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IMT for companies in Portugal (2026): rates and calculator

Updated for the 2026 tax changes

Since 25 May 2026, non-resident companies buying residential property pay 7.5% flat IMT — IMT: Imposto Municipal sobre as Transmissões Onerosas de Imóveis, Portugal’s property transfer tax (Decree-Law 97/2026) — unless domiciled in a tax haven (10%).

Can a company get primary residence rates?

No. Companies cannot claim HPP (primary permanent residence) rates regardless of intended use. Company purchases always use secondary/investment rates or special flat rates.

Common company scenarios

Investment properties for rental and property holding companies follow the non-HPP residential brackets. Commercial premises, offices, and corporate headquarters are taxed at the flat 6.5% rate for other urban property — select 'Other urban' in the calculator's Advanced mode. One more common corporate case: buying for resale (aquisição para revenda) can be fully IMT-exempt under art. 7.º CIMT when the company's registered activity is property resale and the property is resold within 3 years — an exemption this calculator does not model.

Special rates for companies

Urban non-residential: 6.5% flat rate. Rustic land: 5% flat rate. Tax haven entities: 10% flat rate. Standard residential rates apply to urban dwellings purchased by companies.

Property TypeIMT Rate (mainland)
Urban residential (housing)Progressive housing table: 1–8%, then flat 6% (€633,931–€1,150,853) and 7.5% above
Urban residential — non-resident company (since 25 May 2026)7.5% flat
Urban non-residential (commercial)6.5% flat
Rustic land5% flat
Tax haven entity10% flat (overrides the rates above)

In the Azores and Madeira the housing bracket thresholds are 25% higher (Law 21/90): the flat 6% band runs from €792,414 to €1,438,566, and 7.5% only applies above that. The flat 6.5%, 5% and 10% rates are the same nationwide. The 10% tax-haven rate overrides all of the above — it also applies to rustic and commercial property (art. 17.º(4) CIMT): a €500,000 plot of rustic land costs €25,000 for an ordinary company and €50,000 for an offshore entity.

On top of IMT, the purchase pays Stamp Duty of 0.8% on the same taxable base (verba 1.1 TGIS). The IMT Jovem stamp-duty deduction does not apply to legal persons, so a company pays the 0.8% in full. If the purchase is financed, the loan stamp duty is added (0.6% for terms of 5 years or more) plus 4% on bank fees (verba 17.3.4).

Refund of the difference (anulação) for companies

For legal persons only the moderate-rent route is available (up to €2,300/month in 2026, for at least 36 months); the become-tax-resident-within-2-years route applies to individuals only. The request is filed with the Tax Authority within 6 months of the qualifying event — AT procedural guidance for corporate buyers has not yet been published.

Open the calculator with the right scenario preset:

The resale-acquisition exemption (art. 7.º CIMT) is not modelled by the calculator.

Tax haven / blacklist jurisdiction rule

If the purchasing company is domiciled in a jurisdiction on Portugal's tax haven blacklist — or is directly or indirectly controlled by an entity domiciled there (art. 17.º n.º 4 al. b) CIMT) — IMT is charged at a flat 10% regardless of property type or value, and no exemption or reduction applies.

Important
The 10% flat rate applies regardless of property value or type when the buying company is domiciled in a blacklisted jurisdiction. On a €500,000 purchase that means €50,000 of IMT instead of €27,300.11 — €22,699.89 more.

How to calculate: use Advanced mode

  1. In Advanced mode, select 'Company' as the buyer type.
  2. If the company is not tax-resident in Portugal, also tick 'Non-tax-resident buyer' — only then does the calculator apply the flat 7.5% on residential property; without it the progressive brackets are used and the result comes out about €10,000 short on a €500,000 purchase.
  3. If applicable, tick 'Tax haven jurisdiction' to apply the 10% rate.
  4. For non-residential purchases, choose 'Other urban (6.5%)' or 'Rustic land (5%)' as the purpose.

Frequently Asked Questions

No. Companies cannot claim HPP (primary residence) rates. HPP rates are only available to individuals who will use the property as their own permanent residence.

The list is set by Portaria n.º 150/2004 in its current consolidated wording. It includes well-known tax havens like BVI, Cayman Islands, and Panama — note that Hong Kong, Liechtenstein, and Uruguay were removed from the list with effect from 1 January 2026. Always check the current list before structuring a purchase.

It depends on your situation. Companies miss out on HPP rates and IMT Jovem benefits. However, there may be advantages for commercial properties, estate planning, or liability protection. Consult a tax advisor.