back to highlights

Monthly VAT Refund Scheme: Application for 2027 until 30 November

09/11/2026
Image

Recovering VAT credits can become significantly faster for businesses facing long refund cycles or recurring credit balances. The monthly scheme shortens payment deadlines considerably, but it requires careful planning and strict compliance with legal requirements.

Key aspects to consider:

  • Refund within 30 days (vs. standard regime through the end of the 2nd month).
  • Mandatory monthly VAT returns.
  • Regularised tax status, zero filing defaults (VAT, IRC, IRS), and an EU bank account.
  • Binding registration for a minimum of one year.
  • Apply electronically by 30 November for entry on 1 January 2027.

 Check out the attached document for full details and contact the Indirect Taxes team at MFA Legal & Tech (Bárbara Miragaia or Rita Simão Luís) to evaluate whether this scheme suits your business.