Madeira Company

About Madeira Company

Based in the centre of Funchal on Madeira, this accounting and corporate-services practice works with companies in the Madeira International Business Centre as well as firms under the regular regime, including mainland Portugal. Its site explains the regional framework for international services, the industrial free trade zone and the ship registry, and is offered in English, Portuguese and Russian. The firm is led by two partners, one focused on Portuguese taxation and the other on international banking and finance, and employs more than 20 staff drawn from accounting, legal and compliance backgrounds. Clients range from international holding and trading structures, shipping and yacht owners and technology businesses to local gyms, hotels, shops and non-profits. Foreign individuals planning a move to Madeira can also book online tax consultations.

Services

Formation work includes an initial consultation on structure, name reservation, preparation and filing of incorporation documents, tax registration and help opening a corporate bank account. The firm also supports licence applications to the free trade zone concessionaire and the registration of ships and yachts in the Madeira ship registry, including KYC and anti-money-laundering documentation, as well as financial-technology licence assistance. Ongoing services cover certified bookkeeping, financial statements, payroll, VAT and regulatory reporting, tax consultancy, personal income tax returns, accounting restoration and support for certified audits.

• ✓ Company formation: offered
• ✓ Accounting and bookkeeping: offered
• ✓ Tax compliance: offered
• ✓ VAT: offered
• ✓ Payroll: offered
• ✓ Audit: offered
• ✓ Bank account assistance: offered
• ✕ Residency and visas: not listed
• ✕ Corporate secretarial: not listed
• ✕ Virtual office: not listed

Licences and registrations

• Accredited by the Government of Madeira to provide accounting services to Madeira Free Trade Zone companies

As declared by the firm. Check a licence with the regulator before you rely on it.

Published prices

• Madeira IBC licence fees quoted: EUR 1,000 application and EUR 1,800 annual maintenance for service companies

As published by the firm. Prices change; the firm's quote is what counts.