Applying for a Portuguese Taxpayer ID Number (NIF)
The Portuguese Taxpayer ID Number (NIF) identifies each individual in their dealings with the Autoridade Tributária e Aduaneira (Portuguese Tax and Customs Authority) and is required for any tax or economic transactions in Portugal.
Foreign non-resident individuals must apply for a NIF if, for instance:
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They wish to create or benefit from security interests over assets subject to registration (real estate, motor vehicles, watercraft) in Portugal;
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They wish to incorporate a Portuguese company or purchase shareholdings in existing companies;
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They become officers (directors, members of the Audit Committee, etc.) of a Portuguese company.