The registration of a holiday rental establishment is no longer personal and non-transferable. The change in the nature of this registration is therefore one of the main changes to the holiday rental legal regime.
This registration, which constitutes a title for opening the establishment to the public, no longer expires with the transfer of ownership of the registration, with the cessation of operation, lease or any other form of change in ownership of the operation, nor with the transfer of any part of the share capital of the legal person holding the registration.
However, we would like to point out that within the scope of the power granted to municipalities to regulate holiday rental, it has been established that, for containment areas, municipalities may set limits on the transferability of new registration numbers in the “house” and “apartment” modalities.
This means that it is always necessary to check whether or not the municipality where the property is located has adopted regulations on the transferability of registration.
Thus, one of the great advantages of the new rules on holiday rental is the end of the expiry of licenses.
We would remind you that according to the rules in force, it is mandatory to register the property as holiday rental, or alojamento local (AL), with the respective town hall, obtaining a registration number that must be displayed inside the property and included in all official communications.
The AL must comply with safety, hygiene, health and comfort standards, which means that it includes the installation of fire extinguishers, emergency signs, a first aid kit, regular maintenance of equipment and minimum living conditions.
Income from rental properties is subject to taxation. The owner must issue invoices, declare the income and pay VAT, IRS or IRC depending on the regime.
