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Portugal Tax Information

23% IVA (standard)

IVA is 23% standard (mainland), 13% reduced, 6% super-reduced. Different rates in Azores/Madeira.

Bookkeeper Services to Invoice

  • Monthly bookkeeping
  • Bank reconciliation
  • Accounts payable
  • Accounts receivable
  • Payroll support
  • Financial reports
  • Catch-up bookkeeping

Invoice Requirements in Portugal

NIF number
Business address
Client NIF
Invoice number
IVA breakdown
Total

Payment Terms

Monthly retainer paid in advance. Catch-up projects 50% deposit.

Pronto pagamento30 dias60 diasFim do mês

Payment Methods in Portugal

Transferência bancáriaMB WayPayPalCartão de crédito

Bookkeeper Invoice Tips

  • Specify period covered
  • Include transaction count
  • Note software used
  • Reference deliverables
  • Document hours if applicable

Frequently Asked Questions

What tax rate applies to bookkeeper invoices in Portugal?

Portugal has 23% IVA (standard). IVA is 23% standard (mainland), 13% reduced, 6% super-reduced. Different rates in Azores/Madeira.

What payment methods are common for bookkeepers in Portugal?

Common payment methods in Portugal include: Transferência bancária, MB Way, PayPal, Cartão de crédito. Monthly retainer paid in advance. Catch-up projects 50% deposit.

What should bookkeeper invoices include in Portugal?

Your invoice should include: NIF number, Business address, Client NIF, Invoice number. For bookkeeper services specifically, also include: Monthly bookkeeping, Bank reconciliation, Accounts payable.

How to price bookkeeping?

Monthly flat fee based on transaction volume. $300-2000/month typical for small business.

Charge for catch-up work?

Hourly or per-month-behind rate. Catch-up is intensive work, price accordingly.

What IVA rates apply?

Mainland: 23%, 13%, 6%. Azores: 16%, 9%, 4%. Madeira: 22%, 12%, 5%.