If you want to be involved in active life in Portugal or want to be somehow connected with this country, it may be relevant to ask for the services of the Portuguese tax representative. This article is going to be devoted to this topic. Follow below to learn valuable info.
When Is It Vital to Have a Tax Representative?
This rule is going to work for non-EU residents (UK expats are also on the list) who are characterized by the following:
- They have a property in Portugal;
- They have a bank account in this country;
- Their activities are connected with commerce in some way.
By the way, a Portugal tax representative should be registered with a Tax Department.
If a non-resident does not have a tax representative, he will have to pay a fine. The smallest sum of money here is 150 EUR while the greatest is 7500 EUR. No one wants to come across such an inconvenience.
What Does the Tax Representative Do at All?
The key function of the fiscal representative is to inform the person about all the stuff that is connected to taxes.
And, this should be done in accordance with Portuguese law too. It means that the representative must deliver accurate info that will correlate with the deadlines linked to certain taxes and so on.
The matter is that all the vital info from the Portuguese Tax Department must be answered within a period from ten to fifteen days. If this is not done, it may easily lead to various fines. So, it is a great idea to think about ordering the services of a tax representative in advance.
Where Shall You Look for a Reliable Tax Representative?
The greatest solution that can be found in this case is to ask for the assistance of a trustworthy provider who knows how to help you in the most efficient way ever. It will allow enjoying the process of interacting with the Tax Department of the country in the form of simply observing from the outside.
Well, the hardship you are likely to come across here is this: it may not be that simple to find those who are reliable indeed.
There are quite a few providers in the market who may mislead you. That is why it is important to conduct research that will be linked to investigating what the intermediary is all about. Here are the most significant features to search for:
- The intermediary is always polite with you no matter how many questions you have at the same time;
- All of the issues and aspects that are unclear to you are dealt with in an effective manner, so you feel satisfied with the info you have obtained;
- There are positive reviews about the intermediary. Therefore, you do not have to worry that the provider does not have enough experience in what he does;
- The intermediary has taken care of introducing a nice website that shows the progress speaking of the services he has presented the clients with. Besides, it is great when potential clients may come across useful articles that are given in the form of a blog on such a website.
By the way, it is not as expensive to have a tax representative in Portugal as you might think. The fine cost for this type of help is only 100 EUR a year. This will give you a chance not to worry about the possible fines and negative consequences.
And, you will always be informed about your current situation with the taxes.
What Shall You Do to Get the Help of a Tax Representative in Portugal?
First of all, it is very important to acquire those who will present you with qualitative services.
Another significant factor is the convenience of collaboration. You should not feel any negative emotions when interacting with your tax representative or a team that will provide this type of service.
Well, as soon as you have found a good provider, it is time to get the necessary documents ready and pay a fee. This can be done with the help of a credit card without any problems.
But here is an important aspect to bear in mind: you should have a NIF number before you are able to request the assistance of a tax representative. In case you are just planning some kind of activity, it is time to take care of ordering your NIF.
This may be done without any problems at all. By the way, some providers who are ready to offer the help of a tax representative are also able to assist with NIF too.
This is all you need to know. Good luck with finding the best tax representative in Portugal ever asap!