Tax Consultation and Compliance Services
At our firm, we offer comprehensive tax advisory and compliance services, including acting as tax representatives for our clients.
Our representative services include:
Specialization in providing tax advice and preparing tax returns for expatriates and non-residents. Offering tax guidance and assistance with filings for national companies and sole traders. During the initial meeting, we thoroughly assess our clients’ circumstances to propose tailored tax optimization solutions. Upon client request, we also provide tax litigation services. For international tax matters, we tap into our extensive network of advisors across different countries to provide expert assistance to our clients.
Tax Representation Services
Our firm offers comprehensive tax representation services for non-resident individuals who own property in Portugal. This includes obtaining tax identification numbers, overseeing local property tax assessments, and ensuring prompt tax payments. We also manage income tax declarations for non-residents who sell their property or earn rental income from it.
While EU residents owning property in Portugal are no longer obligated to appoint a tax representative, our services remain beneficial. We serve as authorized intermediaries between clients and tax authorities, ensuring efficient resolution of any issues that may arise. Additionally, we provide capital gains tax simulations for expatriates selling property.
Calculation, Validation, and Submission of Various Taxes
We provide comprehensive services for the calculation, validation, and submission of various taxes, including IRC (Model 22), IRS, IVA, IS, IUC, IMI, IMT, and others.
IRC – Corporate Income Tax (Model 22): Preparation and submission from May 1st to May 31st of the following year. Our services include handling deductibility of expenses, timing and valuation of revenue taxation, taxation of foreign income, utilization of tax credits or exclusions, application of tax benefits, taxation of non-residents earning income in Portugal, settlement methods, timing of payments, deductions at source, and methods of recovery or deduction.
IRS – Individual Income Tax: Preparation and submission from April 1st to June 30th of the following year. We complete statements for different income types, calculate taxes, address foreign income taxation, and deductions at source. This tax is applicable to financial transactions.
IUC – Circulation Tax: Annual issuance of payment document in the registration month of each vehicle. This tax applies to motor vehicles.
IMI – Municipal Property Tax: This tax is based on the VPT (taxable property value) of each property.
IMT – Municipal Tax on Onerous Transmission of Real Estate: This tax applies to real estate transactions.