Why Consider Madeira?
Companies licensed to operate in the International Business Centre of Madeira enjoy a number of tax benefits which are guaranteed to the end of 2020. Corporate tax rates range from 3% – 5% (depending on the investment and number of jobs created in Madeira) and there is no capital duty, no stamp duty, no property transfer tax and no wealth tax. In addition, there is no withholding tax on the distribution of dividends, interest and royalties. Madeira is an integral part of Portugal and therefore a full member of the European Union. As such, all EU Directives are fully applicable and Madeira companies also benefit from Portugals network of Double Taxation Treaties. Automatic VAT registration is applied at the attractive rate of 16%. Madeira offers one of the lowest standard rates of VAT charged in Europe. Migration of a Company to Madeira All companies incorporated under the laws of a foreign country can migrate to Madeira. It is, however, fundamental that the laws of the foreign country
