By January 1st, 2021, is was intended that mandatory B2G e-invoicing would apply to all enterprises. Due to the COVID-19 pandemic, the Portuguese Government decided to approve a set of extraordinary measures, including the postponement of the aforementioned obligation.
Currently only large companies must be ready to adopt B2G e-invoicing. The deadline for small and medium-sized enterprises has been extended to June 30th, 2021, while micro enterprises are required to start issuing B2G e-invoices as of January 1st, 2022 – a year later than previously announced.
Another challenge for taxpayers, regardless of format, is the obligation to use a single document code called ATCUD and add QR codes to all invoices and other fiscally relevant documents as of January 1st,2022. Requirements have been postponed for a year, although some enterprises may already use this system on voluntary basis. In order to further encourage taxpayers to implement the requirements more rapidly, the Budget State Law for 2021 introduced an extra Corporate Income Tax deduction of 20, 30 or even 40 % of expenses incurred during the adoption process of ATCUD and QR codes.