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Portugal Amends Madeira Free Zone Legislation Including December 2021 Deadline to Apply

|Approved Changes|Portugal
Portugal

Portugal published Law No. 21/2021 in the Official Gazette on 20 April 2021, which introduces amendments regarding the Madeira Free Zone (Zona Franca da Madeira). This includes that companies may apply for a license to operate in the Free Zone until 31 December 2021, with companies granted a license allowed to benefit from the Free Zone tax benefits until 31 December 2027. The amendments also …

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