Hello,

It will be a pleasure to be able to help you with your RCBE.

Let's start with some important information about RCBE:

1) What is RCBE?

The Central Register of the Effective Beneficiary (RCBE) is related to a database which contains updated information about people who have the ownership or effective control of established entities/companies in Portugal.

2) When do I need to submit the RCBE?

Up to 30 days after the company registration (first declaration);

One time per year (to annualy confirm information);

Once you have any change related to the ownership or effective control;

Once you decide to close your business/company.

3) What will happen if I don´t do the RCBE?

You could have problems to open/maintain a commercial bank account;

You could receive a fine to pay issued by the Portuguese Government.

BR,

Vivian Perfeito

Lawyer (Professional Id/License OA56010P)