Similar to other developed nations, Portugal has adopted electronic invoices, which are digital documents replacing paper invoices while retaining the same legal validity. The goal of electronic invoicing in Portugal is to enhance efficiency, reduce costs, and ensure transparency in commercial transactions. The integration of electronic invoicing has been gradual, with the following milestones:
- Since January 2020: The Portuguese Authorities have mandated the use of certified invoicing software for all transactions
- Since January 2019: Public administrators were obliged to receive e-invoices
- Since 31 December 2021: Portugal formally mandated B2G e-invoicing for large companies
- Since 1 January 2025: Portugal will formally mandate B2G e-invoicing for micro, small- and medium-sized companies
Therefore, from 1 January 2025, all suppliers who conduct business with the Public Administration must issue all invoice to the public sector entities in electronic format.
This evolution signifies the Portuguese government’s continuous efforts to digitize and modernize its fiscal processes.
Source VATit
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