Portugal

Portugal

Portugal

Boarding Spain and located on the Southern Westen Europe Iberian Peninsula, Portugal is the westernmost sovereign state in Midland Europe. Portugal consists of eighteen separate districts, each taking its name from the capital of the district, these are: Aveiro, Beja, Braga, Braganca, Castelo Branco, Coimbra, Evora, Faro, Guarda, Leiria, Lisbon, Portalegre, Porto, Santarem, Setubal, Viana do Castelo, Vila Real and Viseu. All of which Insight trans Logistics Ltd can be relied upon for punctual loading and unloading.

Stone and resources

Portugal is a country with very diverse and complex mineral resource and as a result has massive amount of mining within it. Opportunities for companies into these markets is possible to be obtained due to Portugal lacking the infrastructure to refine some of its resources, therefore making Portugal a great country to export to, which is why Insight Trans Logistics ltd have supported many customers in accessing these markets. Due to the high level of mining Portugal has a vast quantity of natural stone and ceramics, that Insight trans Logistics Ltd import on a regular basis.

Technology

In recent years Portugal has been a major European tech hub. The main telecoms operators in Portugal have made substantial investments in the development of a fibre-optics network, one of the best in Europe, over the last decade. They are now preparing for the next stage in innovation and co-development with other tech providers. This translates into further investments in areas such as 5G, Smart Cities, visualisation and digital experience, cloud services, data analytics, AI and Machine Learning. All of these technological advancements in Portugal have made it a vibrant place to seek business. Insight Trans Logistics ltd have enabled many clients to access this market.  

VAT

VAT is known as IVA in Portugal and the standard rate is currently 23%. Rates of 6% and 13% can also apply. The VAT rate for goods imported into Madeira and the Azores are 22% and 16% respectively.
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