Why Arbitrate in Portugal?
There are a number of reasons to chose Portugal as arbitral seat
- 250 million Portuguese speaking people (6th most spoken language)
- The Portuguese Civil Code still in force in Angola (except for the Family Law Chapter), Cape Verde, Guinea-Bissau, São Tomé e Príncipe, Mozambique
- The arbitration laws in Portuguese speaking countries generally follow the old Portuguese Arbitration Law (Law n.º 31/86 of 29 August 1986), except for Brazil and Guinea-Bissau
- Common language and shared cultural, historic, and legal backgrounds
- Investment opportunities in Portuguese speaking countries are bubbling, including in the energy and oil & gas sectors
- The "One Belt One Road" Chinese programme provides for a road from "Lobito" (Angola) to Dar-es-Salam
- Easily accessible: geography (which includes London time-zone) makes Lisbon the best seat for international arbitrations involving Portuguese speaking parties across the globe
- Friendly and safe country
- Comfortable direct (or just one-stop) connection flights from all over the world
- Stable environment, and a modern and robust legal framework
- Modern arbitration centres and state-of-the-art facilities to manage arbitrations and hold hearings
- Portuguese lawyers are internationally-oriented, drawing on a large pool of practitioners
- Arbitration is cost-efficient and tailored to the needs of the parties
