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All commercial and international activities possible. This society was registered before the year 2000 (1995) ADVANTAGES : Companies which have been licensed in the Free Trade Zone (FTZ) until the year 2000, so called shelf companies - are tax exempt until 31.12.2011 from: - Corporation tax - Business tax - Tax on assets - Capital gains taxes - Withholding tax on dividends - Inheritance tax The island of MADEIRA would not know how to be considered to be " fiscal paradise ". The temporary exoneration allowed by the European Union constitutes a foreign aid, but does not correspond to the notions of " fiscal paradise " or territory with privileged taxation therefore , as much as are applicable rules which come to restrict this exoneration of levy. |