Does Portugal Tax Foreign Income? Yes, Portugal taxes foreign income received by Portuguese tax residents. Foreign income is included in the individual's taxable income in Portugal and is subject to the same tax rates as domestic income. Nevertheless, double taxation...
How to set up a company in Portugal? For many reasons, Portugal is currently a desirable jurisdiction to carry out business and establishing a company could be an excellent idea! In case you already have a consolidated business plan, we are ready to assist you and...
Do you wonder why people invest in Madeira? Let’s start with the beginning: Madeira Island, Portugal, is just under a two-hour flight from Lisbon and has been consecutively voted the “World’s Leading Island Destination” by World Travel Awards. The principal island of...
Under the Madeira International Business Center (MIBC) regime, Company Incorporation in Madeira is an EU-approved solution that may benefit international companies operating across different jurisdictions. Under the MIBC regime, duly licensed companies are entitled to...
Through the Portuguese Patent Box, companies, particularly those in the Information Technology industry, and the creators/owners of software can reduce their tax burden. The Portuguese Patent Box is a tax incentive that intends to lower by 85% for calculating taxable...
Portugal might be the last country to consider when incorporating a holding company. However, like numerous nations, Portugal also has tax incentives for holding corporations in their tax systems. The purpose is to minimise double taxation of the revenue typically...
Expats in Madeira face several relocation matters that need to be addressed by local experts; most of the time, taxation in Madeira is one of them. After all, relocation as an ex-pat will involve some level of bureaucracy to a degree. In this short blog post, we will...
If you are looking for information about starting a business in Portugal, look no further because you should be starting it in Madera. Our team of professionals has more than 25 years of experience in assisting international investors in setting up their business and...
Offshore company formation in Madeira Island (Portugal) has never been easier. Still, before you jump into it, we provide you with five tips that will make you better understand Portugal’s most tax-efficient jurisdiction. The Madeira International Business Center...
Taxation in Portugal is levied by both the national government and by the regional governments of the Autonomous Regions of Azores and Madeira. Understanding how corporate taxation is levied at the national and regional level is important, especially when your...