What changes in Portugal on Jan 1, 2024?

Invoicing

• PDF invoices in Portugal must include a qualified electronic signature in order to be considered valid
• Electronic and PDF invoices must include a digital signature
• Portugal non-residents: digital invoice ATCUD delayed to January 2024

VAT Rates

• Portugal extends VAT rate cuts on essential food items until 2024

VAT Registration

• Registration threshold for established companies will progressively increase from 2023 to 2025

SAF-T

• SAF-T Billling due on the monthly basis by the 5th day of the month as of 2024
• SAF-T Accounting file postponed to January 2024 in Portugal. The Portuguese tax authority has announced the news on the postponement of the necessary submission of the SAF-T Accounting file for the fiscal year 2023. Instead, the obligation is postponed to 1 January 2024. Submitting the SAF-T Accounting file will only be required in 2025 pertaining to the 2024 tax year.