Company Obligations
Summary
| OBLIGATION | ENTITY | DOCUMENTATION REQUIRED | DUE DATE | ||
1 |
COMPANY ACCOUNTS AND INCOME TAX |
ORDINARY SHAREHOLDERS MEETING FOR THE APPROVAL OF ACCOUNTS | Company | Shareholders Resolution | Up to the 31st March |
| ANNUAL INCOME TAX RETURN | Tax Authorities (Internet) | Annual Return Form 22; Shareholders Resolution | Yearly up to 31st May | ||
| FILLING ANNUAL ACCOUNTS (IES) | Tax Authorities (Internet) | Shareholders Resolution; Balance and Annex; Management Report; Audit Report; Annual Income Tax Return | Yearly up to 15th July | ||
| DECLARATION OF PAYMENTS MADE TO NON RESIDENT ENTITIES | Tax Authorities | Form 30 | Within end of the following month | ||
| PAYMENT ON ACCOUNT (PPC) | Tax Authorities (Internet) | (Due on the second and subsequent years of activity) | Split into 3 Instalments due in; 31st July; 30th September; 15th December | ||
| SPECIAL PAYMENT ON ACCOUNT (PEC) | Tax Authorities (Internet) | (Due after the second and subsequent years of activity) | 2 Instalments due in: 31st March; 31st October | ||
| OBLIGATION | ENTITY | DOCUMENTATION REQUIRED | DUE DATE | ||
2 |
WORKERS |
REGISTER OF WORKERS AT THE SOCIAL SECURITY SERVICES | Social Security (Internet) | Social Security Forms with details of the worker | 1st day prior to the beginning of the labour contract |
| STATEMENT OF MONTHLY WAGES PAID TO WORKERS | Social Security (Internet) | Statement of monthly wages paid to workers | Up to the 10th day of the following month | ||
| PAYMENT OF SS CONTRIBUTIONS | Social Security | Payment of Social Security contributions withheld to workers | Up to the 20th day of the following month | ||
| PAYMENT OF PIT (IRS) WITHHELD | Tax Authorities (Internet) | Statementof monthly wages paid to workers and payment (Internet) | Up to the 20th day of the following month | ||
| SUMMARY OF ANNUAL PAYMENTS | Tax Authorities (Internet) | Summary of Annual Payments and Contributions made and withheld; MOD DMR | Up to the 10th day of the following month | ||
| OBLIGATION | ENTITY | DOCUMENTATION REQUIRED | DUE DATE | ||
3 |
VAT |
VAT PERIODICAL DECLARATIONS AND RESPECTIVE PAYMENT | VAT Services SIVA (Internet) | VAT Form with National and Transnational Operations (Trading, Services and Supplies) | If Quarterly, up to the 15th day of the second month subsequent to the end of the respective quarter. If Monthly, up to the 10th day of the second subsequent month (above 600.000€ per year) |
| VAT SUMMARY OF OPERATIONS | VAT Services SIVA (Internet) | VAT Form with National and Intra-EU Operations (Trading, Services and Supplies) | If Quarterly, up to the 20th day of the subsequent month to the end of the respective quarter. If Monthly, up to the 20th day of the subsequent month (above 100.000€ per year) | ||
| VAT ANNUAL SUMMARY OF OPERATIONS | Tax Authorities (Internet) | Annex L of IES filling Annual Accounts | 15th July | ||
| OBLIGATION | ENTITY | DOCUMENTATION REQUIRED | DUE DATE | ||
4 |
LICENSE FTZ |
PAYMENT OF MADEIRA REGIONAL GOVERNMENT ANNUAL LICENSE TO OPERATE WITHIN THE SCOPE OF THE MADEIRA FTZ | Madeira Development Company | Annual Payment | On the anniversary date of the granting of the license |
| APPOINTMENT OF LOCAL EMPLOYEE TO BE CONTACTED IN RESPECT OF THE COMPANY AND FTZ CONCESSIONAIRE AND REGIONAL GOVERNMENT | Madeira Development Company | ID and Residence of Local Emplyee | Yearly | ||
| OBLIGATION | ENTITY | DOCUMENTATION REQUIRED | DUE DATE | ||
5 |
IMI |
PAYMENT OF MUNICIPAL TAX ON PROPERTY OWNED BY THE COMPANY IF NOT SPECIFICALLY EXEMPTED | Tax Authorities (Internet) | Payment | 2 Instalments: April and September |
| OBLIGATION | ENTITY | DOCUMENTATION REQUIRED | DUE DATE | ||
6 |
ROAD TAX |
PAYMENT OF ROAD TAX | Tax Authorities (Internet) | Payment | Payment is due until the end of the month on which the vehicle was registered |
| OBLIGATION | ENTITY | DOCUMENTATION REQUIRED | DUE DATE | ||
7 |
AMENDMENTS OF BY LAW |
APPOINTMENT OF DIRECTORS | Social Security | Shareholders Resolution; Details of the Directors; SS Forms | On the date of their appointment |
| Tax Authorities (Internet) | Shareholders Resolution; Amendments Tax Form | Maximum 15 days after their appointment | |||
| Commercial Register | Shareholders Resolution; Details of the Directors | Maximum 30 days after their appointment | |||
| OBLIGATION | ENTITY | DOCUMENTATION REQUIRED | DUE DATE | ||
8 |
CHANGE OF REGISTERED OFFICE WITHIN THE SAME AREA | Tax Authorities | Company Resolutions; Amendments Tax Form | Within next 15 days | |
| Commercial Register | Company Resolutions | Within next 30 days |