- Portugal is adapting its e-invoicing and e-reporting framework to meet the VAT in Digital Age VIDA requirements by 2030
- The secretary of state for tax affairs announced that efforts to modify the finance system for VIDA compliance have already started
- Current Portuguese e-invoicing system includes certified invoicing software requirements since 2021, mandatory B2G e-invoices, and SAF-T file generation since 2013
- B2G e-invoicing started with large taxpayers in 2021 and will cover all taxpayers by 2026, while SAF-T accounting file submission becomes mandatory in January 2027
- Expected changes under VIDA will affect cross-border B2B transactions and include real-time reporting requirements
Source: p2pnetwork.org
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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