OBS_VALUE: Only companies with commercial presence in one of the 28 European Union members can be exempted to have commercial presence in Portugal to provide services. A permanent representation  (i.e. registered office, centraladministration or principal place of business within host country  - Portugal - or in a EU country)  has to be created and registered if a non-EU establihed company  wishes to exercise their activity in Portugal for more than one year and comply with the provisions set forth under Portuguese law in relation to commercial registration.