Flash News NA 2025/03/11

How to regularize the fiscal and social security situation in Portugal after exceeding the €15,000.00 limit in electronic invoicing (“Recibos Verdes”) in 2025

In 2025, the invoicing limit for self-employed workers with electronic invoicing - "recibos verdes" in Portugal was set at €15,000.00. Exceeding this limit implies new fiscal and social security obligations. This article details the necessary steps to regularize the situation with the Tax Authority and Social Security.

1. Verification of the Exceeded Limit

The first step is to confirm that the €15,000.00 limit has indeed been exceeded.

This verification can be done through the Finance Portal, where all issued receipts are registered.

2. Communication to the Tax Authority

After confirmation, it is necessary to inform the Tax Authority (AT) that the limit has been exceeded. This communication can be done online through the personal fiscal web page:

• Access the personal fiscal web page with the NIF and password.

• Navigate to the "Activity" section and select "Change of Activity".

• Update the information about the business volume.

3. Change of VAT Regime

Exceeding the €15,000.00 limit implies the obligation to start charging VAT. For this, you must:

• Change the VAT exemption regime to the normal regime.

• Issue invoices with VAT from the moment the limit is exceeded.

• Fill out and submit the quarterly VAT returns.

4. Update Social Security Contributions

With the increase in income, Social Security contributions may also be affected. It is necessary to:

• Check the contribution bracket on the Direct Social Security website.

• Update income data, if necessary.

• Pay contributions according to the new bracket.

5. Consult an Accountant

Given the complexity of fiscal and social security obligations, it is advisable to consult a certified accountant. At Nominaurea, we have a team of professionals ready to help you ensure that all obligations are correctly met and to avoid possible fines.

Conclusion

Exceeding the €15,000.00 limit in electronic invoicing - "recibos verdes" in 2025 brings new fiscal and social security responsibilities. It is essential to follow the mentioned steps to regularize the situation with the Tax Authority and Social Security. At this and other moments in your business life, Nominaurea wants to be by your side.

We are looking forward for your contact!