Vat number portugal

vat number portugal

What is the standard VAT rate in Portugal?

The standard VAT rate in Portugal is 23%, with reduced rates of 13% and 6% on certain goods and services. Some services are exempt from Portuguese VAT, such as intra-community supplies of goods and exportations. All businesses with Mexican VAT number must submit periodic VAT reports and payments.

How to verify Portuguese VAT IDs on vies?

Even though data on com­pa­nies from Portugal is avail­able on VIES, the system is regularly overloaded during busi­ne­ss hours. Use VATify.eu to verify Portuguese VAT IDs and schedule daily monitoring, or: Verify now! When a change with a particular com­pany is noted, a notification with registered changes will be sent to you.

What is the deadline for the payment of the Portuguese VAT?

The deadline for the payment of the Portuguese VAT has been amended ( see our VAT news 06/2019 ): the taxpayers now have an additional 5 days in order to transfer the money to the bank account of the Portuguese Authorities. The deadlines for filing the Portuguese VAT returns remain however unchanged.

Why is it important to use the correct format for VAT?

It is important that companies take close care in using the correct format as the numbers are frequently checked against the VIES system, and errors may create delays or even fines. Country codes, two letters, are inserted before the VAT number if the company is using the number for the purposes of intra-community trade.

What is the VAT rate in the Portuguese islands?

There are also different VAT rates applicable in the Portuguese Islands (Azores and Madeira). In Azores the standard VAT rate in Portugal is 18%, with reduced rate of 5% and intermediate rate of 10%. In Madeira the standard VAT rate in Portugal is 22%, the reduced rate is 5% and the intermediate rate is 12%.

What is the tax rate in Portugal?

a standard rate of 23% in mainland Portugal, 18% in the Autonomous Region of the Azores and 22% in the Autonomous Region of Madeira for all remaining goods and services. For more information, please refer to Article 18 of the Value Added Tax (VAT) Code.

What is the VAT rate in Madeira?

In Madeira the standard VAT rate in Portugal is 22%, the reduced rate is 5% and the intermediate rate is 12%. Companies with a Portuguese VAT number must submit regular returns detailing all taxable supplies (sales) and inputs (costs).

What are the VAT rules for foreign traders in Portugal?

Foreign traders who have a non-resident VAT registration in Portugal must comply with the local rules on accounting, invoices and VAT rates. This includes: Preparing invoices with the disclosure details outlined in the Portuguese VAT Code.

A VAT ID number that is not valid doesnt (always) mean the company doesnt exist, but that its not registered for VAT at the given moment. Does VATapp.net provide proof of VAT number validation? No. VATapp.net does not provide any proof of validation.

What are the new deadlines for VAT payments in Portugal?

New deadlines for VAT payments in Portugal As from the fourth quarter of 2019, taxpayers in Portugal will have additional time to make VAT payments on monthly and quarterly VAT returns. VAT submission deadlines have not changed. 5 November, 2019

What are the due dates for filing a VAT return?

Submission due date: 15 th of the second following month Payment due date: 20 th of the second following month. If any of these deadlines fall on a weekend or bank holiday, the due date is shifted to the next working day. For example, the fourth quarter 2019 VAT return must be submitted by 15 th February and paid by 20 th February.

What does the extended deadline for VAT filing and payment mean?

The extended deadlines for VAT filing and payment aim to support taxpayers who are affected by the challenges that the coronavirus pandemic has caused. The order states that invoices in PDF format considered as electronic invoices for tax purpose, must be accepted until 30 June 2022 (extended from 31 December 2021).

What is the deadline for the VAT payment in 2021-2022?

Reporting periods November and December 2021, Q4 2021 and Q1 2022: the deadline for the VAT payment is extended to the 25th day of the second month following the reporting period. If the deadline falls in a weekend or non-working day, the deadline is extended to the next working day. These deadlines were already changed in the past.

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