Lowtax Network

Back To Top


Madeira Business, Taxation and Offshore Information

This page was last updated on 10 Oct 2018.

Madeira Business, Taxation and Offshore Information

Madeira is well located off the EU and Africa

Madeira (more formally known as ‘the Madeira Islands’), is a small group of islands 970 km south-west of Lisbon and 690 km west of the Moroccan coast. It has an area of  314 sq. km and a population of around 254,000 people (December 2017) - which represents a decline of 14,000 from the 2011 census. The islands are visited by more than 1.5 million tourists a year.

The capital, Funchal, in the south-east of the main island, has an international airport which is well connected to European cities. The time zone is GMT. Madeira is part of Portugal and therefore part of the EU; the language is Portuguese, although some English is spoken. The legal system is based on the Napoleonic Code and is therefore a civil law system.

Madeira has its own government and hence a good degree of autonomy from Portugal, though most legislation including that on taxation is Portuguese. The economy is based on tourism, fishing, farming and financial services. As a peripheral and poorer region of the EU, there is considerable EU funding to support development, which can assist inward investment. The currency is the euro. More »

 

Madeira Knowledge Base

Madeira: Country and Foreign Investment
A quick overview of Madeira - its history, geography, and business advantages.
Madeira Executive Summary »
Madeira Geography »
Madeira Population, Language and Culture »
Madeira Relationship with the EU »
Madeira Government »
Madeira Economy and Currency »
Madeira Entry and Residence »
Madeira Business Environment »
Madeira Import of Foreign Capital »
Madeira Investments by Foreigners »
Madeira Free Trade Zone »

Madeira: Types of Company
A look at various types of company in Madeira, providing options to suit different business needs.
Madeira Company Introduction »
Madeira Private Limited Liability Company »
Madeira Stock Corporation »
Madeira Holding Company »
Madeira Trusts »

Madeira: Offshore Business Sectors
The key sectors of Madeira's offshore economy.
Madeira Offshore Business Introduction »
Madeira Financial Holding and Investment »
Madeira Trade, Marketing and Distribution »
Madeira Banking »
Madeira Trust Management »
Madeira Ship Management and Maritime Operations »

Madeira: E-Commerce
A description of how e-commerce operations are enabled in Madeira, and how the offshore tax regime can best be utilised for e-commerce.
Madeira E-Commerce Introduction »
Madeira Internet Service Providers »
Madeira Offshore Activities »

Madeira: Offshore Legal and Tax Regimes
This section looks at available offshore operations in Madeira and the criterion required for obtaining offshore tax status.
Madeira Offshore Introduction »
Madeira Forms of Offshore Operation »
Madeira Tax Treatment of Offshore Operations »
Madeira Taxation of Foreign Employees of Offshore Operations »
Madeira Exchange Controls »
Madeira Offshore Operations »
Madeira Employment and Residence »

Madeira: Law of Offshore
A hub for information about the main laws and statutes affecting offshore and non-resident businesses in Madeira.
Madeira Table of Statutes »
Madeira Trust Law »
Madeira Tax Reform Act 2000 »

Madeira: Labour Regulation
An analysis of employment law, industrial relations, and social security schemes in Madeira.
Madeira Regulatory Environment »
Madeira Work Permits »

Madeira: Domestic Corporate Taxation
A guide detailing the scope and rate of taxes affecting companies in Madeira.
Madeira Scope of Income Tax »
Madeira Income Tax Rates »
Madeira Calculation of Taxable Base »
Madeira Filing Requirements and Payment of Tax »
Madeira Withholding Tax »

Madeira: Personal Taxation
An overview of applicable taxes for individuals in Madeira.
Madeira Residence and Liability for Taxation »
Madeira Income Tax »
Madeira Social Security Tax »
Madeira Stamp Duty »
Madeira Municipal Property Tax »
Madeira Value Added Tax »

Madeira: Double Tax Treaties
Treaties and international agreements that Madeira has in place, to mitigate the effects of double taxation.
Madeira Tax Treaty Introduction »
Madeira Table of Treaty Rates »
Madeira Other International Treaties »

Madeira: Related Information
Other useful information pertinent to Madeira.
Map of Madeira »