Incorporation costs in Year 1 amount to €3,900 and annual company costs in Year 2 and thereafter amount to €0. The average fee per Madeira engagement amounts to €11,700, which includes company incorporation and opening a local corporate bank account and all government fees. Refer to draft invoice embedded here.
|Different Madeira entity types||Cost||Draft invoice|
|Freezone company (IBC)||€12,200|
Other fee considerations
The average Madeira company registration period is 12 weeks as outlined below: