Changes in the Classification of Economic Activities (CAE Rev4):

New guideline coming into effect in January 2025.

Starting January 1, 2025, companies in Portugal must transition from the Portuguese Classification of Economic Activities (CAE) Rev. 3 to the new Rev. 4 version, as stipulated by the European Commission Delegated Regulation (EU) 2023/137, published on October 10, 2022.

The reclassification of primary and secondary economic activities will become mandatory, with this process being coordinated between the Tax and Customs Authority (AT) and the National Statistics Institute (INE). Companies must remain attentive to this change to ensure a smooth transition.

To support companies in this process, the INE has launched the Economic Activities Reclassification Survey (IRCAE). The survey aims to allow business owners to review their current codes and select those that best reflect their activities. The deadline for completing the IRCAE is the end of November 2024. Access is available via the INE Portal or the WEBINQ Portal, using the taxpayer’s Identification Number (NIF/NIPC) and the password from the Tax Authority Portal.

It is essential for companies to carefully select the codes that best describe their activities, as the update will be automatically applied to the official records of the Tax Authority, the Institute of Registries and Notaries, and the INE.

If you need support during this transition, the GONTI team will be available to assist with completing the survey and supporting you throughout this process.