RFAI - Deadline extended for submission of Form 22

The deadline for the Submission of Model 22 has been extended until 16 June 2025. Companies now have more time to benefit from RFAI

The application deadline for the Tax Regime for Investment Support (RFAI) has been officially extended until 16 June 2025. This extension offers Portuguese companies an additional time margin to structure their investment projects and benefit from a tax regime that assumes a strategic function in reinforcing their competitive position and sustainable growth capacity.

RFAI is configured as a tax incentive mechanism for carrying out productive investments, namely in tangible fixed assets (such as equipment, buildings, and facilities) and intangible assets (such as technologies and patents), provided they are allocated to the company's operational activity. Through this regime, companies can apply a relevant deduction to the IRC (Corporate Income Tax) payable, proportional to the amount invested, resulting in direct tax savings. This instrument has been widely used in modernisation, expansion, and innovation strategies, with a special focus on the industrial, technological, and service sectors.

For an in-depth understanding of RFAI requirements and operation, a detailed technical guide is available on the Yunit Consulting blog.

Structural advantages of RFAI for business investment policy

RFAI integrates a set of benefits that make it particularly attractive for the fiscal and financial management of companies:

• Deduction from the IRC payable of up to 30% of the value of eligible investments;
• Exemptions from IMI, IMT, and Stamp Duty, applicable under certain conditions and geographical zones;
• Possibility of carrying forward for 10 years the amounts not deducted, in case of insufficient tax liability;
• Majorations in benefits for projects located in interior territories, promoting territorial cohesion;
• Transversal applicability to micro, small, medium, and large companies, respecting established criteria.

This regime provides not only tax optimisation but also an opportunity for the structural reinforcement of the company, enabling reinvestment in assets, qualified human resources, digital processes, and internationalisation. Furthermore, it can serve as a complementary tool to other financial supports within the scope of European funds and national incentive programmes.

Consistent results and economic impact

The growing adherence to RFAI in recent years demonstrates companies' confidence in this regime as an effective instrument for leveraging investment. Its use allows companies to increase self-financing capacity, improve productivity indicators, and accelerate innovation strategies. The tax benefit obtained frequently translates into a virtuous cycle of reinvestment, competitiveness, and financial sustainability.

In a context of economic volatility, RFAI has gained special relevance as a stable solution to mitigate the tax burden and allow for more informed and planned investment decisions. The extension of the deadline until June 2025 thus appears as a critical window of opportunity to align medium-term strategic decisions with the availability of this support mechanism.

Application submission requires, however, a considerable degree of rigour and technical planning. It is recommended that companies assess investment eligibility beforehand and ensure full compliance with legal and tax requirements, preferably with the support of specialised consultants. Correct preparation and instruction of the process are determinant for maximising the regime's potential benefits.

In summary, RFAI asserts itself as more than a simple tax benefit: it is an economic policy tool with a direct impact on the modernisation of the Portuguese business fabric. The new deadline offers companies an opportunity to capitalise on their investments, reduce tax charges, and prepare for future competitive challenges with greater financial and strategic robustness.

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