A business in Portugal deals with value added tax, the IVA, at a standard 23 percent on the mainland, corporate income tax, the IRC, on profits, and the imposto do selo stamp duty on many banking commissions. Most businesses must invoice through software certified by the Autoridade Tributaria, with an ATCUD code and a QR code on each invoice.
- VAT, the IVA
- Standard 23 percent on the mainland, with reduced 13 and 6 percent rates
- Corporate tax, the IRC
- On company profits, standard rate reduced for 2026 plus a possible municipal derrama
- Stamp duty
- Imposto do selo, commonly 4 percent on banking commissions
- Invoicing
- Certified software with an ATCUD code and a QR code, as of 14 January 2026
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
Tax and compliance for businesses in Portugal
Banking is only one part of running a company in Portugal. The tax authority, the Autoridade Tributaria, oversees value added tax, corporate income tax and the reporting that goes with them. The notes below describe the main headings as of 14 January 2026. They are general information, not tax advice, so confirm the figures and the deadlines that apply to your business with the Autoridade Tributaria or a qualified accountant.
The main taxes
- Value added tax, the IVA, with a standard rate of 23 percent on the mainland and reduced rates of 13 percent and 6 percent on certain goods and services. The Azores and Madeira apply lower regional rates.
- Corporate income tax, the IRC, charged on company profits. The standard rate was reduced for 2026, a lower rate applies to the first part of taxable profit for small and medium companies, and a municipal surcharge, the derrama, can apply on top. Confirm the current rate with the Autoridade Tributaria.
- The imposto do selo, a stamp duty that applies to many banking commissions, commonly at 4 percent, added on top of the headline fee.
Invoicing and reporting
Portugal requires most businesses to issue invoices through software certified by the Autoridade Tributaria, and each invoice carries a unique document code, the ATCUD, and a QR code. Businesses report billing data to the tax authority on a regular basis and file periodic IVA returns. Public sector suppliers must issue structured electronic invoices to public bodies. A clean banking record helps here, since matching bank statements to invoices makes reporting simpler. As of 14 January 2026, confirm which obligations apply to your business and the current deadlines with the Autoridade Tributaria or your accountant.
Compare business accounts available in Portugal
These providers serve business customers in Portugal. Fees and eligibility shown as of 14 January 2026. Confirm current terms with the provider before applying.
Compare business accounts →Questions about tax and compliance in Portugal
What is the VAT rate for businesses in Portugal?
What is the corporate tax rate in Portugal?
Do I need certified invoicing software in Portugal?
Is there stamp duty on bank charges in Portugal?
Fees, features, and eligibility change and vary by region. This page was last reviewed on 14 January 2026. Confirm current terms with the provider before applying.