Company Formation
Basic Package
- Company Incorporation
- FullSet Of Corporate Documents
- 1st Year Government Fees
- 1st Year Company Domiciliation
- Dedicated Account Manager for 1 year
- Courier Delivery
Bank Account Package
- Company Incorporation
- FullSet Of Corporate Documents
- 1st Year Government Fees
- 1st Year Company Domiciliation
- Dedicated Account Manager for 1 year
- Courier Delivery
- Set Of Corporate Documents With Apostil
- Bank Account Opening
Privacy Package
- Company Incorporation
- FullSet Of Corporate Documents
- 1st Year Government Fees
- 1st Year Company Domiciliation
- Dedicated Account Manager for 1 year
- Courier Delivery
- Set Of Corporate Documents With Apostil
- Nominee Director
- Nominee Shareholder
- Power of Attorney With Apostille
Madeira Offshore Company – Overview
| Type of Company | Limitada |
| Type of Law | Civil |
| Shelf company availability | Yes |
| Company Registration Timescale | * |
| Corporate Taxation | Varies |
| Double Taxation Treaty Access | Yes |
| Standard currency | Euro |
| Permitted currencies | None |
| Minimum paid up | €5,000 |
| Usual authorized | €5,000 |
| Minimum number | One |
| Local required | No |
| Publicly accessible records | Yes |
| Location of meetings | Anywhere |
| Minimum number | Normally two (One is possible) |
| Publicly accessible records | Yes |
| Location of meetings | Madeira (by proxy) |
| Required | No |
| Local or qualified | No |
| Requirement to prepare | Yes |
| Audit requirements | No, but larger companies must |
| Requirement to file accounts | Yes |
| Publicly accessible accounts | Yes |
| Minimum Annual Tax/License Fee | €1000 |
| Requirement to file annual return | No |
| Change in domicile permitted | Yes |
*optional
The Madeira archipelago is located in Atlantic Ocean and is composed by Islands of Madeira, Porto Santo, Desertas and Selvagens. It is a Portuguese archipelago which has an important strategic role due to its geographic location, being situated between Europe and the Caribbean Islands.
Companies licensed to operate within the Madeira Free Trade Zone are for all purposes Portuguese resident, and therefore can in most cases benefit from the double tax treaties signed by Portugal.
Portugal has signed double tax agreements with the following countries: Austria, Belgium, Bulgaria, Brazil, Czech Republic, Finland, France, Germany, Hungary, Ireland, Italy, Mozambique, Norway, Poland, Republic of Korea, Spain, Switzerland, United Kingdom and Venezuela. Negotiations are nearing completion with other countries. Principal Corporate Legislation applies for Limitada Company is Portuguese Companies Code.
You have several entity types you can incorporate in Madeira: Limitada (Lda’s) or Sociedade Anónima (SA).
Madeira jurisdiction is a civil law jurisdiction and subject to Portuguese law which is a member of EU. The main attraction for foreign investors regarding the jurisdiction is an International Business Center and the access to the European single market with a reduced payment of 12%VAT as opposed to normal Portuguese rate of 17%. Also there is no formal exchange control, although substantial transactions need to be reported to the Central Bank of Portugal, which regulates the banking sector. Regarding offshore company regulation, because Madeira jurisdiction is an integral part of Portugal, the companies registered there qualify for the benefits of the Portuguese double taxation agreements.
Madeira Free trade zone offers a wide range of both tax and customs incentives, therefore Madeira can be of great benefit for non-European companies wishing to penetrate into the EU Single Market more easily and also for European companies aiming at reducing their operational cost and enhancing their tax efficiency. Some of the most relevant advantages you can benefit of incorporating an offshore company in Madeira are: income and corporation tax regime; the shareholders of the offshore companies are exempt from any withholding tax on profits received from those companies; there is an exemption from custom duties for many goods and raw materials imported; advantages of the exemptions from VAT on movement of goods; VAT on supply of telecom and digitalized services; complete freedom from exchange controls for offshore companies.