Self-Billing: When and How to Use It

By Hugo Ribeiro, Certified Accountant · Member of the Order of Certified Accountants · HVR Business Consulting

<h2>Self-Billing in Portugal: A Complete Guide to Correct Implementation and Tax Compliance</h2> <p>Efficient management of tax documents is a fundamental pillar for the financial health and legal compliance of any company. In the Portuguese context, where tax legislation is complex and constantly evolving, mechanisms such as self-billing gain particular relevance. This article aims to deepen the understanding of self-billing, exploring not only its legal and operational foundations, but also its advantages, challenges, and best practices for its implementation.</p> &lt…

Key Takeaways

• Check prior agreement
• Issue invoices correctly
• Avoid common mistakes
• Refer to Article 36 of CIVA

FAQ

What is self-billing?

It's when the buyer issues the invoice on behalf of the supplier.

How to implement self-billing?

Requires a written agreement between parties.

When to use self-billing?

When there's a prior agreement and supplier's authorization.

What are the benefits?

Administrative efficiency and error reduction.