Rauva is a dynamic Portuguese company founded in 2022 with the admirable objective of democratizing entrepreneurship while providing freelancers and SMEs with a competitive edge through the power of technology. With a team of seasoned entrepreneurs who have faced the same challenges as other business owners, Rauva has a unique understanding of the needs of small and medium-sized enterprises in Portugal. As a result, Rauva offers a seamless and integrated business super-app to optimize day-to-day activities, arming these enterprises with the tools they need to succeed.

To achieve this goal, Rauva develops its technology in-house while collaborating with best-in-class organizations to provide a comprehensive business suite. These partners have a strong track record of delivering exceptional services and a proven ability to innovate and adapt to changing market trends. Rauva recognizes that innovation and partnerships are the key ingredients to success, which is why it prioritizes both to help businesses thrive.

Our comprehensive solution allows you to easily organize your finances, payment services, invoices, and more, all directly through your mobile phone. You can send payments, order cards, add funds to your account, and even get a European IBAN through our partner Swan, who is authorized by Banco de Portugal. Your money is safe with deposit safekeeping through our partner BNP Paribas, and our invoicing partnership with invoiceXpress, allow Rauva users to send certified invoices directly from the app.

We are constantly working to add new features and would love to hear what you need next! Do you require a point-of-sale system for your shop? Or maybe you're looking for the best way to access additional funds to grow your business? Whatever it is, let us know - we're here to help.

If you're looking to open a business bank account, look no further than our services. We're committed to making the process as easy and stress-free as possible, so you can focus on what really matters – running your business and achieving your goals.

We understand that opening a business bank account can often be a time-consuming and bureaucratic process. That's why we created a streamlined and efficient process that is designed to make things as easy as possible for you. You won't have to worry about navigating complicated paperwork or visiting a branch. Instead, you can simply provide us with a few key pieces of information and we'll take care of the rest.

Who can open an account?

• Freelancers - Must be registered in AT (Tax Authority)
• Sole Proprietorship (ENI)
• Single-Member Company, Unipessoal LDA;
• Limited Liability Company, LDA;

What we’ll need from you:

Documents: government issued ID, passport or residence card.

Tell us about your business: You’ll need to share details like your business NIF, where you’re located, and name, birth date, city and country for all stakeholders.

Tell us about yourself:As the owner of the account, we need your personal details to verify your identity.

And that’s it!

As soon as the verification process is complete you’ll be able to start using your account. This can take between 3 to 72 hours.

Can I add a 2nd person to the account?

For the time being it’s not possible but it will happen in a near future.

Can I have more than one account? Unfortunately that is currently unavailable.

Below we will be going over how you can start issuing invoices with Rauva. 

To start issuing invoices, you must first create a user associated with your tax portal.  It is important to note that the user creation and association to the Rauva app only has to be done once. 

Where to start?

First, go to the Tax Authority website:

• Access the Tax Portal acesso.gov.pt and in the search bar, search for "Gestão de Utilizadores"
• Click on "Criar novo utilizador".
  • Fill in all the fields, define the access password (keep this nearby, you need it in future steps)
  • Then where you see Operações Autorizadas, you must activate: 
    • WSE - Comunicação e Gestão de séries por webservice;
    • WFA - Comunicação de dados de faturas;
    • Additionally, if you issue transport guides, you must also activate WDT - Comunicação de dados de documentos de transportes;

When you click on Submit, the new user should look something like this: 234000000/1 (Your NIF/1).

After your user is created, you can now associate it to your Rauva account.
To complete this last step, go back to the app:

• From the Menu, select Invoices > Set up account;
• Enter the username and password you set up in the Tax Portal;
• Sequence series - automatically populated for you;
• Indicate how you normally report invoices, and what your VAT rate is; 

Congratulations!

You're all set to create your first invoice .

By partnering with InvoiceXpress, we can guarantee that the invoices created with Rauva are certified and fully compliant with the AT (Tax Authority). The certification process ensures that our invoices are legally binding and follow the regulatory standards for invoicing in Portugal, giving our clients peace of mind. Additionally, our partnership allows for seamless integration between multiple platforms, which gives our clients one place to handle their business banking, manage their invoicing and accounting needs. This integration leads to increased efficiency and productivity for our clients, allowing them to focus on growing their business without worrying about the complexities of invoicing and compliance. Overall, our partnership with InvoiceXpress provides a compliant, comprehensive and reliable solution for all invoicing needs.