October, 2024

Mandatory Update of CAE Codes: New Codes Effective from 2025

Mandatory Update of CAE Codes: New Codes Effective from 2025

Graça Amaral
Lawyer

The new Portuguese Classification of Economic Activities (CAE Rev.4) will replace the current version (CAE Rev.3) in January 2025.

All companies must reclassify their primary and secondary activities to ensure compliance with the updated codes.

To assist with this process, the National Institute of Statistics (INE) has introduced the IRCAE – a survey enabling companies to confirm or update their CAE in line with the new version. Visit IRCAE.INE.PT and select the codes that best align with your activity.

Upon submission, the INE will automatically update your classification in the records of the Tax Authority, the Registry and Notary Services, and the INE itself. The deadline for completing this reclassification is the end of November 2024.

If you have not yet started, taking the necessary steps to prepare your company for 2025 is advisable.

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