Vat number portugal

vat number portugal

What is the VAT number in Portugal?

All EU member states have a fixed format for their VAT numbers. In Portugal, it includes 9 digits and prefix PT, where the first digit for companies should be number 5 (e.g., PT501234567). The standard VAT rate in Portugal is 23%, with reduced rates of 13% and 6% on certain goods and services.

How do I get a tax ID number in Portugal?

How to obtain your Taxpayer Number in Portugal Getting a Taxpayer Identification Number is simple and quick. You can ask for one at any branch of the Tax Authority, or at a Citizen’s Office [Loja do Cidadão]. The situation differs, however, depending on whether you are a resident of an EU country, Iceland and Norway or from somewhere else.

How to verify Portuguese VAT IDs on vies?

Even though data on com­pa­nies from Portugal is avail­able on VIES, the system is regularly overloaded during busi­ne­ss hours. Use VATify.eu to verify Portuguese VAT IDs and schedule daily monitoring, or: Verify now! When a change with a particular com­pany is noted, a notification with registered changes will be sent to you.

What are the requirements to apply the zero VAT rate?

From 1 January 2020 the valid VAT number of the customer is a material requirement to be able to apply the zero VAT rate for intra-Community supplies of goods in the EU. If the customer’s VAT number is not valid, 0% VAT rate cannot be applied. Companies must make sure that the VAT numbers of their customers are checked.

What are the VAT rates in Portugal?

A standard rate of 23% applies, together with an intermediate rate of 13% and a reduced one of 6%. Different rates apply in the autonomous regions of Portugal: 22%, 12% and a lower rate of 5% in Madeira and rates of 18%, 9% and 4% in the Azores. Service providers and suppliers are required to register for VAT purposes in Portugal.

What is the meaning of VAT number?

VAT identification number. A value added tax identification number or VAT identification number ( VATIN) is an identifier used in many countries, including the countries of the European Union, for value added tax purposes. In the EU, a VAT identification number can be verified online at the EUs official VIES website.

What is the corporate tax rate in Portugal?

The standard corporate tax rate in Portugal is set at 21% and it is applicable to the profits of the companies established in Portugal, with the exception that small firms are subject to a different tax regime. For example, for the first Eur 15,000 taxable income, a corporate tax rate of 21% applies.

Who can have a VAT number starting with EU?

Foreign companies that trade with private individuals and non-business organisations in the EU may have a VATIN starting with EU instead of a country code, e.g. Godaddy EU826010755 and Amazon ( AWS) EU826009064. From 1 January 2020 the valid VAT number of the customer is a material requirement to be able to apply the zero VAT rate ...

How do I verify a VAT number with vies?

VAT number validation request with the VIES website If you have a VAT number yourself, you can enter it in the fields underneath. This will additionally request a unique reference number which is a piece of evidence showing that you have validated a given VAT number on a given date. Click the Verify button to obtain a response:

How to validate the VAT number of any company in Europe?

I came across this very useful EU website, where you can validate the VAT number of any company in the EU. For VIES reports it’s a must. Just follow the instructions and leave no spaces between the VAT numbers. Just choose from the drop down menu’s. You enter your own companies VAT number and choose the country where your company is registered.

What is vies (VAT Information Exchange System) on-the-web?

Q1 : What is VIES (VAT Information Exchange System) on-the-web? It is an electronic mean of validating VAT-identification numbers of economic operators registered in the European Union for cross border transactions on goods or services. Q2 : How is this information obtained?

Can I get data from Portugal on vies?

Even though data on com­pa­nies from Portugal is avail­able on VIES, the system is regularly overloaded during busi­ne­ss hours. Use VATify.eu to verify Portuguese VAT IDs and schedule daily monitoring, or:

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