Portugal now applies a 0% VAT rate to 44 so-called basic necessities. These are food products, fruits (pears, apples, bananas, etc.), vegetables (onions, tomatoes, broccoli, etc.), fish (cod, sardines, hake, etc.), meats(beef, chicken, turkey, etc.) and other products(eggs, butter, etc.) The measure takes effect in April 2023 and expires on October 31, 2023.
The Portuguese tax authorities published a guide to VAT for non-resident taxpayers doing business in Portugal.
The non-resident taxpayers covered by this guide are companies that do not have their registered office, permanent establishment or domicile in the Portuguese national territory and that have an economic activity in the territory.
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António Mendonça Mendes, the Portuguese Secretary of State for Tax Affairs announced on May 24, 2022 by decree(Despacho n°49/2022-XXIII) that invoices in PDF format will continue to be considered as electronic invoices until December 31, 2022. As a reminder, since July1, 2021, companies registered for VAT in Portugal must have a certified electronic invoicing software(see...
Since July 1st 2021, companies registered for VAT in Portugal must use certified electronic invoicing software in certain cases (see the previous news item on this subject). By a decree on 27th July 2021 (Despacho No. 260/2021-XXII), it was clarified that “PDF invoices shall be considered as electronic invoices for all purposes provided for by...
Depuis le 1er juillet 2021, il est nécessaire dans certains cas pour les sociétés immatriculées à la TVA au Portugal de disposer d’un logiciel de facturation électronique certifié (voir actualité récente sur le sujet). A decree dated 27th July 2021 (Despacho No. 260/2021-XXII) clarified that “PDF invoices shall be considered as electronic invoices for all...
Following the One Stop Shop reform that came into force on July 1st 2021, impacting the various player in the e-commerce chain (e-sellers,marketplaces, dropshippers etc), the tax and customs authority (autoridade tributária e aduaneira) has issued a series of circular letters: Ofício Circulado N.º: 30238 2021-06-25 : regarding regulations for e-commerce and distance selling; Ofício...
From July 1st, 2021, foreign companies who are registered for VAT in Portugal must use an electronic invoicing software certified by the Portuguese authorities if any of the following apply: The taxable person’s turnover in the previous calendar year exceeded EUR 50,000, or if the taxable person is starting up a business and the reference...
Order 194/2021-XXII from the Portuguese Secretary of State for Fiscal Affairs (SEAF) and Circular No. 30237 dated 22nd June 2021 from the Portuguese Tax Authorities, announced that the standard VAT rate has been reduced from 18% to 16% in the Azores from 1st July 2021.
On February 3rd 2020, the Portuguese Tax Authorities issued circular No. 30218/2020 providing clarification on what proof is required for shipping or transporting goods when applying for VAT exemptions on Intra-Community transactions of goods. It also specifies what documentation must be kept either by taxable persons transferring goods under the simplified consignment stock scheme or...
On October 2nd 2019, the Portuguese Tax Authorities published the general guidelines for the new invoicing rules. These confirmed that even companies without a permanent establishment in Portugal who are established within the EU will be required to issue invoices using certified software, from 1st January 2021. From 1st January 2020, this obligation also applies...
