Registration fee is from 4500 €
Registration period — 4 weeks
Minimum authorized capital - 1 EUR
Remote opening — yes
Financial statements — yes
Company registration in Madeira (IBCM): Your gateway to the European market with a 5% tax rate
Are you looking for a stable European jurisdiction with a low tax burden that is not on any blacklists? Madeira (Portugal) is a unique solution for international business. Thanks to the International Business Centre (IBCM), this region offers some of the most attractive conditions in the EU, while remaining completely transparent and respectable.
Madeira is not an offshore jurisdiction. It is an autonomous region of Portugal operating within the framework of European Union legislation. The IBCM's special tax regime has been officially approved by the EU and extended until the end of 2028, guaranteeing stability and predictability for investors.
Most often, investors choose one of two types of companies that allow shareholders' liability to be limited to the amount of their contribution:
Important! Companies in Madeira have access to Portugal's extensive network of double taxation agreements, which allows for further optimisation of costs when paying dividends and royalties.
The special IBCM regime covers a wide range of activities:
Would you like to know the cost of registration and detailed requirements for the company?
Leave a request for a free initial consultation, and we will help you scale your business through the jurisdiction of Madeira.
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5% income tax for IBCM companies
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Possibility to open a bank account in Portugal
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Non-resident can be a director and shareholder
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Madeira is not on the blacklist of offshore zones
Advantages of company formation in Madeira in the IBCM zone: 1. Dividends - 0% in case of payment to non-residents of Portugal. 2. Exemption from withholding tax on royalties and interest. 3. Exemption from capital gains tax on the sale of shares. 4. 80% reduction in stamp duty and municipal real estate taxes.
The name of the company must end with a word, phrase or abbreviation indicating its limited liability, for example: “Limitada”, ‘Lda.’ or ‘Unipessoal’.
The minimum authorized capital is EUR 1. However, to successfully open an account with a Portuguese bank, it is recommended to increase it to 5000 EUR and make a full payment after the company registration in Madeira is completed.
At least one individual is required, without any residency requirements.
At least one participant is required, which can be an individual or a legal entity, with no residency requirements.
All companies registered in Madeira and the IBCM zone are required to maintain and submit annual financial statements. An audit is mandatory if the company exceeds two of the three limits for 2 consecutive years: 1.The total value of assets exceeds EUR 1,500,000. 2. The total level of net sales and other income is more than EUR 3,000,000. 3. Number of employees - more than 50.
The standard corporate tax rate for companies registered in Madeira outside the IBCM zone is 14.7%. Companies registered in the IBCM are subject to a reduced corporate tax rate of 5% (until 2028). In the case of working with local Portuguese companies, the income tax rate will be 21%. In order for companies registered in Madeira to apply for the 5% corporate tax reduction, they must meet one of the following requirements: 1. Creation of one position (including part-time positions) for a Portuguese resident. 2. Investments of at least EUR 75,000 in fixed assets in the first two years of operation (real estate in Portugal, intellectual property, software, etc.). The VAT rate in the Autonomous Region of Madeira is 22%.
The public register is open. Information about the director, shareholder, beneficiaries and the size of the company's share capital is available to the public.
Before registering a company in Madeira, you must submit a request to the National Registry of Legal Entities to check the availability of the name. Once the name is confirmed, the preparation of corporate documents begins.
Each shareholder of the company must provide a passport and proof of residence (utility bill). A Portuguese tax number (NIF) is required for the director and shareholder.
Company registration in Madeira can be carried out remotely or with the personal presence of the director and shareholders in Portugal.
After company formation in Madeira a bank account is opened in a Portuguese bank to deposit the share capital (the recommended amount is EUR 5000).
The process of company registration in Madeira generally takes 10-14 business days from the date of receipt of the required set of documents. During company formation in Madeira the mandatory IBCM stamp duty is paid.
As soon as a company in Madeira is registered, the registry issues ready corporate documents with the appropriate stamps.
If necessary, the documents of company registered in Madeira are submitted for legalisation and apostille.
Originals of corporate documents of company registered in Madeira are sent by courier service.
Phone
+380 97 527-66-30Client Relations Department
+380 73 427-66-30Address
Kyiv, 01054, Ukraine,
40B Ivan Franko St., office 207