We’re growing so that we can be closer to our customers and shortly expand our range of solutions for your business.
NEWCO has opened an office in the centre of Madrid (Paseo de la Castellana, 18-7º). Now, as well as Madeira, Malta and Lisbon, we are also in Madrid; always on hand when you need us.
NEWCO. We Know how
MADEIRA · MALTA · MADRID · LISBON
The so-called Regime IV of Madeira’s International Business Centre (MIBC) has just been approved by the European Commission, as such allowing the admission of new entities once the respective Portuguese law has been approved and enters into force.
In general, this new regime keeps the benefits of the current regime, including one of the lowest corporate tax rates in the EU, 5%, which will remain in force up to the end of 2020 to all entities that have been licensed until the end of December, 2014, increased by a few attributes that make it even more competitive, namely:
- Benefits extended up to the end of 2027;
- Exemption of withholding taxes on dividends’ distribution to shareholders (individuals or corporations) as long as nonresidents in Portugal or in a tax haven.
With this authorisation, the International Business Centre of Madeira (MIBC) reinforces the credibility and stability of its regime, granting extremely competitive conditions for the optimisation of companies with international activities.
NEWCO is fully available to give you further information on this new regime and on all the advantages of operating within Madeira’s International Business Centre.