Portugal: Postponed deadline; certified invoicing software used by VAT-registered entities
Portugal: Certified invoicing software
The deadline for entities not established in but registered for value added tax (VAT) purposes in Portugal regarding the requirement to issue invoices by means of certified invoicing software has been postponed to 1 July 2021 (from the original deadline of 1 January 2021).
Beginning July 2021, the use of a certified invoicing software by these VAT-registered entities in Portugal will be mandatory whenever the supply of goods and services is considered to be located in the Portuguese territory and the amount of VAT to be paid is an obligation of the supplier.
Read an October 2020 report prepared by the KPMG member firm in Portugal
The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.