | 5 |
| South Africa | 10 | 15 | 10 | 10 |
| Spain | 10 | 15 | 15 | 5 |
| Sultanate of Oman | 5 | 10 | 15 | 10 | 8 |
| Switzerland | 5 | 15 | 10 | 5 |
| Tunisia | 15 | 15 | 10 |
| Turkey | 5 | 15 | 10 | 15 | 10 |
| United Arab Emirates | 5 | 15 | 10 | 5 |
| United States of America | 5 | 10 | 15 | 10 | 10 |
| United Kingdom | 10 | 15 | 10 | 5 |
| Ukraine | 10 | 15 | 10 | 10 |
| Uruguay | 5 | 10 | 10 | 10 |
| Venezuela | 10 | 15 | 10 | 10 | 12 |
| Vietnam | 5 | 10 | 15 | 10 | 10 | 7,5 |
You can consult the official list and applicable rates published by the Portuguese Tax Authority at the following link: Official Portal of the Portuguese Tax Authority – Double Taxation Agreements Table
If you need further clarification on how these rules may affect your investments or require assistance with any tax-related matters, our team is here to help.
Feel free to contact us at info@afm.tax or call +351 281 029 059.