The recording of our webinar Why Madeira is now available.
In this webinar dedicated to the International Business Centre of Madeira, our Managing Partner Frederico Gouveia e Silva explained the advantages of the jurisdiction for international investments, from a tax, operational and institutional perspective.
Click to watch the recording.
New webinar: Why Madeira
18th of May at 3 pm
Is there still room for preferential tax regimes, like the one approved by the European Union for Madeira, in an era of globalization ruled by concepts such as BEPs, transparency and automatic exchange of Information?
The world of international tax planning has changed a lot since we held our first webinar dedicated to the International Business Centre of Madeira (IBC), in 2013. But the pillars at the foundation of this preferential tax regime, which remain still today the basis for its competitiveness, are as relevant as ever: efficiency, transparency and credibility. These principles have guided the development of the IBC since it was created and they are one of the reasons why investors are increasingly choosing Madeira as a basis for their international operations.
In our forthcoming webinar dedicated to the International Business Centre of Madeira, our Managing Partner Frederico Gouveia e Silva will explain the advantages of the jurisdiction for international investments, from a tax, operational and institutional perspective.
Law 15/2017 was published in Portugal, prohibiting the issuance of bearer securities and creating a transitory regime for converting them into nominative shares for the amounts that existed at the date they came into effect.
Under this law, as of 4 May 2017, when it came into effect, all shares issued must be nominative and issuance of bearer shares shall not be permitted. Bearer securities shall be converted into nominative shares within a period of six months as of this date, it shall also be prohibited to transfer bearer securities, and the right to participate in the distribution of income associated with bearer securities shall be suspended.
Conversion of bearer securities into nominal securities will be the object of government regulation within the next 120 days.
You can access the entire text of the legislation here (in Portuguese).