 | | | | | A large number of newmadeira’s clients carry out (intra-group or with third parties) trading activities using companies based in Madeira, in order to
benefit from the tax advantages of the International Business Centre of Madeira, with the bonus of operating in a jurisdiction in the European Union, with a
vast network of double taxation agreements,
thereby eliminating any form of discrimination, namely the application of anti-abuse rules in other jurisdictions involved in the structure.
The
fact that it is easy to give substance to structures from clients who choose Madeira to sell goods and provide services, is a great asset. In reality
Madeira has highly qualified, specialized and efficient service providers, as well as a qualified work force with advanced language skills. These
characteristics, added to the fact that it is relatively easy to attract human resources from outside of Madeira and low operational costs, make Madeira
a very competitive jurisdiction for trading structures.
The fact that Madeira’s companies are taxable under the European Union’s VAT system
provides access to the intra-Community market without any restrictions of any kind and it guarantees VAT neutrality in trading operations.
Key feature of this structure is that the trading profits from its commercial operations are subject to a rate of 4% to 5% of corporate income tax, the
lowest in Europe for this type of operations.
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