How to Manage VAT After Registration in Portugal

For businesses involved in international trade, VAT reporting in Portugal can be more complex. The VAT rules for imports and exports are different from those for domestic transactions, and businesses must be aware of the various exemptions and rates that apply. Exports are typically exempt from VAT, while imports are subject to VAT at the standard rate.

Businesses must ensure they correctly report VAT on international transactions in their VAT returns. This includes accurately applying VAT to goods and services imported into Portugal and ensuring that VAT is not charged on exports. It’s important for businesses to maintain proper documentation for international transactions, such as customs declarations, to support their VAT reporting and compliance efforts.

Apply for Portuguese VAT