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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...
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...
Banco de Portugal (the Portuguese Central Bank) will assume the powers of supervision of entities that exercise services for the exchange, transfer or custody of virtual assets, with respect to compliance with the preventive rules on money laundering and terrorism...
The legal regime of the Madeira International Shipping Registry of Madeira (RIN-MAR or MAR) has just been revised, through Law 56/2020 of 27 August. The changes to RIN-MAR's legal regime are so relevant in reinforcing its attractiveness and competitiveness, that it...
We welcome the initiative of the Regional Government to consult, within the scope of its economic diplomacy agency (Invest Madeira), those responsible for the overwhelming majority of foreign investment in the Autonomous Region of Madeira, the management companies...
The Assembly of the Republic has approved on July 23, some amendments to Portugal's Nationality Law. The approved amendments aim to ease the access to Portuguese nationality for grandchildren, spouses or non-married partners of Portuguese citizens. Those who are...
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...
Portuguese Central Bank's position on cryptocurrencies Since there is no central entity that guarantees the irremovability and finality of payment orders, the virtual currency cannot be considered a safe currency, as there is no certainty of its acceptance as a means...
The Government of the Autonomous Region of Madeira (RAM) has defined, in relation to the Standardization Plan for Air Accessibility, to be in force as of July 1, with regard to travelers to the airports of Madeira and Porto Santo: Filling out and submitting the...
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...