In November 2012, Portugal received EU permission to reduce its standard corporate tax rate to 10% for new investments made in Portugal, rather than 25%.

ABPA, the Portuguese Association of Business Angels, has a one-for-two co-investment agreement through Portuguese government programme Compete that uses EU funds. This means Compete invests µ2 for every µ1 an angel invests, and investors gain an asymmetric return, benefiting most from successes.In November 2012, Portugal received EU permission to reduce its standard corporate tax rate to 10% for…

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