Portugal — Business: Single-Member Limited Company (Sociedade Unipessoal por Quotas)
The Sociedade Unipessoal por Quotas is Portugal's single-member limited liability company, owned entirely by one individual or corporate entity holding 100% of the share capital. Unlike a true sole proprietorship, liability is limited to the company's assets rather than the owner's personal estate. This is the standard structure used by solo entrepreneurs in Portugal who want liability protection.