Introduction Inheritance tax, also known as estate tax or death duty, is a financial obligation that arises upon the transfer of property from a deceased individual to their beneficiaries. In Portugal, the Tax and Customs Authority oversees the reporting and...
Digital Nomads and Expats in Madeira
Digital nomads and expats in Madeira have been on the rise, the Island’s unique lifestyle and system of tax incentives being the two main driving forces behind the success program launched by the Madeira Regional Government. Currently, the Island offers a combination...
Company Formation in Portugal: the best tips for 2022
Are you considering company formation in Portugal? If yes, our team of professionals has come up with the following tips concerning company formation in Portugal so that you can make a more informed decision regarding your business. Company Formation in Portugal and...
Portugal State Budget for 2022
The Portugal State Budget for 2022 will soon be discussed in the recently elected parliament. Apart from the expected new tax on cryptocurrencies, the new Portuguese Socialist Party's majority (a member of the European Progressive Alliance of Socialists and Democrats...
Living in Madeira: South or North Coast
Living in Madeira presents one with an array of lifestyle possibilities and very different warm and mild microclimates that are attractive to expats and that cater to their needs regardless of their countries of origin. Part of the Macaronesian region, Madeira Island...
COVID-19 Update – Getting to Madeira
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...
Madeira to have unique “COVID19” safe certification
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...
Rising after Covid-19
Rising after Covid-19, a "new era" with some economic uncertainty, requires a wise decision to invest in certain frameworks that could alleviate the tax burden, and therefore your personal and/or corporate operational costs. Madeira has the right tools to help you and...
A safe haven during and after Covid-19
The COVID-19 pandemic is taking a toll on businesses across the world. Governments are pouring in money, setting up credit lines and other forms of state aid to support businesses. Start-Ups, especially those breaking-even or already profitable are also facing cuts on...
COVID-19 e Ajudas de Estado Portuguesas
Cumprindo com dever de responsabilidade social empresarial, a MCS informa, por este meio, do regime de ajudas de estado portuguesas autorizadas pela Comissão Europeia no âmbito do surto de SARS-CoV2/COVID-19: A Comissão Europeia considerou que quatro regimes de...