Company registration in Madeira

Madeira is an independent Portuguese zone that consists of several islands.

Madeira Company: benefits and prospects

  • Tax privileges for those companies that have been established in the International Business Center in Madeira.
  • Non-residents of Portugal do not pay the tax levy intended for dividends.
  • The jurisdiction is within the EU, which makes the benefits specified in the European Directives available to entrepreneurs.
  • Businesses in Madeira receive a VAT number immediately.
  • A Madeira company can be used as an element of trading operations, to provide services in the international arena, to advise clients and more.

Types of companies

Private Company with a limited type of liability.

  • Initial capital is 2 thousand euros. This amount must be paid before the end of the year in which the company was incorporated.
  • The company is not allowed to issue shares.
  • The capital is divided into quotas for each participant.
  • The firm needs at least 1 director and 1 shareholder, regardless of residency. It may be the same person.
  • A secretary is not needed, however, the firm must acquire a registration agent.
  • Financial statements are submitted annually.

Closed joint stock company.

  • Initial registered capital is at least 5 thousand euros.
  • The company has the ability to issue registered shares.
  • Looking for a director and shareholders (2+), residency is not important.
  • A secretary is not needed, however, the firm must acquire a registration agent.
  • Financial statements are provided on an annual basis, in some cases an audit will also be required.

Public Joint Stock Company.

  • The initial capital is 50 thousand euros.
  • The company is allowed to issue registered shares.
  • The company is managed by the Board of Directors. In addition, the company needs at least 5 shareholders. Residency is not important. The same person can act as director and shareholder.
  • A secretary is not needed, however, the firm must acquire a registration agent.
  • The entity is required to provide financial and audit reports on an annual basis.

In addition to these forms, the following types of organizations can be registered in Madeira:

  • simple partnership;
  • limited partnership;
  • limited partnership with share capital.

Taxes

Profits are taxed at a rate of 5%. This indicator will remain valid until 2027.

Firms established in Madeira can qualify for a 5% tax benefit if the following conditions are met:

  • one position was created (you can work on a reduced schedule)
  • capital investment in the amount of 75+ thousand euros for the purchase of fixed assets, tangible and intangible assets during the first two years of operation.

If you need to register a company in Madeira, our specialists will help you register a company quickly and efficiently. Also, you can buy a ready-made company in Madeira. Write to us in the CRM form and we will help you register a company.

Eternity Law International specialists will provide you with qualified advice on the acquisition of an offshore company, opening a bank account in any jurisdiction, as well as further support of your company’s activities at any stage.

We offer ready-made European and offshore companies. It takes 2 days to reissue documents for new owners.

If you have any questions or need advice on registering or buying a company, call us at the phone numbers listed on the website, or write to us in the CRM form located at the bottom of the page. Our specialists will answer you online.

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