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IBC

The International Business Centre of Madeira is an economic development instrument for the autonomous region of Madeira. It was created with the following objectives:

  • Modernise, diversify and provide for the international expansion of the autonomous region´s goods and services production structure;
  • To compensate for the structural constraints resulting from the reduced size of the domestic market and the ultra-peripheral status held by Madeira.

Entities operating under the framework of the International Business Centre of Madeira benefit from the most advantageous tax system of the European Union, both in terms of direct taxes (4 to 5% of income tax) and indirect taxes (16% of VAT, the lowest in the European Union). Additionally, Madeira offers an environment of reduced bureaucracy, political and social stability and low operational costs.

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