a) ‘Annual turnover in the national territory’ means the total annual value of supplies of goods and services, net of VAT, made by a taxable person in the national territory during a calendar year;
a) ‘Volume de negócios anual em território nacional’, o valor total anual das transmissões de bens e prestações de serviços, líquido de IVA, efetuadas por um sujeito passivo no território nacional durante um ano civil;
b) ‘Annual turnover in the European Union’ means the total annual value of supplies of goods and services, net of VAT, made by a taxable person in the territory of the European Union during a calendar year;
b) ‘Volume de negócios anual na União Europeia’, o valor total anual das transmissões de bens e prestações de serviços, líquido de IVA, efetuadas por um sujeito passivo no território da União Europeia durante um ano civil;
c) ‘Taxable person established in the national territory’ means a taxable person having its seat or domicile in the national territory.
c) ‘Sujeito passivo estabelecido em território nacional’, um sujeito passivo com sede ou domicílio em território nacional.
The three definitions (annual turnover in the national territory, annual turnover in the European Union, both net of VAT and per calendar year, and taxable person established in the national territory) are retained.
We register foreign-owned companies for VAT, set up invoicing, file periodic returns and recapitulative statements, and check place-of-supply and exemption positions, in English. A written answer and a fixed quote within one working day.
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.