Importing a company car: VAT in Portugal
A Portuguese company VAT number is not a promise of recoverable VAT. Establish the invoice regime, the company’s right to deduct and the exact vehicle category before comparing net costs.
Information for EU-registered passenger cars imported to mainland Portugal. An estimate is not a tax assessment or a binding transport quote.
Invoice regime comes first
A margin-scheme invoice does not provide separately deductible purchase VAT. A private seller does not issue recoverable VAT on a normal used-car sale. A qualifying intra-community business acquisition has its own conditions and Portuguese VAT treatment: a net invoice is not the same as an unconditional tax saving.
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Passenger-car restrictions and exceptions
Portuguese rules normally exclude deduction for ordinary passenger cars, subject to statutory exceptions. Battery-electric and qualifying plug-in passenger cars have cost limits relevant to the exception: 62,500 euros and 50,000 euros respectively. These are not a flat discount or a partial entitlement above the limit. Confirm the legally relevant acquisition cost, activity and deduction share with an accountant.
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Do not confuse VAT and ISV
An ISV reduction does not create a VAT deduction. ISV may enter the VAT acquisition base; the invoice and expenses paid to the seller affect that base. An estimated VAT amount should not be subtracted from the budget until eligibility is established.