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05-12-2017 MAR contributes to Portugal's inclusion in Qualship 21 For the first time, vessels under the Portuguese flag have been included in the Qualship 21 Index...

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11-10-2017 Madeira's IBC intensive promotional activity till the end of 2017... In the last quarter of the year, S.D.M. will conduct promotional missions to six more countries t...

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11-10-2017 MAR continues to show a positive growth trend... The continuous and positive growth of companies in the International Business Centre of Madeira i...

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11-10-2017 Licensing of new companies keeps growing Between January and the end of July, 121 new companies were set up within the International Busin...

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23-10-2015 MSC registers vessels in MAR MSC - the Mediterrenean Shipping Company, the second largest shipping company in the world and wh...

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22-09-2015 MAR with better conditions to compete internationally The amendments to the legal framework of the International Shipping Register of Madeira - MAR rec...

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Regime III of Madeira's IBC extended

The European Commission has decided to extend the authorization of new companies in the International Business Centre of Madeira until the 30th of June, 2014, confirming the preparation of the negotiations concerning the IV Regime of the IBCM, whose benefits will be extended beyond 2020.

This decision meets the expectations of various entities involved in the operation and development of the IBCM, providing international investors with a clear message of trust and credibility.

After the recent revision of the ceilings applicable to companies licensed to operate in the IBCM, the consequent negotiation with Brussels of the IV Regime of the IBCM may provide Madeira with a new and reinforced tool for economic development.

For S.D.M., this is a further step in the consolidation of the International Business Centre of Madeira as a fundamental means to attract foreign investment, diversify and modernize the island’s economy at various levels, among which, the creation of employment and the generation of significant tax revenues.


Attachments:

Official Document of the European Commission

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