Law and tax updates
SDM - Sociedade de Desenvolvimento da Madeira, S.A. - is responsible, on behalf of the Regional Government of Madeira, for the management, administration and promotion of the International Business Centre of Madeira (IBC). These responsibilities include the construction of the infrastructure in the Industrial Free Trade Zone of Madeira and the promotion of MAR – Madeira’s International Shipping Register.
The International Business Centre of Madeira - also known as Madeira Free Trade Zone, was created formally in the 80’s as a tool of regional economic policy. It consists of a set of incentives, mainly of a tax nature, granted with the objective of attracting inward investment into Madeira, recognized as the most efficient mechanism to modernize, diversify and internationalize the regional economy.
Invest Madeira - is an application for iOS devices, developed with the purpose of presenting the advantages of Madeira Island as modern and competitive international business centre and to provide those who choose to invest in Madeira with a support guide to facilitate the whole investment process, with information on the most relevant areas, from tax and legal features to those of a more practical aspect.
In order to facilitate its use, the application is structured into four main sections:
• Madeira's IBC
• The European Union
These sections are divided into sub-sections, where users can find detailed information on how to conduct their investments in the International Business Centre of Madeira, describing the procedural and practical phases necessary to complete with success those investments.
- June 06, 2012 Initial release
- June 15, 2012 New version 1.01
- July 25, 2012 New version 1.2
- October 17, 2012 New version 1.3
- November 07, 2012 New version 1.4
- April 28, 2013 New version 1.5
- September 06, 2013 New version 1.6
- July 26, 2014 New version 2.0
- August 27, 2014 New version 2.1
- October 10, 2014 New version 2.2