Registration of companies in Madeira – LDA

Madeira
COST OF READY COMPANY:

from 1680 c.u.

Companies with an account

Madeira is an autonomous region of Portugal, extremely interesting for investment activities.

Registering a company in Madeira will give your company the status of a full-fledged Portuguese company, however, you will receive many tax benefits.

Lawyers in touch

Get a free consultation from leading experts!

Our specialists are always ready to help you and answer any question!

  • We will find out which jurisdiction is most suitable for you, taking into account the objectives of your business
  • We will accompany you through the entire registration process
  • We will share valuable experience
  • If necessary, we will provide services for the maintenance of the company

Distinctive features of registering a company in this zone

Registering a company in Madeira provides owners with many benefits, including:

  • high level of security
  • fairly loyal tax policy
  • lax reporting requirements
  • easing in legislation and a number of benefits

We also note that the cost of doing business in Madeira is characterized by a low level of cash costs, since all related services are relatively inexpensive.

What types of companies are common in Madeira?

As in Portugal, 2 types of companies are most common in Madeira: a limited liability company and a joint stock company. In any case, any individual even without resident status can be a director.

  • SA
  • LDA

If found, there must be a functioning office.

How does LDA registration work?

The registration process is as simple as possible and can take 3-4 days. The following process steps can be distinguished:

  • Choosing a company name
  • Choosing a bank and opening a bank account
  • Contribution of authorized capital in accordance with the law
  • Collection and submission of necessary documents
  • Obtaining a tax number
  • Registration in all necessary state bodies

Restrictions on the activities of companies

Although the offshore zone itself has a lot of advantages, there are some restrictions from the Portuguese government and legislation that you need to be aware of.

For example, this may relate to the need to license a certain type of activity.

Taxes and taxation

Offshore zones are exempt from income tax, VAT rate is 12%.

If you want to open a company in Madeira, contact our lawyers and get a free consultation on all your questions.

Registration of a company abroad, as well as doing business in an offshore zone, has its own characteristics and “pitfalls”.

Turning to our firm, you save your time, money and efforts.

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