1. Failure by the company to comply with the duty to keep an up-to-date register of the identification details of the beneficial owner constitutes an administrative offence punishable by an administrative fine of EUR 1,000 to EUR 50,000.
1 - O incumprimento pela sociedade do dever de manter um registo atualizado dos elementos de identificação do beneficiário efetivo constitui contraordenação punível com coima de (euro) 1 000 a (euro) 50 000.
2. The administrative offence provided for in the preceding paragraph is subject to the regime for administrative offences laid down in Law No. 83/2017 of 18 August and, subsidiarily, to the general regime of administrative offences set out in Decree-Law No. 433/82 of 27 October, as amended by Decree-Laws Nos 356/89 of 17 October, 244/95 of 14 September and 323/2001 of 17 December, and by Law No. 109/2001 of 24 December.
2 - À contraordenação prevista no número anterior é aplicável o regime dos ilícitos contraordenacionais previsto na Lei n.º 83/2017, de 18 de agosto, e, subsidiariamente, o regime geral do ilícito de mera ordenação social, constante do Decreto-Lei n.º 433/82, de 27 de outubro, alterado pelos Decretos-Leis n.os 356/89, de 17 de outubro, 244/95, de 14 de setembro, e 323/2001, de 17 de dezembro, e pela Lei n.º 109/2001, de 24 de dezembro.
The fine range of EUR 1,000 to EUR 50,000 and the primary application of Law No. 83/2017 with Decree-Law No. 433/82 applying subsidiarily are retained.
We file initial RCBE declarations, updates and annual confirmations for Portuguese companies with foreign owners, and map the ownership chain so the beneficial owner is identified correctly. Fixed fee, done in English.
Unofficial English translation prepared by BCA Portugal for reference. Only the Portuguese text published in the Diário da República has legal force. Editorial notes are ours and are not part of the statute.