Electronic invoicing for taxpayers is becoming a mandatory issue for companies throughout the world. The latest study on...
e-Invoicing in Portugal
In 2008, Portugal’s General Directorate for Contributions and Taxes (DGCI) launched a project for the electronic declaration of invoices, transport documents and accounting activities in XML format called SAF-PT. On one hand, the Portuguese administration requires that these three types of electronic documents be sent in a mandatory way: electronic accounting reports, electronic VAT declarations and electronic transport documents.
Electronic invoicing will be mandatory for e-Procurement processes in Portugal from 2020. The Public Administration Shared Services Entity, eSPAP, will be the coordinating body for the rollout of e-invoicing in Portugal.
- Mandatory adaptation of public administrations: By 18/04/2019, Portuguese public administrations and institutions should have their information systems adapted to the e-Invoicing model. This deadline extends until 04/18/2020 in the case of local public administrations.
- Requirement for suppliers (large companies): The deadline for e-Invoicing issuance by this group of companies is April 2020.
- Requirement for SMEs and micro-businesses: The deadline for adoption by companies not assigned to the previous group is 31/12/2020.
Other electronic requirements
- As of July 1, 2018, systems must be able to record the necessary information to generate accounting files and companies must declare all accounting activity electronically in SAFT-PT format to the tax authority.
- Electronic VAT declaration became mandatory in April 2014.
- It is required that VAT taxpayers inform the Portuguese Tax and Customs Authorities (AT) about the transport of documents prior to the movement of goods.