- Mandatory B2G eInvoicing: Since January 2021, large businesses in Portugal are required to use eInvoicing for transactions with government entities, with this mandate extending to small and medium-sized enterprises (SMEs) by January 2025. There is currently no requirement for eInvoicing in B2B or B2C transactions, allowing businesses to use traditional formats.
- Compliance with European Standards: Portugal implements the European eInvoicing standard (EN 16931) through its national version, CIUS-PT, ensuring compatibility across systems. The country employs a VAT real-time reporting system, where all taxpayers must submit invoice data monthly, enhancing compliance and transparency.
- Operational Framework: The Portal BASE serves as the central platform for managing eInvoicing in public procurement, facilitating various transmission methods for invoices. From January 2026, PDF invoices will require a Qualified Electronic Signature (QES), and by 2027, compliance with the Standard Audit File for Tax (SAF-T) will be mandatory for all companies, streamlining audit processes and financial reporting.
Source ec.europe.eu
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
