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.
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.
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