Accountant Fees in Portugal — Transparent 2026 Pricing

By Hugo Velez Ribeiro, Certified Accountant (OCC nº 64356) since 2000 · 25+ years experience · 200+ SMEs and expat clients served · Bilingual team

Most accountants serving expats in Portugal don't publish prices — you have to email and wait. HVR is upfront. Three packages cover 95% of expat needs: Freelancer €450/year (recibos verdes + IFICI annual filing), Microempresa €150-300/month (small Lda or Unipessoal Lda), and Lda + IFICI Founder Bundle from €2,500 setup + €1,500 IFICI + €300/month accounting (12 months included). No setup fees on accounting itself, no lock-in, cancel anytime with 30 days notice.

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The 3 expat packages — pricing breakdown

1. Freelancer Package

€450 / year

For: digital nomads on D8, freelancers under recibos verdes, sole traders without a company

  • Annual IRS filing — Category B (self-employment), simplified or organised regime advice
  • IFICI application + ongoing IFICI compliance (when eligible)
  • VAT (IVA) returns where applicable — quarterly or monthly
  • Double tax treaty optimisation (Modelo 21-RFI for foreign income)
  • Social Security regime guidance (21.4% standard, exemptions)
  • OSS (One-Stop Shop) advisory for EU B2C digital services
  • One year-end planning call

Not included: company formation (you stay as sole trader), payroll for staff (you don't have any), personal IRS for spouse if filing jointly (+€150).

Most chosen

2. Microempresa Package

€150 – €300 / month

For: small Portuguese Lda or Unipessoal Lda — up to 200 documents/month, up to 10 employees

  • Monthly bookkeeping (purchases, sales, expenses, banks)
  • Monthly VAT (IVA) returns
  • Monthly DMR (payroll) — Social Security + IRS withholding
  • Monthly SAF-T file generation and submission to AT
  • Year-end IES annual return + Modelo 22 corporate tax
  • IRC tax planning during the year
  • Dedicated Certified Accountant (OCC) — Hugo Velez Ribeiro
  • Online portal 24/7 for documents and reports
  • 24-hour response SLA on email/WhatsApp during business days

€150/month tier: ≤50 documents, ≤2 employees, single-currency, simple operation.
€300/month tier: 50-200 documents, 3-10 employees, multi-currency or e-commerce/OSS, analytical accounting.

Not included: personal IRS for shareholders (€250-450), IFICI application (€1,500), fiscal representation for non-EU shareholders (€200-350/year), company formation (one-off — see Lda + IFICI bundle below).

3. Lda + IFICI Bundle — founder turnkey

€2,500 setup + €1,500 IFICI + €300/month

For: founders relocating to Portugal who need a Portuguese company AND want IFICI tax status (20% flat rate for 10 years)

  • Company formation — Lda or Unipessoal Lda via Empresa na Hora (1 business day)
  • NIFs for all shareholders — EU residents and non-EU (with fiscal rep coordination)
  • IFICI Application Package — eligibility validation, file preparation, AT follow-up until approval
  • Bank account introduction — Millennium BCP / ActivoBank / Bison Bank
  • Activity opening at Tax Authority (Portal das Finanças)
  • Social Security registration — company + manager(s)
  • 12 months of accounting at €300/month included
  • Year-1 IES + Modelo 22 corporate filings included
  • Year-1 personal IRS for the founder under IFICI included
  • Bilingual team — all communication in English

Total year-1: €2,500 setup + €1,500 IFICI + €3,600 (12×€300) = €7,600 all-in. From year 2: €300/month + €450/year personal IRS under IFICI.

Add-ons — clear, à la carte pricing

Add-onPriceWhen you need it
NIF for EU shareholder€80 eachEach non-Portuguese EU citizen sócio
NIF for non-EU shareholder + fiscal rep coordination€250 eachUS, UK, Brazilian, Indian shareholders
Fiscal representation (annual)€200-350 / yearMandatory for non-EU NIF holders
IFICI Application standalone€1,500If you don't take the founder bundle
IFICI Eligibility Assessment (refundable)€250If unsure whether you qualify; €250 credited toward the €1,500 if you proceed; refunded if HVR confirms ineligibility
Personal IRS for founder (one-off / annual)€250-450Simple case €250; multi-source/foreign income €450
Personal IRS for additional family member€150 eachSpouse, dependent
Annual IFICI Tax Filing (recurring after year 1)€450 / yearYears 2-10 of the IFICI window
External CFO (fractional)From €500/monthCompanies €1M+ revenue or pre-Series A
SIFIDE II R&D credit application10-15% of approved credit (success fee)Tech and innovation companies

What's NOT in any HVR package (transparency)

  • ❌ Visa applications (D2, D8, Golden Visa) — we coordinate with immigration lawyers; not legal advice
  • ❌ Bank account opening guarantee — we make introductions; the bank decides
  • ❌ Fiscal representation directly — we coordinate with specialised partners
  • ❌ Crypto-specific tax rulings — case-by-case quote
  • ❌ M&A or capital markets transaction support — quoted separately
  • ❌ Inheritance planning — coordinated with notary/lawyer partners

How HVR fees compare to other expat-focused accountants in Portugal (2026)

From benchmarking across the Lisbon expat market in early 2026:

  • Small Lda accounting: HVR €150-300/mo · expat-focused chains €200-450/mo · Big 4 €1,200+/mo
  • IFICI/NHR application: HVR €1,500 (with €250 refundable assessment) · most others €1,500-3,000 with no money-back
  • Company formation turnkey for foreigners: HVR €2,500 · expat chains €3,000-5,000 · Big 4 €8,000+
  • Setup fees on accounting: HVR €0 · most others €300-800 onboarding
  • Lock-in periods: HVR 30 days notice · most others 6-12 months

HVR's pricing strategy: be the most transparent, refundable on commitment, and price the work at "Lisbon premium" rather than "expat premium" — clients are expats, but the work is the same OCC-regulated work as for Portuguese clients.

Frequently Asked Questions

How much does it cost to have an accountant in Portugal?

For expats in 2026: Freelancer (recibos verdes) ~€450/year for IRS+IFICI filing. Small Lda or Unipessoal €150-300/month. Founder bundle (company + IFICI + 12 months accounting) starts at €2,500 setup + €1,500 IFICI + €300/month. No setup fees on accounting itself.

Is there a setup fee for accounting?

No. HVR does not charge setup fees on the monthly accounting service. One-off fees apply only for specific deliverables (company formation, IFICI application, NIF for non-EU shareholders, one-time IRS filing for arrivals).

Do you charge for IRS filing?

Personal IRS for the founder is included in the Freelancer Package and in the Lda + IFICI Bundle (year 1). For Microempresa clients, personal IRS is €250-450 depending on complexity.

What is included in the €150/month Microempresa package?

Bookkeeping (≤50 docs), payroll (≤2 employees), monthly VAT, DMR, SAF-T, year-end IES + Modelo 22, dedicated OCC accountant, 24-hour response SLA. Does NOT include personal IRS, IFICI application, or fiscal representation.

When do I need the €300/month tier instead of €150?

When you hit any of: 50+ documents/month, 3+ employees, multi-currency clients, e-commerce/OSS, or analytical accounting. Use the pricing calculator for an automatic recommendation.

Are there hidden fees, lock-ins, or cancellation penalties?

No. Cancel monthly accounting with 30 days notice — no penalties. Document migration to a new accountant is handled at no cost. All one-off fees are clearly listed in the proposal at engagement.

How does HVR pricing compare to other accountants for expats in Portugal?

HVR publishes prices upfront — most competitors don't. HVR is typically 20-40% cheaper than expat-focused chains for accounting and IFICI, with a refundable eligibility check that competitors don't offer.

What about VAT (IVA) — does my company need to register?

Companies above €15,000 turnover must register and charge VAT (23% mainland, 22% Madeira, 16% Azores). For EU B2B services, reverse-charge applies. For EU B2C digital services above €10,000 cross-border, OSS is mandatory. HVR handles all VAT registration and returns within the standard packages.

Can I switch from another accountant mid-year?

Yes. HVR runs the full transition process at no cost for new clients (1-4 weeks). See how to change accountant guide.

Get started

The fastest way to get an exact price for your situation: book a free 30-min call. Bring your residency status, profession, expected turnover and whether you'll need a company. We send a written proposal with a fixed monthly fee within 24 hours.

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Related resources

  • IFICI Tax Advisor — Application + Annual Filing
  • Open a Company in Portugal — Service + Pricing
  • Expats in Portugal — Hub
  • How to Change Your Accountant in Portugal
  • HVR Accounting Service — Full Detail