International Business Centre of Madeira
I B C
The IBC emerged ...
… in the 1980s as an instrument of regional economic development, offering a set of incentives with the main purpose of attracting investment to Madeira, and remaining until today as an essential tool for the regional economy.
The current tax regime, approved by the European Commission, is in force until 2027.
Principles on which the IBC was created
- Activities in the IBC are subject to the same regulations and supervision applicable at the national level;
- Abides by all criteria defined by the OECD in terms of transparency and exchange of information;
- Access to the network of Double Tax Treaties signed by Portugal.
Highly efficient jurisdiction to structure international and european operations
– Regulated
– Attractive Tax Regime
– Controlled
– Transparent
Full integration with EU legal framework
- The IBC companies can freely access the EU market;
- All European Directives apply to Madeira companies;
- Regime of incentives negotiated and approved by the European Commission;
- Subject to the EU initiatives on tax harmonization.
Integration with other sectors of the local economy
– Residents have access to the IBC activities;
– IBC companies can provide services or trade with local entities.
Competitiveness at international level
– Attractice tax regime, stable and with a resonable life span.
Credibility
Transparency
Stability
Classification of the regime:
- Full approval by the EU as a State aid regime;
- Not classified as a tax heaven by the OECD (white-listed);
- Recognised as a Preferential Tax Regime.
