Portuguese SAF-T is mandatory for non-established businesses: the 2022 State Budget is approved.
SAF-T reporting will become mandatory for all VAT registered companies – including foreign businesses following the approval of the State Budget in Portugal.
9 June, 2022
Foreign companies issuing invoices under the certified billing software will need to communicate monthly the invoices issued with their Portuguese VAT number according to the SAT-T reporting.
Portuguese State Budget 2022 was finally approved last May 2022, after the initial postponement and new elections held in the country. This State Budget contains the extension of the SAF-T reporting to all taxpayers registered for VAT purposes in Portugal – this includes foreign businesses.
You will find our initial article on the topic under the following link.
Get in touch!
Contact one of our tax technology experts to see a demo of our invoicing and SAF-T tool in Portugal.