A registration fee is payable because Sovereign will need to attend the Tax Department and undertake substantial administrative work to obtain your fiscal number and register as your Fiscal Representative. You will not pay an annual fee in the year you register with Sovereign but, in subsequent years, we will charge an annual fee for ongoing fiscal representation.
Once Sovereign is registered as your Fiscal Representative, we will become the first contact for the Tax Department in respect of your affairs and when we receive any correspondence we will contact you for instructions. Sovereign will remain registered as your Fiscal Representative until such time as you cancel us directly at the Tax Department by registering as a Portugal or EU resident, or by appointing an alternative Fiscal Representative.