The special arrangements made for the Madeira Free Zone provide for tax exemptions for Madeira based offshore companies until the year 2011. A company that invests in capital of companies set up in the zone will be exempt from all withholding taxes and income taxes on dividends and interests as well as share transfers. Companies incorporated under the free zone legislation of Madeira are not subject to restrictions on the repatriation of funds whether income or capital. No withholding taxes are retained in Madeira. There are no restrictions on the payments of dividends from Madeira to free-zone companies.
Companies incorporated under the free trade zone legislation require no permission to receive funds.
As there is no tax, there are no concessions. Profits may be accumulated free of tax. Offshore Service Providers in Madeira Abreu E Marques Consultoria Empresarial Lda. The New Madeira Investment Servi os Lda.