General IRC rate cut to 19% in 2026 (18% in 2027, 17% in 2028)
Summary
The general IRC rate fell from 21% to 19% for 2026 tax periods. The simplified SME regime stays at 15% on the first €50,000 of taxable profit. Staged cuts: 18% in 2027 and 17% in 2028.
What this means for you
Every company subject to IRC benefits. The gap between mainland IRC (19%) and the IBC Free Trade Zone (5%) remains significant, but narrower.
Pages affected by this change
Source: PwC Portugal - OE 2026