Success achieved

Incorporation of a company dedicated to artificial intelligence for young creators

In September 2026, the firm advised on the incorporation of a Portuguese company that intends to develop artificial intelligence tools and a collaborative programme for young people around the world.

What this project represents

The project stems from the belief that young AI talent exists everywhere, but that there are too few places where it can grow and gain visibility. The initiative is built around an international collaborative programme, open to young people from different backgrounds and geographies, with a purpose of positive impact. It relies on a core technology tool, developed in the United States, which will support the participants’ work.

This is a project with an international outlook from the outset, with participants and partners in several jurisdictions, which raises specific legal structuring challenges.

Our role

The firm advised on the legal structuring of the project and on the incorporation of the company, working closely with the founders to build a framework suited to an international initiative and its growth ambitions.

We wish the founders every success in this new chapter.

Corporate Law Team

Success achieved

Public-interest status granted to a foundation we advise

A Portuguese foundation we have the privilege of advising was recently granted, in July 2026, public-interest status, by order of the Minister of the Presidency published in the Diário da República, 2nd series. The status was granted for the maximum period set out in the Framework Law’s general rule — ten years — under Law no. 36/2021, of 14 June.

What public-interest status represents

The granting of this status constitutes the State’s formal recognition that a private legal person pursues, on a continuous basis and without a markedly profit-making character, aims of general interest that cooperate with the Public Administration in achieving its own goals.

This recognition translates into a significant seal of institutional credibility, with concrete effects across several dimensions of the entity’s life. From a tax standpoint, it notably allows access to corporate income tax (IRC) exemptions on income directly derived from carrying out the activities corresponding to its statutory purposes (Tax Benefits Statute), as well as qualification as an entity eligible for patronage purposes, with the corresponding increase in tax relief on donations made by individuals and legal persons. From a fee and registry standpoint, it opens the door to exemptions and reductions provided for in the Registries and Notary Fees Regulation. It also brings benefits regarding court costs and specific arrangements for access to the public radio and television service, under the terms of the law. Beyond these legal and financial advantages, the status represents a substantial boost to the confidence of donors, institutional partners and beneficiaries.

The procedure is demanding: it requires filing the request with the State Legal Centre (CEJURE), cumulative proof of the legal requirements set out in Article 8 of the Framework Law, financial and asset analysis of the accounts for recent years, favourable opinions from the municipal councils in whose territory the entity operates, and confirmation that granting the status does not affect competition in any active market.

The decision

In this case, the Administration recognised the merit of the Foundation’s continued work in promoting education and teaching, culture, and social solidarity. The proposal for approval, upheld in the final decision, highlighted the Foundation’s institutional solidity, organisational stability, and the consistency between its statutory purposes and the activity actually carried out over the years.

Our involvement

The firm supported the process at every stage — from preparing the initial request and organising the supporting file, to responding to the request for clarification and the prior hearing of interested parties — working closely with the Foundation’s governing bodies and with CEJURE.

To everyone who gives life to the Foundation, we extend our institutional congratulations.

Foundations Law Team