Introduction: What is the Tech Visa Program and Why is it Crucial for Your Company
In the highly competitive global economic landscape, the ability to recruit and retain high-skilled professionals is a decisive factor for success. The Tech Visa Accreditation program in Portugal emerges as a strategic initiative to simplify this process, allowing Portuguese companies, especially those based on technology and with an international vocation, to attract talent from outside the Schengen Area in an agile and streamlined manner.
For growth-focused companies, such as those supported by FA ACCOUNTING, Tech Visa Accreditation is not just a legal requirement but a powerful human resources management and market expansion tool.
The Strategic Benefits of Tech Visa Accreditation
The main objective of the Tech Visa is to grant accredited companies a competitive advantage in the global talent market. The operational and strategic benefits are immediate:
- Agility in International Recruitment: The program establishes an accelerated process for the hiring and retention of highly qualified professionals from third countries, eliminating long waits and traditional bureaucratic barriers.
- Ease in Document Issuance: Accredited companies can issue a Digital Declaration of Responsibility. This document significantly simplifies the process for the candidate, who can present it at Consular Posts/Embassies or Border Control Services to obtain a visa or residence permit for highly qualified workers.
- Focus on Innovation and Growth: By facilitating the entry of specialized labor, the program allows companies to focus on their core business, innovation, and their orientation towards external markets.
Compliance Requirements and the Essential Role of Accounting
The accreditation process requires the company to demonstrate solid financial health and fiscal and labor compliance. For a successful application, the management and support of FA ACCOUNTING prove to be fundamental.
The main requirements your company must meet are:
1. Legal and Financial Compliance
- Registration and Fiscal Status: Be legally registered in Portugal and prove that you do not have debts to Social Security and the Tax Authority. Maintaining this compliance is vital and is a primary area of action for our team.
- Proven Financial Health: Companies with more than three years of incorporation must present a positive result proven through the Simplified Business Information (IES), demonstrating stability and economic viability.
- Labor Compliance: It is mandatory to certify that the company does not have outstanding wages and is not classified as a company in the restructuring process.
2. Activity and Market Potential
- Vocation for Internationalization: The company must develop activities for the production of goods and services that have the potential to be internationalized.
- Positive Evaluation: The application is subject to an evaluation that prioritizes the company’s Market Potential and Orientation towards External Markets.
- Technical Qualification Area: The company must identify the preferred technical qualification area it intends to recruit, following the scope of the Tech Visa program and the National Catalogue of Qualifications.
Recruitment Limitations to Consider
Although the program opens doors to global talent, there are hiring limits established to ensure a balance in the national labor market:
- General Limit: Certified companies can hire up to 50% of their total staff under the Tech Visa program.
- Regional Incentive: For companies located in areas considered remote or peripheral, this limit is increased to 80% of the total staff, an incentive for the decentralization of investment.
Conclusion: Prepare Your Company for the Future
Tech Visa Accreditation is a unique opportunity for your company’s growth and internationalization. However, the success of the application depends on rigorous and unquestionable legal, fiscal, and labor compliance.
If your company intends to benefit from the Tech Visa, FA ACCOUNTING is prepared to ensure that all financial and compliance requirements are perfectly aligned with the program’s demands.
Contact us today to start the auditing and preparation process for your application. Attract the best talent and take the next step in your organization’s global growth.Tech Visa Accreditation: The Fast Track to Attracting Global Talent and Boosting Innovation in Portugal
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