RCBE - Annual Confirmation

Portuguese entities are required to submit an annual confirmation to the RCBE, even if there are no changes to the information declared.
Such confirmation must be submitted by 31 December of every year, save where waived under the law.    
The annual confirmation ensures that the information remains accurate, complete and up to date, reinforcing transparency and trust. 
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Step-by-step

Step-by-step

01

Collection and verification of the documentation required for the filing

02

Submission of the updated/amended declaration on the RCBE platform

01

Collection and verification of the documentation required for the filing

02

Submission of the updated/amended declaration on the RCBE platform

FAQs

Is there a deadline to submit this annual confirmation?

By 31 December of every year. 

What happens if no update/amendment is made?

Should the entity fail to submit the annual confirmation of the RCBE declaration, it is barred from: 
  • Paying out profits or interim profits to shareholders. 
  • Executing or renewing contracts with the State (supplies, works, procurement of goods/services) and tendering for public utility concessions. 
  • Accessing public or European funds. 
  • Executing deeds for/sale and purchase of real property. 
In addition to these restrictions, failure to comply can be publicly flagged on the RCBE and could be considered an administrative offence, with fines ranging from EUR 1,000 to EUR 50,000. 

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