With a young population of educated Madeiran locals

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The underlying potential of earning income from a trademark is never ending and varies widely – whether it is a word, phrase, symbol, design or a combination of things that identifies your brand, trademarks are a great way to earn income in a tax efficient way in the IBC of Madeira.

Companies may set up group structures whereby the operational and trading activities occur in the respective jurisdictions and these companies make a payment to the Madeiran company who owns the trademark. The income from the use of the trademark is then subject to the beneficial tax rate of 5%.

Telecoms
Setting up a call centre in the tropical island may be of interest. International companies, latvia mobile database hotel, insurance or bank groups, among others, who require call centres, may set up their operations in the island and benefit from the lower tax rate for the income earned by the company for telecoms communication.

What makes this option very attractive is the fact that there are many young people in Madeira who are highly educated and able to speak more than two languages – English being one of them! Further to this, and as mentioned already, Madeira has a low basic salary (one of the lowest in Europe) – making it a feasible financial option for businesses. Lastly, Madeira shares the same time zone as London, one of the world’s most important financial districts – and it is therefore easier, from an operational point of view, to do business with the same time zone.