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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...
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...
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...
After years of working abroad, returning to Portugal has tax advantages and the way to obtain them is through the Non-Habitual Residents (RNH) regime approved by Decree-Law No. 249/2009. The RNHs regime, which aims to attract to Portugal not only highly qualified...
In an effort to promote investment in the country and attracting digital nomads, freelancers, startups and digital entrepreneurs, the Portuguese Government approved Resolution of the Council of Ministers no. 30 / 2020, which sets ou the Action Plan for the Digital...
The mandatory quarantine for passengers disembarked in Madeira will end from July 1, and it will be substituted by the obligation to present or perform a test to COVID-19 on arrival. "For the month of July, it is assumed as a necessary condition to enter the...
Participation exemption is, under Portuguese law, a tax exemption applicable to dividends received from a subsidiary and any possible capital gains ensuing from the sale of that participation. Under the participation exemption regime companies can do business and...
According to the Regional Government, Madeira is the first tourism region to have a destination certification process underway by an internationally recognized multinational. “Madeira was the first region in Portugal to have a manual of good referencing practices for...
One of the fastest routes to obtain Portgual’s Golden Visa, residency by investment program, is through a capital transfer into an investment fund. Under the current Golden Visa rules, one can apply for a residency permit in Portugal (with full free travel access to...
Following the approval of the Portuguese State Budget for the FY2020 the following changes have been introduced regarding the Golden Visa and the Non-Habitual Resident (NHR) scheme: Golden Visa Before the Approval of the State Budget: real estate investment, for the...