The present tax regime allows the incorporation of new entities in the IBC of Madeira until the end of 2020, granting significantly reduced corporate tax rates until the end of 2027.

The present tax regime allows the incorporation of new entities within the legal framework of the International Business Centre of Madeira (IBC) until the end of 2020, granting a reduced corporate tax rate of 5%, applicable on the taxable income, until the end of 2027.

In the case of international services activities, the reduced rate is applicable to profits derived from operations exclusively carried out with non-resident entities or with other companies operating within the ambit of the IBC of Madeira. There are no restrictions, nevertheless, on the development of business activities with Portuguese companies which will be taxed at the general corporate tax rate in Madeira, currently 21%.

Production and assembling activities carried out by companies in the Industrial Free Trade Zone of Madeira, on the other hand, will benefit from the tax reductions also in operations with Portuguese residents.

For more information visit https://www.ibc-madeira.com/en/tax-benefits.html or download .pdf the Tax Benefits Statute.

Since Dobsware is a software house with its own clients and a profitable projects, we just built the mvp. We want to go solo this time, but we need to have funding in order to create the product and hire someone to continue with our current projects. 🙂

You’re curious, about it, nice! Feel free to drop your interest by email  footar@dobsware.com .