In an era of increasing globalization and complex international financial flows, managing the Automatic Exchange of Information (AEOI) on taxes and ensuring compliance has become a formidable challenge for tax authorities worldwide. Recognizing this, the Portuguese...
In the previous month, the Regional Government of Madeira presented its budget proposal 2024, generating excitement for the proposed tax cuts. It is with great pleasure that we announce the approval of the proposal, which underwent substantial modifications during the...
In today's globalized maritime industry, selecting the right international ship register has become critical for vessel owners and operators. Madeira, a Portuguese archipelago, has emerged as a compelling choice for those seeking to optimize their maritime operations....
Madeira taxation offers advantages for expatriates and investors. This guide provides a detailed exploration of Madeira’s tax landscape, focusing on the Madeira International Business Centre (MIBC). Whether you are considering relocating for lifestyle or investment...
In today's complex and ever-changing tax landscape, staying ahead of tax changes is essential for individuals and businesses. With the intricacies of tax laws and regulations in Portugal, navigating the tax system efficiently and effectively can be challenging. This...
Introduction Running a successful business requires efficient financial management, particularly regarding bookkeeping services. Finding reliable and comprehensive bookkeeping services is crucial in Madeira Island, where businesses flourish amidst a backdrop of...
Cryptocurrencies have revolutionized the financial landscape, presenting individuals and businesses with new opportunities for investment and transactions. As the global cryptocurrency market thrives, governments worldwide are grappling with the challenge of...
Are you considering setting up a business in Portugal? Look no further. This comprehensive guide will walk you through all the essential steps, legal requirements, and cultural nuances you need to know to establish your company in this vibrant European country...
The NHR, as it has been understood for several years, is set to expire on December 31, 2023. In its place, a new regime will take effect on January 1, 2024 (with some stakeholders already calling it "NHR 2.0", "the New NHR"), which will mirror the majority of the...
As tax season approaches (usually between April and June), individuals in Portugal grapple with the complexities of filing their personal taxes. It is a time-consuming and often overwhelming process, with numerous documents and forms to be completed accurately. This...