THE IVAUCHER PROGRAMME – VAT VOUCHER
Following the State Budget Law for 2021, which has introduced the IVAucher programme, Regulatory Decree no. 2-A/2021, of 28 May defines the scope and governs the specific conditions of the programme and Ordinance no. 119/2021, of 7 June, determines the start date and duration of the phases of the programme.
EUROPEAN COMMISSION APPROVES NEW STANDARD CONTRACTUAL CLAUSES FOR DATA TRANSFERS.
On June 4th, the European Commission (EC) approved the long awaited new Standard Contractual Clauses (SCCs) for transfers of personal data, replacing the former Clauses issued under Directive 95/46/EC. The SCCs arrive over 3 years after the application of Regulation (EU) 2016/679 (General Data Protection Regulation or GDPR). These new Clauses were long anticipated, specially …
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NEW INSOLVENGY REGIME IN ANGOLA
The new Law on the Legal Framework for Corporate Restructuring and Insolvency, which was unanimously approved by Parliament on 19 January 2021, has now been published as Law no. 13/21 of 10 May, having entered into force on that same day.
Portuguese Charter of Human Rights in the Digital Age
The Law No. 27/2021, of 17 May, has approved the Portuguese Charter of Human Rights in the Digital Age (“Charter”), which establishes a set of innovative standards regulating the digital environment.
SPECIAL RULES ON COMPULSORY PROPHYLACTIC ISOLATION OF WORKERS IN THE PETROLEUM SECTOR
Special Rules on Compulsory Prophylactic Isolation of Petroleum Industry’s Employees.
AGREEMENT ON THE PROMOTION AND RECIPROCAL PROTECTION OF INVESTMENTS BETWEEN THE REPUBLIC OF ANGOLA AND THE KINGDOM OF SPAIN
Presidential Decree 109/21, of 29 April 2021, enacting the Agreement on the Promotion and Reciprocal Protection of Investments between the Republic of Angola and the Kingdom of Spain (the “Agreement”), came into force on its date of publication, 29 April 2021.
AGREEMENT ON THE PROMOTION AND RECIPROCAL PROTECTION OF INVESTMENTS BETWEEN THE GOVERNMENT OF THE REPUBLIC OF ANGOLA AND THE GOVERNMENT OF THE UNITED ARAB EMIRATES
Presidential Decree 107/21, of 29 April 2021, enacting the Agreement on the Promotion and Reciprocal Protection of Investments between the Government of the Republic of Angola and the Government of the United Arab States (the “Agreement”), came into force on its date of publication, 29 April 2021.
EDPB OPINION ON DRAFT ADEQUACY DECISION REGARDING PROTECTION OF PERSONAL DATA IN THE UK
On 13 April 2021, the European Data Protection Board (EDPB) published Opinion 14/2021 regarding the European Commission Draft Implementing Decision pursuant to Regulation (EU) 2016/679, on the adequate protection of personal data in the United Kingdom (Opinion). The Opinion is part of the procedure envisaging the formal adoption of the European Commission (EC) adequacy decision …
VAT AND NON-RESIDENT TAXABLE PERSONS
Circular Letter no. 30235, of 27 April 2021, clarifies the VAT rights and obligations applicable to non resident taxable persons who carry out supplies of goods or services in Portugal.
NEW LAW ON SECURITY OVER MOVABLES
Law 11/2021, of 7 April 2021, establishing the legal framework for the use of movable assets as security for the discharge of obligations (“Law”), was published on 22 April 2021 and will take effect 180 days after publication.