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Madeira CINM Setup Guide 2026

The definitive technical guide to registering, structuring, and operating a Madeira International Business Centre entity before the 31 December 2026 licensing deadline. 8 chapters · 28 pages · Updated August 2026. Written for CFOs, founders, tax advisors, and legal counsel evaluating the CINM seriously. Covers the legal framework in full, the five eligible company profiles, the four substance pillars at the evidentiary level that AT inspections actually apply, the SDM licensing process step by step, the MiCA dual compliance stack for Web3 companies, the NL BV + CINM combined holding structure, first-year operational compliance, and the six errors most likely to put the 5% rate at risk. What's inside: Chapter 1 — The legal framework: Article 36.-A EBF and EC State Aid. Chapter 2 — The five eligible company profiles: international services, IP holding, Web3, SGPS, and shipping. Chapter 3 — Substance requirements: the four pillars and the CAAD 845/2025-T evidentiary standard. Chapter 4 — The SDM licensing process: documents, timelines, costs, and December deadline planning. Chapter 5 — MiCA + CINM: the dual compliance stack for Web3 and crypto companies. Chapter 6 — NL BV + CINM: dividend flows, exit structuring, and Hoge Raad 2025 substance. Chapter 7 — First-year operations: accounting, payroll, and transfer pricing. Chapter 8 — The six compliance errors that put the 5% rate at risk. By David Teixeira Duarte · Portugal Tax Intelligence. For informational purposes only. Not tax, legal, or regulatory advice.

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Contents

  • Chapter 1 — The legal framework: Article 36.-A EBF and EC State Aid.
  • Chapter 2 — The five eligible company profiles: international services, IP holding, Web3, SGPS, and shipping.
  • Chapter 3 — Substance requirements: the four pillars and the CAAD 845/2025-T evidentiary standard.
  • Chapter 4 — The SDM licensing process: documents, timelines, costs, and December deadline planning.
  • Chapter 5 — MiCA + CINM: the dual compliance stack for Web3 and crypto companies.
  • Chapter 6 — NL BV + CINM: dividend flows, exit structuring, and Hoge Raad 2025 substance.
  • Chapter 7 — First-year operations: accounting, payroll, and transfer pricing.
  • Chapter 8 — The six compliance errors that put the 5% rate at risk.

Intended audience

CFOs, founders, tax advisors, and legal counsel evaluating the CINM seriously.

Publication date

Not provided

Update history

  • August 2026