PORTUGAL

Logistic and forwarding services in Portugal

Portugal

Hauptstadt
Lisbon

Einwohnerzahl
10,4 Mio

Landessprache/n
Portugiesisch

Währung
Euro (EUR)

Bruttoinlandprodukt (BIP)
USD 220 Mrd.

BIP pro Einwohner
USD 20’728

Schweizer Exporte
CHF 1’070 Mio.

Schweizer Importe
CHF 997 Mio.

Bilateral relations Switzerland–Portugal

Relations between Switzerland and Portugal are traditionally good and characterised by mutual good will. Social exchange is a significant element in their relations, based on the large number of Portuguese nationals living in Switzerland. Portugal, on the other hand, is a popular holiday destination for the Swiss.

Economic cooperation

Economic relations between the two countries are steeped in tradition, not least owing to the some 270,000 Portuguese citizens living in Switzerland. The Portuguese community in Switzerland represents the third-largest group of foreigners. Nonetheless, commercial trade between the countries remains at a low level.
By international comparison, both as purchaser and as supplier of goods, Portugal ranks number 13. Switzerland mainly exports pharmaceutical products, machines and watches to Portugal, while primarily importing agricultural products, clothing, paper and motor vehicles from Portugal.
The protocol of amendment that entered into force in October 2013 brought the double taxation agreement of 1974 up to date.
A Swiss-Portuguese chamber of commerce and industry has been operating in Lisbon since the late 1980s, while its Portuguese counterpart, the aicep Portugal Global – Trade & Investment Agency, is located at the Portuguese Consulate-General in Zurich.

 

Business language

Portuguese, English, French, Spanish.

 

Dimensions and weights

Metric system.

Currency

National currency: €

ISO code: EUR

 

Customs tariff

Harmonised system. Customs clearance based on the transaction value.

 

Import control

EU goods are freely available. Three copies of invoices in Portuguese, Spanish, English or French with all standard information are necessary to import non-EU goods.

At the end of the invoice, the following legally binding declaration of origin, which must be signed by the importer, must be included: “Confirmamos que as mercadorias indicadas nesta factura são de origem da …”. Import licences are only necessary for a small number of goods, primarily agricultural products. Non-liberalised goods are summarised in a negative list. Each licence is valid for 90 days. The licences cannot be extended and can only be used for custom processing once. It is necessary to ensure that a valid licence is held before shipping. Note: the use of sweeteners is prohibited. There is an obligation to register pharmaceuticals.

Standard VAT rate: 23% (reduced rate: 13/6%) Azores: Standard VAT rate: 18% (reduced rate: 10/5%). Madeira: Standard VAT rate: 22% (reduced rate: 12/5%).

Reimbursement of VAT paid is possible.

 

Terms of payment and tenders

Letters of credit, in the case of long-term collaborations “documents against payment”. Invoices preferably in EUR. Carrying out credit checks in advance is recommended.

 

Designations of origin

Standard markings are sufficient. Prohibition on misleading customers with regard to designations of origin. Labelling in Portuguese on certain groups of goods.

 

Packaging

Standard marking regulations. Special regulations on labelling for foods and agricultural products. In addition to this, there are obligations to take back packaging based on the polluter pays principle.

The EU Directive sets out that packaging materials made of wood must be manufactured from round logs. This EU regulation goes beyond the necessary treatment set out in the ISPM 15 standard.

 

Product samples

Label the nature of foreign goods, and samples, which enable these to be tested are duty free if their nature and quantity are only suitable for use as samples.