Auction Houses

Know how  to obtain authorization to exercise the auction activity. This activity is based on the sale of goods, through an auction procedure directed by an auctioneer, to those who appear in person or intervene through a remote communication mean, in which the good is awarded to the best offer and the tenderer is bound to the good’s acquisition.
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Auction activity

It may only be exercised by economic operators duly authorized by the Direção-Geral das Atividades Económicas (DGAE), who comply with the reputation requirement.

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The auction company

It must communicate the termination of the activity to the Direção-Geral das Atividades Económicas (DGAE), at the Entrepreneur's Desk, within 60 days after the occurrence of such fact.