{"id":21996,"date":"2024-12-01T06:09:16","date_gmt":"2024-12-01T06:09:16","guid":{"rendered":"https:\/\/dev243.kodesolution.com\/stratify\/?page_id=21996"},"modified":"2025-06-29T20:40:22","modified_gmt":"2025-06-29T20:40:22","slug":"faq","status":"publish","type":"page","link":"https:\/\/limiscaelis.pt\/en\/faq\/","title":{"rendered":"FAQ"},"content":{"rendered":"
\n\t\t\t\t
\n\t\t
\n\t\t
\n\t\t
\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t
\r\n\t
\r\n\t\t\t\t\r\n\r\n
\r\n\t\t
\r\n\r\n\t\t\r\n\t\tClarify your most common tax questions as a self-employed professional.\n\t<\/div>\r\n\t<\/div>\t\t\t

\r\n\r\n\t\t\r\n\t\t\t\tIndependent Workers (ENIs)<\/span>\r\n\t\t\t\t\r\n\t\t\t\t\t\t\t\r\n\t<\/h2>\r\n\t
<\/div>\t\t\t\t\t\t<\/div>\r\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t
\r\n\t\r\n
\r\n
\r\n
\r\n What are the tax obligations of a self-employed worker in Portugal?<\/span>\r\n <\/path><\/svg><\/span>\r\n <\/h5>\r\n <\/div>\r\n
\r\n
\r\n

It is necessary to issue invoices or receipts, pay Social Security contributions, submit the periodic VAT declaration (if you are covered by the normal regime) and submit the annual IRS declaration.<\/p> <\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n

\r\n
\r\n
\r\n Is it mandatory to open an activity with the Tax Office?<\/span>\r\n <\/path><\/svg><\/span>\r\n <\/h5>\r\n <\/div>\r\n
\r\n
\r\n

Yes. To legally engage in self-employment, you must register on the Tax Portal or in person, indicating your CAE and tax classification.<\/p> <\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n

\r\n
\r\n
\r\n What is the simplified regime and how does it work?<\/span>\r\n <\/path><\/svg><\/span>\r\n <\/h5>\r\n <\/div>\r\n
\r\n
\r\n

Under this regime, taxable income is calculated based on a fixed percentage of turnover. It doesn't require organized accounting, but it does have legal limitations and assumptions.<\/p> <\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n

\r\n
\r\n
\r\n Is a self-employed person always subject to VAT?<\/span>\r\n <\/path><\/svg><\/span>\r\n <\/h5>\r\n <\/div>\r\n
\r\n
\r\n

No. If your annual turnover does not exceed \u20ac13,500, you can benefit from the exemption provided for in Article 53 of the VAT Code. Otherwise, you must charge and remit VAT.<\/p> <\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n

\r\n
\r\n
\r\n Is it necessary to pay Social Security even with reduced income?<\/span>\r\n <\/path><\/svg><\/span>\r\n <\/h5>\r\n <\/div>\r\n
\r\n
\r\n

As a general rule, yes. There are exemptions for the first 12 months of activity and in specific situations, but the obligation applies to most active cases.<\/p> <\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n

\r\n
\r\n
\r\n Is it possible to deduct expenses from Income Tax?<\/span>\r\n <\/path><\/svg><\/span>\r\n <\/h5>\r\n <\/div>\r\n
\r\n
\r\n

It depends on the tax regime. Under the simplified regime, the deduction is made automatically based on coefficients. Under organized accounting, actual expenses with valid documentation are considered.<\/p> <\/div>\r\n <\/div>\r\n <\/div>\r\n\t\t<\/div>\r\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t
\r\n\t
\r\n\t\t\t\t\r\n\r\n
\r\n\t\t
\r\n\r\n\t\t\r\n\t\tClear answers on taxation, accounting and legal obligations for companies in Portugal.\t<\/div>\r\n\t<\/div>\t\t\t

\r\n\r\n\t\t\r\n\t\t\t\tCompanies (Societies and Collective Businesses)<\/span>\r\n\t\t\t\t\r\n\t\t\t\t\t\t\t\r\n\t<\/h2>\r\n\t
<\/div>\t\t\t\t\t\t<\/div>\r\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t
\r\n\t\r\n
\r\n
\r\n
\r\n What are the main taxes owed by a company?<\/span>\r\n <\/path><\/svg><\/span>\r\n <\/h5>\r\n <\/div>\r\n
\r\n
\r\n

Companies are subject to paying IRPJ, VAT, withholding taxes and Social Security contributions for their employees, among other applicable taxes.<\/p> <\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n

\r\n
\r\n
\r\n Should a company hire a certified public accountant?<\/span>\r\n <\/path><\/svg><\/span>\r\n <\/h5>\r\n <\/div>\r\n
\r\n
\r\n

Yes. Organized accounting is mandatory for legal entities and must be performed by a professional certified by the Order of Certified Accountants (OCC).<\/p> <\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n

\r\n
\r\n
\r\n How does VAT management work in companies?<\/span>\r\n <\/path><\/svg><\/span>\r\n <\/h5>\r\n <\/div>\r\n
\r\n
\r\n

The company charges VAT on sales and deducts VAT on eligible purchases and expenses. The difference is calculated and declared monthly or quarterly, depending on the applicable VAT regime.<\/p> <\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n

\r\n
\r\n
\r\n What are the main tax deadlines to meet?<\/span>\r\n <\/path><\/svg><\/span>\r\n <\/h5>\r\n <\/div>\r\n
\r\n
\r\n

  • Periodic VAT declaration: by the 20th or 25th<\/p><\/li>

  • Social Security Contributions: until the 20th<\/p><\/li>

  • Form 22 (IRC): until May 31st<\/p><\/li>

  • IES\/DA: until July 15th<\/p><\/li><\/ul> <\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n

    \r\n
    \r\n
    \r\n Are all company expenses deductible?<\/span>\r\n <\/path><\/svg><\/span>\r\n <\/h5>\r\n <\/div>\r\n
    \r\n
    \r\n

    Only necessary expenses, duly documented and related to the company's activity are tax deductible.<\/p> <\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n

    \r\n
    \r\n
    \r\n How can a company optimize its tax burden?<\/span>\r\n <\/path><\/svg><\/span>\r\n <\/h5>\r\n <\/div>\r\n
    \r\n
    \r\n

    Through appropriate tax planning and ongoing monitoring by an experienced accountant, LimisCaelis provides this type of support with solutions tailored to the specific needs of each business.<\/p> <\/div>\r\n <\/div>\r\n <\/div>\r\n\t\t<\/div>\r\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

    \n\t\t\t\t\t
    \n\t\t
    \n\t\t
    \n\t\t
    \n\t\t
    \n\t\t\t\t
    \n\t\t\t\t
    \n\t\t\t\t\t
    \r\n\t\t\t\t
    \r\n\t\t\t\t\t\t\t\tDO YOU HAVE OTHER QUESTIONS?\r\n\t\t\t\t\t\t\t<\/h5>

    \r\n\t\t\t\t\t\t\t\tLimisCaelis - We Clarify\r\n\t\t\t\t\t\t\t<\/h2>
    \r\n\t\t\t\t\t\t\t\tSchedule a consultation with our team and get personalized answers for your situation.\r\n\t\t\t\t\t\t\t<\/div><\/div>\n
    \n

    <\/p>

      <\/ul><\/div>\n
      \n
      \n<\/fieldset>\n
      \n <\/span>\n \n<\/div>\n\n