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.
Source Marosa
Latest Posts in "Portugal"
- Portugal Plans VAT Grouping Implementation in 2026
- Portugal to Implement VAT Grouping Regime for Businesses Starting July 2026
- Government Approves 6% VAT for Housing Construction Up to €648,000 Until 2029
- Portugal Approves VAT Group Simplification Law for Related Businesses Starting July 2026
- Portugal Plans 2026 Rollout of VAT Groups.