While excited about the opportunities, he was worried about the complexities of managing international business finances, taxes, and compliance across two continents from a new business base in the Algarve. His concern was finding a business platform that could handle the intricacies of cross-border accounting, streamline his financial operations, and be compliant with Portugal's annual returns and reporting without overwhelming him with the administrative burden.

With a family to consider, Michael also needed a solution that would allow him to focus on growing his business while ensuring his personal finances and his wife's self-employed business could also use the platform and be well-managed in Portugal.