The Seed Programme by StartUP Portugal is a tax regime for investors in SME and entrepreneur start-ups.
Through this program investors can obtain tax deductions up to a maximum of 40% on their IRS and Startups have access to seed capital for research and development of their activities, acquisition of intangible assets or for the acquisition of some tangible fixed assets.
The investment will have to be made in Startups that meet a set of preconditions that qualify them as apt for Seed investment;
a. Be a micro or small business under 5 years;
b. Have 20 workers or less;
c. Do not hold assets or rights in excess of € 200,000;
d. Are not listed on a regulated or unregulated stock exchange market
e. Have their tax situation and regularized contribution
f. Be certified by the National Network of Incubators
Source: StartUP Portugal