Madeira International Business Company IBC
Madeira International Business Company IBC
Foreign entrepreneurs can wholly own a Madeira company in 1 week. This company must be owned by a minimum of one director and one shareholder of any nationality and residing anywhere in the world. Corporate directors are not allowed;
The minimum share capital for a PLC company (Limitada/Lda) amounts to only €1 per shareholder. This is the most common type of incorporated companies.
Key Features of Madeira Private Limited Company
|
Madeira IBC |
Corporate Details |
|
General |
|
|
Type of Entity |
Lda |
|
Registered Office in Madeira |
Yes |
|
Shelf company availability |
No |
|
Our time to establish a new company |
1 week |
|
Taxation on Profits |
Yes (5%) |
|
Access to Double Taxation Treaties |
No |
|
Share capital or equivalent |
|
|
Standard currency |
US Dollar is commonly used |
|
Permitted currencies |
Any |
|
Minimum paid-up |
€1 |
|
Bearer shares allowed |
No |
|
No par value shares allowed |
Yes |
|
Directors |
|
|
Minimum number |
One |
|
Local required |
No |
|
Publicly accessible records |
No |
|
Location of meetings |
Anywhere |
|
Corporate directorship allowed |
Yes |
|
Shareholders |
|
|
Minimum number |
One |
|
Publicly accessible records |
No |
|
Corporate shareholder allowed |
Yes |
|
Location of meetings |
Anywhere |
|
Company Secretary |
|
|
Required |
No |
|
Local or qualified |
No |
|
Accounts |
|
|
Requirements to prepare |
Yes |
|
Audit requirements |
No |
|
Requirements to file accounts |
No |
|
Publicly accessible accounts |
No |
|
Other |
|
|
Requirement to file annual return |
No |
|
Migration of domicile permitted |
Yes |
Madeira Private Limited Company Distinctive Benefits
- As a region of Portugal, Madeira is a stable jurisdiction with a well-established legal system (governed by European Union (EU) and Portuguese law) and economic infrastructure;
- International entrepreneurs undertaking Madeira company formation in the IBC are liable to pay a corporate tax of only 5% until 31 December 2020. This is the lowest corporate tax in the entire EU;
- Madeira Company does not require an individual to have a physical office present on the island;
- Investors choosing Madeira are not required to disclose beneficial ownership to Portuguese authorities;
- Madeira corporation tax is a mere 5% of net profits if certain conditions are met; Zero withholding tax on payments to non-residents i) loan interest ii) dividends and iii) royalties.
The Valsen Advantage
- End to end comprehensive service
- Speedy and efficient service
- Expert advice on structuring options
- Dedicated ongoing compliance support
- Extensive network pool of service providers