| Name of local VAT: |
IVA |
| Tax rate: |
17%, reduced 5% |
| Deadline for annual submission: |
30 June of the year following the year when the expenses were incurred. |
| Minimum limits, stipulated by the law: |
Quarterly VAT: Esc 32.000
Yearly VAT: Esc 4.000 |
| Application form: |
The application must cover a period of at least 3 months but not more than a calendar year. Claims can cover less than three months provided it is the remainder of the calendar year (e.g. Nov-Dec, Dec). |
| Invoices: |
The application has to be supported by all the original invoices and or customs documents in Portuguese. |
| Tax certificate: |
The application has to be supported by a certificate of taxable status issued by the EU member country.
Non-EU taxable persons have to send in a certificate from the official authority in the trader’s own country showing that he is registered for business purposes in that country. |
| Non-refundable VAT: |
Accommodation expenses
Food and drink
Entertainment expenses
Petrol
Diesel is partly refundable (50%)
Car rentals and car repairs
Transportation
Motorway taxes |
| Special rules: |
Reciprocity for non-EU companies is applied. |
