Company Registration in Madeira

Advantages of jurisdiction:

• Setting up a new company on the island can be done quickly and remotely, with minimal cost and personal involvement in the process.
• To incorporate a company in Cyprus, you do not have to visit the country in person. With the rapid introduction of online systems, the entire process of setting up a company can take place remotely.
• There is no clear requirement for the minimum amount of share capital of a company. It is determined individually and depends on the size and specifics of each particular company. For example, you can indicate in the share capital as low as 1000 euros.
• All required certificates and certificates of incorporation can be provided in English.
  It takes only 48 hours to obtain a VAT number. It allows you to deal with your European counterparts on much more favourable terms and increases the level of confidence in your company.
• The islands legislation allows for nominee shareholders and directors, providing considerable privacy for investors.
• The ability to redomicile a company from another jurisdiction. If you intend to relocate your company internationally, you can transfer your existing company to Cyprus.
• Cyprus is not blacklisted by the OECD, so your business will operate in a reputable jurisdiction on a perfectly legal basis.
• This country has one of the most loyal tax policies in Europe. So, owners of island firms can count on zero tax on income from securities transactions, real estate re-registration, income from subsidiaries and foreign branches, etc. The local government has done everything possible to encourage international businessmen to not only do business but also to live on the island.
• You can always close a company with minimal bureaucratic procedures.
• All closed companies can be restored to the commercial register within 20 years.