There are several ways one can open a company in Portugal, as the Portuguese Government aims at reducing bureaucracy for investors and as such it has implemented some quicker ways for investors to open a company. In this blog post we will discussing the "traditional"...
Corporate Income Tax
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Madeira as a Low Tax Tech Hub
Madeira Island, Portugal, is affirming itself as a tech hub for European and American entrepreneurs. The main reasons? Low taxation, good weather, fast internet connections (above European and American mainland averages) and a steady supply of high-skilled workforce...
Company Formation Procedure in Portugal in 2022: A Simple Guide
Get to know the company formation procedure in Portugal and Madeira Island. “Portugal’s history includes discoveries, entrepreneurship, creativity and permanent innovation. Portugal is a modern, sophisticated, and future-oriented country. Capable of combining...
MIBC: licensing period extended
The MIBC The Madeira International Business Center (MIBC) is a set of taxation incentives, granted since the 80s with the objective of attracting inward investment into Madeira, recognized as the most efficient mechanism to modernize, diversify and internationalize...
Tax Avoidance Directive
Portugal has effectively transposed the European Corporate Tax Avoidance Directive which introduces rules to prevent tax avoidance by companies and thus to address the issue of aggressive tax planning in the EU’s single market. Madeira, being an outermost region of...
The best of both worlds
In international taxation one can seldomly have the best of both worlds. However, Portugal is proving otherwise, thanks not only to the Madeira International Business Centre, but also to the Non-Habitual Resident (NHR) tax regime. Created in September 23rd, 2009, the...
Reconversion of Local Accommodation
In recent years Portugal has been considered a safe haven for several expats and foreign investors, who in turn have contributed on a large scale to the improvement of the Portuguese economy, by investing in the real estate sector, sometimes simultaneously associated...
Madeira is open for business
Starting July 1, Madeira and Porto Santo, Portugal, will be open to international travelers. To ensure security for both visitors and residents, all people traveling to the Atlantic islands will have to either present a negative test done within 72 hours prior to...
Netherlands to Change Tax Law
The Netherlands to change tax law by introducing a withholding tax on dividends. The change is expected to come into effect in 2024, and to be only applicable to dividends sent to countries that have a corporate tax rate of under 9 percent and are included in the EU’s...
Investing and Living in Portugal
Portugal is asserting itself as a major start-up destination in Europe, and with that hundreds of techies are willing to relocate to Europe's oldest country. But it is not just the Web Summit's new capital, Lisbon, who's attracting new residents, the Algarve and...