The Republic of Portugal is a small state situated in the southwest of continental Europe. It occupies a small part of the Iberian Peninsula and is bordered by the Atlantic Ocean. Portugal is a member of the European Union, with the euro as its official currency.
The country welcomes foreign investment, offering entrepreneurs certain tax benefits, along with special economic zones such as Madeira and Azores, providing favourable conditions for business activities. Portugal’s economy is classified as developed, with its foundation resting on industries such as mining, metallurgy, mechanical engineering, and agriculture, as well as services like tourism. In recent years, there has been significant growth in renewable energy sources, with a strong push to encourage enterprises focusing on innovative ideas and technologies.
