Author Archive:
João Valadas Coriel
What tax legislation should high net worth individuals relocating to your jurisdiction be aware of?
Read more: What tax legislation should high net worth individuals relocating to your jurisdiction be aware of?Taken from: A New Place to Call Home Residency options and implications for high net worth individualsVirtual Round Table Series Private Client Working Group 2017 Portugal offers investors, pensioners and qualified professionals the ‘Non Habitual Tax Resident’ (NHTR) status which grants full exemption on most classes of foreign sourced income like pensions, dividends, interests and…
What protection is offered to debtors by a corporation or a limited liability company (LLC)?
Read more: What protection is offered to debtors by a corporation or a limited liability company (LLC)?Taken from International Asset Protection Planning: The debtor’s dilemma – planning for and protecting against future judgmentsVirtual Round Table Series, December 2016: Private Client Working Group Bearer shares and assets held within a Portuguese limited liability company are, in principle, shielded from a judgment against an individual. If the shares are nominative, the creditor might…
Are asset protection trusts effective in shielding judgment debtors from creditors?
Read more: Are asset protection trusts effective in shielding judgment debtors from creditors?Taken from International Asset Protection Planning: The debtor’s dilemma – planning for and protecting against future judgmentsVirtual Round Table Series, December 2016: Private Client Working Group Asset protection trusts (APTs) are effective if a debtor is entering into a risky business transaction and wants to protect existing assets from a possible future debtor judgment, but…
Does the manner in which title to property is held, for example jointly with a spouse, provide any protection from creditors?
Read more: Does the manner in which title to property is held, for example jointly with a spouse, provide any protection from creditors?Taken from International Asset Protection Planning: The debtor’s dilemma – planning for and protecting against future judgmentsVirtual Round Table Series, December 2016: Private Client Working Group If only one spouse is on the title of the judgment debt, that spouse is the only one responsible for the debt incurred. However, if individual assets are not…
What asset protection planning is provided for under the Constitution of your jurisdiction?
Read more: What asset protection planning is provided for under the Constitution of your jurisdiction?Taken from International Asset Protection Planning: The debtor’s dilemma – planning for and protecting against future judgmentsVirtual Round Table Series, December 2016: Private Client Working Group Portugal is halfway between the UK and Florida in its position on asset protection. Both the Portuguese Constitution and the European Convention of Human Rights prohibit imprisonment by reason…
The New General Data Protection Regulation: what changes?
Read more: The New General Data Protection Regulation: what changes?As from May 25th a new set of rules on data protection (General Data Protection Regulation or GDPR) will take effect across the EU, involving individuals, companies, administrations and other organizations to the same extent. This new European framework aims to provide greater protection of individual rights and new opportunities for business by clarifying and modernizing…
João Valadas Coriel of Valadas Coriel & Associados – Lisbon Dealmakers Headline Sponsor 2018
Read more: João Valadas Coriel of Valadas Coriel & Associados – Lisbon Dealmakers Headline Sponsor 2018João Valadas Coriel of Valadas Coriel & Associados was a headline sponsor of the IR Dealmakers conference in his home city of Lisbon (February 2018). To view the video of Joao filmed during the conference in full please use the following link: http://bit.ly/2HaZol2
Welcome to Portugal
Read more: Welcome to PortugalIf you are reading this text it is most likely because we have met at a conference and you somehow have an interest in Portugal. In some cases someone has passed along this brochure or you are just curious. Portugal is one of the best small countries few people know about or one of the…
Philosopher, feminist, futurist… lawyer – Member Spotlight
Read more: Philosopher, feminist, futurist… lawyer – Member Spotlight‘He likes to employ people with compassion and experience who value a good work-life balance; not surprisingly then, the majority of his lawyers are women. The testosterone-fuelled arena of big law is anathema to João.’ João Valadas Coriel, Founder and Managing Partner – Valadas, Coriel & Associados João Valadas Coriel is an experienced trial lawyer,…
NEW DEVELOPMENTS ON INTERNATIONAL TAX PLANNING 2018 and 2019
Read more: NEW DEVELOPMENTS ON INTERNATIONAL TAX PLANNING 2018 and 2019Jersey, Isle of Man and Uruguay are out of the OECD Blacklist The low tax jurisdictions of jersey, Isle of Man and Uruguay have been found compliant by the OECD and, therefore, have been removed from the OECD blacklist of harmful tax havens or offshore jurisdictions offering no guarantees of exchange of information and financial…
Portugal 2018 Budget, 2% increase in corporate tax rate imposed by extreme left partners of the socialist government
Read more: Portugal 2018 Budget, 2% increase in corporate tax rate imposed by extreme left partners of the socialist governmentPortuguese parliament has voted the increase of “derrama” by 2% for companies with profits above 35 million euros. Basic corporate tax rate is 21%, but “derrama” is an addition that can now go up to 9%, thus making the top Portuguese corporate tax rate an uncompetitive 30%. This hike was forced by the parliamentary extreme…
Airbnb vs Landlords, lawmakers set to reduce the tax gap between short-term lets and normal leases; government official says it’s too early
Read more: Airbnb vs Landlords, lawmakers set to reduce the tax gap between short-term lets and normal leases; government official says it’s too earlyPortuguese law-makers are becoming concerned by the growing diversion of apartments and houses from regular rental to short-term leases managed by Airbnb and similar services. One of the reasons is the tax advantages granted to short-term leases. The 2017 budget stipulates that only 35 per cent of touristic or short-term leases are subject to taxation,…