Description
Getting a VAT number in Portugal as a company owned by non-residents is a complex process. In order to apply for VAT number your company must have an accountant registered with the State Tax Inspection, who has the right to submit documents to the Tax Inspection.
Be prepared to provide following information:
- Main business activities in the country of origin
- Expected business activities in Portugal
- Agreements in place related to activities in Portugal
- Do shareholders have any other entities or associations in Portugal?
Included in the price:
- Drafting the VAT application
- Submitting the application to State Tax Inspectorate (STI)
- Answering the possible questions STI might ask*
Extra fee will be applied for document translation into Portugaln.
NB! Please note that as a VAT payer you are required to submit monthly declarations even if your company has no activities during that period.
*Included in the price is answering the questions for one time. If the application is denied or even more questions will be asked from STI additional fee of 50 euros will be added.
1) Can I also apply for VAT number before my company has reached the threshold?
Yes, it is possible. If you want to approve for VAT number before reaching the threshold be prepared to answer the questions from State Tax Inspectorate and ready to prove that you are engaged in business activities in Portugal and have according agreements in place.
2) What are the due dates for monthly declarations?
Salary – and tax declarations have to be submitted by 15th of the next month. VAT invoice register must be submitted by 20th and VAT declarations by 25th of the next month.
- DESCRIPTION
Getting a VAT number in Portugal as a company owned by non-residents is a complex process. In order to apply for VAT number your company must have an accountant registered with the State Tax Inspection, who has the right to submit documents to the Tax Inspection.
Be prepared to provide following information:
- Main business activities in the country of origin
- Expected business activities in Portugal
- Agreements in place related to activities in Portugal
- Do shareholders have any other entities or associations in Portugal?
Included in the price:
- Drafting the VAT application
- Submitting the application to State Tax Inspectorate (STI)
- Answering the possible questions STI might ask*
Extra fee will be applied for document translation into Portugaln.
NB! Please note that as a VAT payer you are required to submit monthly declarations even if your company has no activities during that period.
*Included in the price is answering the questions for one time. If the application is denied or even more questions will be asked from STI additional fee of 50 euros will be added.
- FAQ
1) Can I also apply for VAT number before my company has reached the threshold?
Yes, it is possible. If you want to approve for VAT number before reaching the threshold be prepared to answer the questions from State Tax Inspectorate and ready to prove that you are engaged in business activities in Portugal and have according agreements in place.
2) What are the due dates for monthly declarations?
Salary – and tax declarations have to be submitted by 15th of the next month. VAT invoice register must be submitted by 20th and VAT declarations by 25th of the next month.
