Portugal

Country	Portugal
Currency	Euro
EU Member State	Yes
Standard VAT rate	Mainland 23%/ Madeira 22% / Azores 18%
Reduced VAT rate	Mainland 13% and 6% / Madeira 12% and 5% / Azores 10% and 5%
VAT registration limit for established businesses	Nil
VAT registration limit for non-established businesses	Nil
VAT registration rate for distance sellers	35000 Euros
VAT return filing periods	Monthly or quarterly
Annual returns	Yes
Intrastat thresholds: dispatches and arrivals	250000 Euros for dispatches/35,000 Euros for arrivals
EC Sales Lists frequency	Monthly or Quarterly
Additional reporting requirements	Yes, an annual declaration of all supplies exceeding 2,5000 Euros
VAT recovery by non-established non-EU businesses	Only if reciprocity agreement exists
Reverse Charge	Yes for the majority of cross border activity
Fiscal representative required for non-EU businesses	Yes
Statute of limitations	4 years