How to issue a recibo verde on Finanças portal in Portugal - Part 1

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Today in this video I am going to show you how to fill out and issue a recibo verde on the Finanças portal in Portugal.

If you make the decision to move to Portugal and work as a freelancer, then you will have to complete and issue a Recibo Verde. It’s the name of the invoice between buyer and seller of goods or services when you are registered as a freelancer. It also allows Finanças, the Portuguese tax authorities, to be aware of all activities. As a self-employed person in Portugal it’s possible to issue invoices online but it’s very important to fill in all the information in order to avoid fines. What information do I need to issue a recibo verde in Portugal? How to invoice customers as a freelancer?
I will show you step by step how to fill out and issue a recibo verde on the Finanças portal in Portugal.
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It is ESSENTIAL that everyone knows that there are two options of "Recibo Verdes" -
1) issue a "Factura - Recibo" (this is what this session shows) BUT there is another opition i.e. OR
2) first issue a "Factura" and then, only when you get paid, do you issue a "Recibo"
This ESSENTIAL DIFFERENCE was pointed out to me by my Portuguese accountant - but when talking to the international community this KEY POINT has never ever been raised - far less clarified.

In summary:
You only issue number 1 - above - i.e. "Factura - Recibo" if you are guaranteed to get paid (or if you have already received payment).
Otherwise (just like any business in the world) you follow number 2 - above - i.e. you first issue a "Factura" and only when the cash comes in you go into to portal and issue a "recibo" against that "factura".

douglasstruthers
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Very good video and very helpful!
can I please have the link to Part 2?
Thanks in advance

rodhall
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can I have the part 2 please?
Or where can i find it?

constantinrichter
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Hi. Could post a video on how to register a rental contract on finance portal, and issue a monthly receipt for tenant? Thanks

graydoesntsuitme
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If I'm working as employee and as freelancer at same time, i can still do that?

nirbiton
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what if your service is to a Company in a tax free Country, ?, so it has no NIF or VAT number

yaremyaday
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at 4:35 it doesn't show me Fatura Recibo, it shows Fatura Recibo Ato Isolado or Fatura Isolado
does anyone have this?

artlover