Asinergy Corporate Services

The International Business Centre of Madeira

Created as an economic development instrument for Madeira Autonomous Region. Its purpose is to modernize, diversify and provide international expansion of the region’s goods and services production structure. It also works as a means of compensating for Madeira’s structural constraints which result from its small domestic market and peripheral location towards Europe.

Business and Fiscal Advantages of the International Business Centre of Madeira include:

A reduced corporate tax rate of 5%, guaranteed until 2027;
Exemption of withholding tax on dividends paid to non Portuguese resident shareholders (corporate or individuals), when these are not resident in a black listed jurisdiction;
No withholding tax on interest and other forms of payment for shareholders’ loans, capital allowances or advances made by the shareholders to the company, for shareholders which are non-residents in Portugal;
Worldwide participation exemption regime applicable to dividends, reserves, capital gains and losses;
Exemption of withholding tax on royalties, services fees or interest paid to third parties;
Possibility to apply Portugal’s recent Patent Box Regime;
Capital gains tax exemption on the sale of participations held in the Madeira company;
Exemption of notarial and registration fees;
80% reduction on the rate of Stamp Duty, municipal transaction taxes and municipal property taxes;
80% reduction on regional and municipal surcharges.