I. EDITORIAL – THE PRESUMPTION OF LEGAL ENTRY IN THE CONCESSION OF RESIDENCE AUTHORISATION FOR THE EXERCISE OF PROFESSIONAL ACTIVITY, WITH DISPENSATION OF RESIDENCE VISA In March, Brexit had an impact in the legislative procedure, through the publication of the Law no. 27-A/2019 of March 28 which approves the contingency measures to apply in eventuality of the exit of the United Kingdom from European Union without agreement, and by the Law no. 28/2019 of March 29, which establishes the presumption of legal entry in the granting of residence authorisation for the exercise of professional activity, with residence visa dispensation, when the applicant has his status regularized before the social security for at least 12 months and works in national territory or has a Service Agreement, or an independent professional activity (self-employed) in national territory. It should also be noted, due to its practical relevance in the tax matters the Law no. 27/2019 of March 28, which proceeded to the application of the tax execution procedure to the to the coercive collection of costs, non-criminal fines and other pecuniary penalties fixed in judicial process. Regarding case-law, it is worth noting the Judgment of the Constitutional Court no. 99/2019 of March 13, which … Read More
Newsletter – Februrary 2019
PREPARATION AND CONTINGENCY PLAN FOR THE EXIT OF UNITED KINGDOM OF THE EUROPEAN UNION BREXIT Once the preparatory and contingency phases have been completed, the Portuguese Government will coordinate another exercise to identify issues and measures that will guarantee a future relationship, the longest and deepest possible, whose negotiation … Read More I. EDITORIAL – MANDATORY REPORTING OF FINANCIAL INFORMATION During February, certain legislation with special interest were approved and published, among which we highlight for its practical relevance the Law no. 17/2019 of February 14, which changes the previous legal framework of the mandatory reporting of financial information, binding the reporting financial institutions with the duty to communicate to the Tax and Customs Authority the information on the financial accounts held by them, whose balance or added value at the end of the calendar year exceeds € 50,000.00 (fifty thousand euros), qualifying as subject to communication, whose owners or beneficiaries are resident in national territory. In tax matters, we highlight Law no. 9/2019 of February 1, which regulates the right to compensatory interest in case of undue payment of tax liabilities based on unconstitutional or illegal rules, amending Article 43 of the Portuguese General Tax Law, Regulatory Decree no. 1/2019 … Read More
