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Portugal Enhances R&D Tax Credits with 32.5% Base Rate and 50% Incremental Incentive
Portugal introduces a 32.5% base tax credit for R&D expenses, plus 50% incremental credit for increases over the previous two-year average, capped at €1.5 million.
Portugal has strengthened its R&D tax incentives for 2026, offering a base credit of 32.5% for eligible research and development expenses. Additionally, companies can claim an incremental 50% credit for increases in R&D spending over the previous two-year average, capped at €1.5 million. This move aims to accelerate innovation and position Portugal as a global hub for tech and scientific advancement.