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09-10-2019 MAR in the top 15 shipping registers of the world... “The International Shipping Register of Madeira (MAR) achieved a new level of international......

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25-09-2019 An IT company in Madeira innovates on the Internet of Things... “Originally, we came to Madeira because it is a wonderful place to live and didn’t have big p...

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24-09-2019 TV APP pleased with Madeira as a business location... TV APP Agency is a company operating in the International Business Centre of Madeira, whose main....

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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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Negotiations between Portugal and Hong Kong on the double taxation agreement concluded

The Portuguese Ministry of Finance and Public Administration recently announced on its official website that negotiations towards the conclusion of a Double Taxation Agreement between the Portuguese Republic and the Hong Kong Authorities have been concluded.

The signature of this agreement, to be concluded under the OECD Model Convention, is expected to take place during the forthcoming months.

The upcoming signature of this agreement is noteworthy and extremely relevant, given the strong and increasing economic development that this jurisdiction has been witnessing.

Moreover, the conclusion of this agreement may render investments through the incorporation of a company within Madeira’s IBC even more attractive both to domestic and foreign investors wishing to invest in and from this country, especially in Europe and Portuguese Speaking Countries, since, besides the advantages of the IBC regime, they might potentially benefit from a relevant instrument of tax relief.

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