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The Presidency of the Council of Ministers of the Portuguese Republic has approved armed private security onboard Portuguese registered ships, including those registered in the International Shipping Registry of Madeira (MAR), through Decree-Law 159/2019 of October...
The International Shipping Register of Madeira (MAR) is now issuing ships’ electronic certificates and documents. In line with national policies concerning digitalization within public services and administration, the Portuguese maritime administration has also taken...
Following the publishing of the new list of “high value added activities” applicable to non-habitual residents (NHR) that register from 2020 onward, the Portuguese Tax Authority (AT) has decided to change the way which it controls how the high value added activities...
Portugal and its national merchant navy have recently been the subject of very positive analyzes by both the Organization for Economic Cooperation and Development (OECD) and the United Nations (UN). The reason: the International Ship Registry of Madeira (MAR) In the...
The Autonomous Region of Madeira has since the 80s, a low tax system is known as the Madeira’s International Business Center, or MIBC. Since Portugal’s accession to the EU, the MIBC has been subject to several revisions and approvals from the European Commission....