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.
Find the necessary licenses here
What do you need to know
It may only be exercised by economic operators duly authorized by the Direção-Geral das Atividades Económicas (DGAE), who comply with the reputation requirement.
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.