As the international tax landscape continues to evolve toward greater alignment and transparency, multinational investors operating under the Madeira International Business Centre (MIBC) must be particularly vigilant regarding the attribution of profits to Portuguese...
Late tax correction and taxpayer rights - A recent judgment by the Southern Central Administrative Court (TCAS), dated April 3, 2025, sheds new light on the role of Portugal’s Tax Authority (Autoridade Tributária - AT) and its accountability when it comes to errors in...
As a tax consultant working closely with international clients relocating to Portugal, I often encounter the same question from clients: “Will the Portuguese tax authorities know about my foreign income?” The short answer is yes. The longer and more important answer...
Portugal vs Costa Rica. Which country to chose, when retiring? More than 70,000 Americans now call Portugal their retirement home. This number keeps growing as Portugal, particularly Madeira Island, becomes a top choice for retirees looking for a high-quality...
Moving to Portugal for business? Portugal has emerged as an appealing destination for entrepreneurs like us who want to expand their business in Europe. The country's startup ecosystem ranks 26th globally, and several key sectors show remarkable growth. Tourism, real...
To relocate a company to Portugal, means allowing businesses to maintain their complete legal identity while establishing operations within the European Union. The process becomes viable when at least 75% of your shareholders approve the move. Portuguese corporate...
Starting an LDA in Portugal stands out as the top choice for entrepreneurs who want to launch their business in the country. The Portuguese LDA, which means 'Limitada,' works just like a private limited company. It gives business owners a simple way to protect their...
On April 29, 2025, the Portuguese Supreme Administrative Court (Supremo Tribunal Administrativo, STA) issued Ruling No. 7/2025, establishing a uniform interpretation of tax law concerning the sale of an undivided inheritance share in Portugal. This landmark decision...
The sale of real estate in Portugal often involves various costs. Among these, recurring doubts arise about whether expenses with lawyers, solicitors, and experts can be deducted to calculate capital gains in the IRS (Portuguese Personal Income Tax). The Portuguese...
How to Start a Small Business in Portugal? Are you an expat dreaming of starting a business on the stunning Madeira Island? Madeira has become a popular choice for entrepreneurs and expats. At Madeira Corporate Services (MCS), we specialize in helping you navigate the...