E-invoicing requirements for established and non-established companies in Portugal
The tax authorities of Portugal have confirmed that the electronic issuance of invoices will be mandatory in Portugal, for both established and non-established companies. For established companies, this requirement will come into effect on 1 January 2020 and on 1 January 2021 for non-established companies.
What are the criteria for electronic invoicing in Portugal?
For both established and non-established companies, the use of a certified invoicing programme by the Tax Authorities will be required when one of the below conditions is met:
- In the previous year, turnover exceeds €50,000.
- The entity has organised accounting in Portugal.
- The entity is already using invoicing software.
What is the invoice processing requisite?
For non-established entities, the Tax Authorities have given guidance relating to the invoice processing requisites:
- Invoices (and national transport documents) must have a QR barcode and a unique document code from 1 January 2020.
- Invoices (and national transport documents) must be issued sequentially within one or more series and each series must be kept by a minimum period of 1 year.
- Invoices (and national transport documents) should be kept in a database – this includes credit notes.
What are the deadlines for implementing electronic invoicing in Portugal?
- For large enterprises, e-invoicing in Portugal is mandatory as of 1 January 2021.
- For small to medium sized companies, the deadline date for electronic invoicing is 1 July 2021.
- For non-established businesses operating in Portugal, the e-invoicing deadline is 1 July 2021.
- For micro enterprises and public entities, e-invoicing will be introduced on 1 January 2022.
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