 | | | | | For many investors Madeira is seen as the ideal jurisdiction for owning or operating industrial property, not only because of Madeira’s advantageous Tax System, but also because of the possibility of eliminating (through the application of the European Union’s Interest and Royalties Directive) or reducing withholding at source taxes related to royalties, as per any of the agreements on international double taxation entered into by Portugal,
The fact that Madeira belongs to the European Union and that all EU directives relative to intellectual property have been transposed to national legislation provides the legal security that investors acutely seek.
With the extensive powers of the tax administration of Madeira, which is autonomous, binding information and rulings can be issued, confirming competitive margins.
For tax purposes, in Madeira, a company or a subsidiary are equivalent.
Tax system of IBC
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