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.
The SIFIDE II application form for the 2024 period is now available! The submission deadline is May 31, 2025.
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).
Some relevant 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
Description: A technology company is developing innovative software based on machine learning to predict failures in industrial equipment. The project involves research and development of new algorithms, as well as testing and validation using real-world data.
Eligibility: This project qualifies as it includes applied research and experimental development, both essential for creating a new product or service.
Creation of a new biomaterial for sustainable packaging
Sector: Industry and Sustainability
Description: A plastics company is researching new biodegradable compounds to replace conventional packaging materials. The project involves laboratory testing, prototyping, and material validation to ensure durability and performance.
Eligibility: This project qualifies as it involves research and experimental development, contributing to innovation in the sector and promoting the circular economy.
Practical Case Study A small company, operating for 5 years, incurred €500,000 in R&D expenses in 2024. In 2023 and 2022, the company incurred 200,000 and €100,000 in R&D expenses, respectively.
How much tax benefit can the company obtain for 2024?
Scenario I - R&D investment without project funding Assuming that the 2024 R&D expenses were not supported by any financial incentive:
Scenario II - R&D investment with project funding Assuming that the 2024 R&D expenses were part of an SI I&DT project co-financed under the P2030 program, with a 60% non-repayable grant:
