RFAI
The RFAI is a tax benefit that allows companies to deduct up to 30% of their investment in non-current assets
The Investment Support Tax Scheme (RFAI) is an instrument to support productive investment, which finances expenditure on tangible and intangible assets falling into one of the following categories:
- Creation of a new establishment.
- Increasing the production capacity of an existing establishment.
- Diversification of an establishment's production with regard to products not previously manufactured in that establishment
- Fundamental change to the overall production process of an existing establishment
Who can apply?
Any company belonging to the extractive and manufacturing industries, catering, ICT or tourism.
Companies with organized accounting, where their taxable profit is not determined by indirect methods.
Companies that do not owe the Tax Authority or Social Security.
Companies that make a significant investment that will create jobs and maintain them until the end of the minimum period of the assets being invested in.
What is the tax benefit?
- In the case of investments made in the North, Center, Alentejo, Azores and Madeira regions.
- 30% on eligible investments, up to a maximum investment of 15 million euros.
- 10% on eligible investments, for investments over 15 million euros.
- In the case of investments made in the Algarve, Greater Lisbon and the Setúbal Peninsula (10%).
- In addition, the RFAI allows for total or partial exemption from taxes, such as IMI (Municipal Property Tax) for a period of 10 years; IMT (Municipal Property Transfer Tax), and Stamp Duty.
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