Furthermore, land in Madeira will only qualify if the purpose is to build an office or other related business activity structure for the company.
Investments, in fixed tangible or intangible assets, must be made in the first two years of activity. Investments must be made in the first two calendar years of activity (instead of the first 24 months of activity).
Does the value of €75,000 need to be maintained annually?
Although the object needs to be maintained during the company's operation, only the honduras mobile database total amount of the investment is relevant. Subsequent depreciation, after the initial acquisition, does not require new investment. Thus, €75,000 is not a threshold that needs to be maintained annually.
Additional tips on meeting investment criteria
Here are some additional tips to help you meet the €75,000 material requirement:
Make sure your investment is related to your company's business activities. There must be a link between the investment and the business activity.
Keep good records of your investments.
Be prepared to provide proof of your investment to the MIBC and the Portuguese Tax Authority.
When is it necessary to invest?
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