{"id":4278,"date":"2022-05-13T16:51:26","date_gmt":"2022-05-13T16:51:26","guid":{"rendered":"https:\/\/reisreis.pt\/?p=4278"},"modified":"2023-01-20T12:27:21","modified_gmt":"2023-01-20T12:27:21","slug":"fiscal-representative-when-is-it-needed","status":"publish","type":"post","link":"https:\/\/reisreis.pt\/en\/fiscal-representative-when-is-it-needed\/","title":{"rendered":"Fiscal Representative &#8211; When is it needed?"},"content":{"rendered":"\r\n<p>A Fiscal Representative acts as an intermediary between a non-resident individual or entity and the Tax Authority.<\/p>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\">What is Fiscal Representation?<\/h2>\r\n\r\n\r\n\r\n<p>It is mandatory by law that any entity or individual residing outside the <a href=\"https:\/\/european-union.europa.eu\/principles-countries-history\/country-profiles_en\" target=\"_blank\" rel=\"noopener\"><mark class=\"has-inline-color has-vivid-cyan-blue-color\" style=\"background-color: rgba(0, 0, 0, 0);\">European Union<\/mark><\/a> who owns a property, a bank account or has any commercial activity in Portugal must have a Fiscal Representative. The appointment of a fiscal representative means that there is no need to have physical premises or employees on-site, thus avoiding the hassles and costs of implementation.<\/p>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\">In what cases is a Fiscal Representative required?<\/h2>\r\n\r\n\r\n\r\n<p>Tax Representation is a legal obligation imposed by the tax authorities of certain European countries on foreign companies and individuals residing in countries outside the European Union. If you are a non-EU resident, you will have to appoint a Fiscal Representative in order to obtain a taxpayer number (NIF). This number is mandatory to perform a number of operations in Portugal, such as:<\/p>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li>Buy or sell a property<\/li>\r\n\r\n\r\n\r\n<li>Open a bank account<\/li>\r\n\r\n\r\n\r\n<li>Obtain a mortgage or other credits<\/li>\r\n\r\n\r\n\r\n<li>Buy a vehicle<\/li>\r\n\r\n\r\n\r\n<li>Inherit assets<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p>However, even if this requirement does not apply to you, you may choose to appoint a Tax Representative to help you comply with your duties to the Tax Authority. Thus saving you time and ensuring that all your obligations are complied with.<\/p>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\">Why should you appoint Carlos Reis &amp; Reis as your fiscal representative?<\/h2>\r\n\r\n\r\n\r\n<p>CRR has 17 years of experience, providing high-quality services to a diverse range of clients, from residents to non-residents. Our area of expertise ranges from accounting, tax consulting, tax representation, local lodging, among others. If you would like more information on this or other matters, please <a href=\"https:\/\/reisreis.pt\/en\/contacts\/\" target=\"_blank\" rel=\"noreferrer noopener\"><mark class=\"has-inline-color has-vivid-cyan-blue-color\" style=\"background-color: rgba(0, 0, 0, 0);\">contact us.<\/mark><\/a><\/p>\r\n\r\n\r\n\r\n\r\n\r\n<p>&nbsp;<\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>A Fiscal Representative acts as an intermediary between a non-resident individual or entity and the Tax Authority. What is Fiscal Representation? It is mandatory by law that any entity or individual residing outside the European Union who owns a property, a bank account or has any commercial activity in Portugal must have a Fiscal Representative. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":7580,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[58],"class_list":["post-4278","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sem-categoria","tag-fiscal-representative"],"_links":{"self":[{"href":"https:\/\/reisreis.pt\/en\/wp-json\/wp\/v2\/posts\/4278","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/reisreis.pt\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/reisreis.pt\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/reisreis.pt\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/reisreis.pt\/en\/wp-json\/wp\/v2\/comments?post=4278"}],"version-history":[{"count":1,"href":"https:\/\/reisreis.pt\/en\/wp-json\/wp\/v2\/posts\/4278\/revisions"}],"predecessor-version":[{"id":7771,"href":"https:\/\/reisreis.pt\/en\/wp-json\/wp\/v2\/posts\/4278\/revisions\/7771"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/reisreis.pt\/en\/wp-json\/wp\/v2\/media\/7580"}],"wp:attachment":[{"href":"https:\/\/reisreis.pt\/en\/wp-json\/wp\/v2\/media?parent=4278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/reisreis.pt\/en\/wp-json\/wp\/v2\/categories?post=4278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/reisreis.pt\/en\/wp-json\/wp\/v2\/tags?post=4278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}