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
Essentia Global Services – European / International / Global vat tax compliance consultants and management agents.
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We are specialists in global indirect tax management. We help businesses to manage their worldwide compliance with respect to VAT/GST and similar taxes, effectively and economically. Essentia Global Services – European / International / Global vat tax compliance consultants and management agents. Essentia also provides VAT Training Courses and an EU VAT Number Lookup Platform. VAT Global Management & International VAT Registration.