Frederico Gouveia e Silva

Managing Partner

As NEWCO’s Managing Partner, Frederico is responsible for the strategic leadership and executive management of the company, as well as for the development of new businesses and markets.

Frederico has a Bachelor's Degree in Economics from the Universidade Nova de Lisboa (New Lisbon University) and has taken various postgraduate courses in Taxation and in Accounting, as a result of which he is a qualified tax consultant and chartered accountant. He has also been the chairman of the Bureau of the International Business Centre of Madeira (CINM) at the Madeira Chamber of Commerce and Industry (ACIF-CCM) and Vice-President of the Association of Professionals of the International Business Centre of Madeira (APCINM). Additionally, he is member of the International Fiscal Association (IFA).

Frederico is co-author of the book Madeira - Reflexões sobre o Desenvolvimento: Um olhar sobre 10 pequenas economias. As well as Portuguese, his native language, Frederico speaks fluent English and Spanish.

André Gouveia e Silva


André joined the company in late 2008, bringing his know-how and experience on Portuguese rule of law to the company as a NEWCO Partner. He is a member of the Portuguese Bar Association and currently practices at Abreu Advogados.

A Law graduate from the University of Lisbon, he has completed several postgraduate courses including an intensive course in Taxation and another in Management from the Catholic University of Portugal. He often has articles published in specialist magazines. André speaks Portuguese, his native language, and is fluent in both English and Spanish.

Karl Diacono


Karl is an entrepreneur and Management Executive. He has been a director on the Board of NEWCO since 2014. He works closely with the rest of the board on the strategic development of the business.

Karl has a Master Degree in Business Administration and has over 30 years’ experience in Senior Management positions as well as on the Board on large companies including FTSE 100 listed entities.  He is a member of the Association of International Financial Services Practitioners. Besides Maltese, his mother tongue, Karl also speaks fluent English and Italian.

Josef Pace


Josef is a director of NEWCO, working closely with the rest of the board on the strategic development of the business. Josef also heads the Malta accounting and tax compliance team and is responsible to deliver the necessary statutory accounting and tax compliance services to our clients.

During his career, Josef occupied posts of Accounts Manager, Audit Manager, Financial Controller and Chief Financial Officer within a Big four firm in Malta. He is an ACCA graduate and is a certified public accountant by profession, whilst also holding a practising certificate in auditing.

Paulo Gouveia e Silva


Paulo Gouveia e Silva is a lawyer and has been a member of the Portuguese Bar Association since 1970. At the end of the 80s, he founded the SMS Law Firm – which became the market leader in Madeira – later merging with Abreu Advogados, one of the largest leading law firms in Portugal. He is also Senior Partner of this firm.

Paulo is the founding lawyer of NEWCO, which was established as Newmadeira in 1990, and has since held the position of Co-managing Director. He is currently a NEWCO Partner and member of the International Association of Lawyers.

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NEWCO is an inward investment services provider in Portugal and Malta. With 30 years of experience, we are your one stop shop for investment and relocation services in Portugal or Malta.

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