Pricing

How much does an HVR accountant cost?

Prices start at €75/mo (independent healthcare), €90/mo (solo real estate), €120/mo (seed startup) and €150/mo (Essential package for SMEs up to 50 documents and 2 employees). Professional €300/mo and Premium €600/mo. No setup fees, no lock-in, cancel anytime with 30 days notice. Final price set in a free 30-minute diagnostic. See all pricing →

Services

Does HVR file personal income tax (IRS) for individuals?

Yes. HVR files IRS returns from €35 (simple Category A) up to complex returns with Annex G (capital gains), Annex B (professional income), Annex L (IFICI) or Annex J (foreign income). It includes a prior simulation, deduction optimisation (health, education, housing) and validation of the AT pre-filled return.

Does the accounting service include the manager-partner's personal IRS?

In the Professional (€300/mo) and Premium (€600/mo) packages, the manager-partner's personal IRS is included (Annexes A, H and simple). In the Essential package (€150/mo) it is billed separately from €35. Complex annexes (G, J, L, B) always get a dedicated quote.

Does HVR do accounting for real estate and construction?

Yes. HVR has specific experience in the margin scheme (real estate VAT), urban rehabilitation works, the reduced 6% VAT on residential construction (promulgated March 2026, valid until 2029), taxation of property and corporate income, AIMI and capital gains in real estate SPVs.

IFICI / Expats

What replaced NHR in Portugal?

The IFICI regime replaced NHR in January 2024 (Law 82/2023, EBF Art. 58-A). It offers a 20% flat IRS rate on Portuguese-source income for new residents in eligible professions (tech, science, healthcare, education, arts) for 10 years. You must not have been a Portuguese tax resident in the previous 5 years. The application is made through Annex L of the IRS return by 15 January of the year following registration as a resident. HVR has consulting packages from €250.

Does HVR accept non-resident or foreign clients?

Yes. HVR is bilingual PT/EN and serves foreign investors, expats, digital nomads (D8) and companies owned by non-residents. Services include fiscal representation coordination (through specialised partners), NIF obtention by proxy, remote company formation, IFICI, Golden Visa and accounting for companies with foreign shareholders. The entire onboarding can be done 100% remotely.

Does HVR speak English?

Yes. HVR is fully bilingual in European Portuguese and English, with dedicated services such as Fiscal Representative, IFICI Tax Advisor and Open Company Portugal Foreigner. Founder Hugo Ribeiro has direct experience with clients in the UK, USA, Brazil, France, Germany and the Netherlands.

Company

Can foreigners open a company in Portugal?

Yes. No nationality restrictions. EU citizens need only a NIF. Non-EU citizens need a residence permit, D2 Entrepreneur Visa or D8 Digital Nomad Visa. HVR handles full company setup remotely from €750 (Essencial), €1,500 (Completo with 3 months accounting) or €2,500 (Premium Expat for non-residents). Full setup guide →

How long does it take to set up a company?

Via Empresa Online the formal incorporation takes 1 to 3 business days. With HVR, the full process (diagnostic, CAE/tax regime, incorporation, AT and Social Security registration, bank account, TOCONLINE setup and launch) takes 2 to 4 weeks. For non-residents it can take up to 6 weeks due to NIF obtention and bank account opening.

What is the difference between Lda and Unipessoal?

An Lda requires 2 or more shareholders and minimum capital of €2. A Unipessoal has just 1 shareholder and minimum capital of €1. Tax-wise they are equivalent: 19% corporate tax in 2026, or 15% on the first €50,000 for SMEs (Law 64/2025, art. 87 CIRC). A Unipessoal converts into an Lda when a second shareholder joins.

How does the simplified regime work versus organised accounting?

The simplified regime (up to €200,000/year under IRS Category B) applies presumptive cost coefficients (0.15 to 0.75) and waives organised accounting. Organised accounting is mandatory above €200,000 or by option, requires a Certified Accountant and lets you deduct real costs. HVR helps with the comparative simulation before opting (by 31 March).

Personal Tax & Switching Accountants

Can I switch accountants mid-year?

Yes, at any time of year, with no tax penalties. HVR handles the transition: collecting the digital archive and SAF-T files from the previous accountant, notifying the AT of the change of Certified Accountant on the Portal das Finanças, and continuing the bookkeeping without interruption. It is best to switch after a month-end close.

What is the VAT rate on construction in Portugal in 2026?

6% (reduced from 23%) for construction or renovation of housing destined for HPP up to €660,982 or rental with rents up to €2,300/month. Promulgated March 2026, valid until 2029. HVR helps developers and property owners apply the reduced rate correctly.