Knowledge worth 23% on your international purchases
How much is knowledge worth? If the conversation centres on VAT charges for importing products into Portugal, I assure you that the right knowledge will save you at least 23% on the total value of the goods, international transport, and cargo insurance once the shipment arrives. This article explains how businesses can defer VAT payments on imports, improving cash flow by avoiding upfront payments to the state, provided they meet specific tax requirements and have organised accounting.
