Appointing a tax representative is an obligatory requirement for all non-resident individuals or companies who have assets based in Portugal.
Fiscal Representation in Portugal
Individuals who earn taxable income in Portugal and the Algarve but are not Portuguese residents are required to employ a fiscal representative to ensure that they are working in accordance with the Portugal’s tax obligations.
The appointed fiscal representative is a link between the individual/Company who have the assets and the tax department. The fiscal representative cooperatively work with the individual or company on any tax calculations related to all of the individual/companies Portugal’s tax responsibilities be it on Property, cars, income , or bank accounts.
The individual or company’s fiscal representative then work with the tax department regarding rental income declarations, valuations, IMI tax bills, etc.
Here at PortugalRealEstateInvestments.com we can connect you to reputable English speaking, licensed, Portuguese tax representative, which will help you in dealing with any correspondence coming in from the task department.