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Portugal (Madeira) company registration - business setup

Full Scope

5 simple steps are needed to register a company in Portugal

 
 
Upload your documents
Your account manager will ask you for official documents which are required for your company formation.
 
Register your company successfully
Once your documents have been processed your company will be successfully registered.
 
Process any additional services
Your account manager will guide you through the steps of completing your request of additional services such as bank accounts.
 
Manage Your company via our client portal
Our client portal will give you immediate access to all your documents as well as display your company structure.
 
 

Portugal banking options

SFM offers a banking introduction service to various banks around the world. While your business is registered in Portugal, it is free to open bank accounts anywhere in the world. The banks offered on our website do not constitute an exhaustive list. The choice of banking institution is always determined by the client, and SFM will guide the client and streamline the whole process.

 
 

Portugal (Madeira) Company Formation

Good to Know
As well as the low Corporate Tax rate of 14.7% (11.9% up to 25,000 € taxable profit), there are many other benefits of doing business in Madeira. For example, the island of Madeira is an autonomous region of Portugal and part of the European Union.

Characteristics Of Portuguese Company

Company type
Limited Liability Company / Limitada (Lda)
Governing corporate legislation
Madeira companies are regulated under the Portuguese Commercial Companies Code.
Information published relating to company officers
Upon registration of the company, the names of company officers and shareholders will appear on public record.
Accounting requirement
Annual accounts and quarterly VAT returns must be filed.
Taxation
Madeira’s corporate tax rate is 14.7% (11.9% up to 25,000 € taxable profit). Licensed Madeira International Business Centre’s companies can apply a reduced CIT rate of 5% under certain conditions.
Standard currency
EUR
Time to form
Madeira has a fast and efficient registry. Company formation can be processed within 2 weeks (upon validation of your identification documents)*
Stability
Very stable jurisdiction with an excellent reputation.
Communication
Good communication means.
Time zone
Convenient time zone (GMT).
Secretary required
No
Paid up capital requirement
Minimum share capital: EUR 2
Renewal Date
Anniversary date of the company / Each Year
Basis of legal System
Civil Law
Minimum directors/shareholders
Minimum of 1 director and 1 shareholder.
Bearer shares
Bearer shares are not permitted.
Additional Facts
Madeira’s strong legal and regulatory landscape makes the country an attractive and stable place to do business. Portuguese regulators across different sectors have a strong reputation for excellence.

Documents Required

for the Creation of the Company

A certified copy Certification of a passport can be made by a notary, an attorney-at-law, a bank, a public officer, or in accordance with SFM indications. Kindly consult your dedicated account manager at SFM to obtain precise information. of your passport, a certified copy of proof of domicile dated less than three months, a curriculum vitae, as well as last 3 months' bank statement. All in original.**







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* Subject to the constraints of the due diligence procedure.
** Documents must be provided for every person related to the company.
Disclaimer: Nothing on this webpage shall be construed as a contractual commitment or as a warranty. Services conditions are governed by the applicable terms and conditions.

Our Client Reviews

Our Testimonials Are Verified By Feefo, A Third Party Company

4.7 out of 5 stars customer rating
Overall Rating
96% Customer satisfaction rate, testimonials verified by Feefo.com
04-Jan-2023
I have used SFM for company set up and also for company dissolution. I have found them to be efficient and courteous. Sometimes responses involving the local registration authorities have taken some time, but I surmise that this is attributable to the third party involved. I would have no hesitation in recommending them to others.
03-Nov-2022
Experienced professionals and very fast Excellent value for money.
19-Oct-2022
Very helpful and repsonsive.
11-Oct-2022
Exellent customer service at SFM ! Thank you Xenia for your amazing support !
11-Oct-2022
I am very satisfied with the service provided by SFM Corporate Services. Very professional and quick. I am happy to work with such professional team. Hopefully we will continue working together for many more years.
13-Sep-2022
Took a little longer than I expected but the service and the perceverence was verry good. I always felt that I was dealing with a trustworthy company
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