Social Security exemptions and cash grants are available if at the end of the training period permanent employment is created. The scheme for Commercial incentives targets rationalization, innovation, expansion and cooperation. The incentives are in the form of cash-grants, interest subsidies or subsidized lease rentals under Leasing contracts. Tourism investment projects, particularly in the less-developed areas of Portugal, may also qualify for loans of up to Esc.1.500 million. The aim is the improvement of the processing and marketing of agricultural and fishing products.
Incentives are either in the form of interest subsidy, repayable subsidies or cash grants. .
Incentives are directly negotiated with the local authorities, and will inevitably involve EU approval and funding. Madeira Offshore Center Full EU membership status sets Madeira Islands' Free Trade and Industrial Zone and Offshore Financial and Services Center as an interesting European investment vehicle alternative. Its Tax and related incentives are set up for until year end 2011. Madeira's Free Trade and Industrial Zone suits both industrial and commercial activities and is fully authorized and conforms with EU rules on incentives granted to Member States. The International Services Center allows all types of service companies to be established within its framework, including trading, invoicing, and holding companies.