Ordinance No. 352/2024/1: A Framework for Innovation and Competitiveness in Portugal
On December 23, 2024, the Portuguese Government published Ordinance No. 352/2024/1, regulating the tax incentive regime for scientific research and innovation (IFICI), provided for in article 58-A of the Tax Benefits Statute (EBF). This initiative aims to position Portugal as one of the main innovation hubs in Europe, promoting economic growth and attracting highly qualified professionals and investments in strategic sectors.