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Madeira's New Investment Tax Code

29 August 2016
Madeira's New Investment Tax Code
Newsletters

Madeira's New Investment Tax Code

29 August 2016

A special Investment Tax Code applicable to investments in Madeira (RAM) was enacted in June 2016. The law seeks to adapt the national Investment Tax Code to Madeira’s special needs.

The tax benefits were included in Madeira’s Investment Tax Code with the aim of strengthening regional business and ensuring the recovery of good market dynamics. This is materialized by introducing incentives to investment and capitalization, and directing support for investments, particularly in areas such as: industry mining, manufacturing, tourism, com­puter activities and services, research and high tech, environment, energy and telecommunications as well as projects in the field of information technology.

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