In order to strength the investment in the Portuguese territory was published on July 16, 2013 in the Portuguese Official Gazette Law 49/2013 which approved the Special Investment Tax Credit (SITC).
According to the said Law, corporate taxpayers carrying on, primarily, an activity of commercial, industrial or agricultural nature may benefit from the SITC if they meet the following conditions:
a) Have a regularly organized accounting in accordance with accounting standards and other legal provisions in force for the respective sector of activity;
b) Have a taxable income not determined by indirect methods, and;
c) Have their tax situation regularized.