What does mod 21-rfi mean for Portugal?

Mod 21-RFI: Double Taxation Relief. The Portuguese tax authorities can insist Portuguese companies withhold 25% of the payment, when they paying invoices submitted by British companies who have sold them goods or services. To avoid this retention, the Portuguese tax authorities need the Mod 21 document in order to confirm…

Do you need Mod 21 to pay taxes in Portugal?

To avoid this retention, the Portuguese tax authorities need the Mod 21 document in order to confirm that the British company is based in the UK and pays its taxes in the UK. If you need to provide the Mod 21 to a Portuguese company in order to get paid the full amount, please download the document here.

How to visit Portugal from a different perspective?

To show Portugal from a different perspective. As part of the celebrations of the 500th anniversary of Fernão de Magalhães’ (…) Portugal by… UK travellers – Travelling and (…)

What to know about travel restrictions to Portugal?

1 U.S. 2 Travelers should be prepared for additional travel restrictions to be put into effect with little or no advance notice. 3 Portuguese authorities announced that foreign passengers arriving aboard ships and other vessels will not be allowed to disembark.

When do new forms mod 21-rfi come out?

The certification requirements of Mod.21-RFI and MOD.22-RFI were amended in 2019, following the publication on 1 October 2019 of the new law no 119/2019 eliminating the direct certification on the forms by the tax authorities of the country of residence of the beneficial owner.

How to send Mod 21 to Portuguese company?

If you need to provide the Mod 21 to a Portuguese company in order to get paid the full amount, please download the document here. You must send the Certificate of Residence (which can be requested here) together with the Mod 21 documents.

Do You need A COR for Mod 21?

The new Mod.21 doesn’t require a stamp and signature from the HMRC but has to be accompanied by a specific CoR (Certificate of Residence) issued by the tax authorities of the other contracting state (valid for a period of one year from CoR issue date). Click here to read UK Gov guidelines and to apply for the CoR.