- Portugal’s new VAT Group regime (Law No. 62/2025) takes effect from 1 July 2026.
- The parent entity is responsible for reporting and paying the group’s consolidated VAT; all members are jointly liable.
- To qualify, the parent must hold at least 75% of share capital and over 50% of voting rights; all members must have a permanent establishment in Portugal and stay in the group for at least three years.
- VAT credits and liabilities are offset within the group, with credits carried forward or refunded.
- Each member must fulfill individual reporting obligations, and entities can only join one VAT Group.
Source: regfollower.com
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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