Madeira: Global Solutionsfor Wise Investments
Madeira: Global Solutions          for Wise Investments“Madeira’s Economy - Overview”         15th of November, 2010      ...
1 – Madeira Island Geographic Highlights      √2 - Economic and Social Framework3 - Economic Data4 - Economic Sectors5 - L...
Madeira Island Geographic Highlights    Rafael Oliveira
1 – Madeira Island Geographic Highlights      √2 – Economic and Social Framework                                          ...
Economic and Social                                                                        Framework              Above Al...
Economic and Social                                                                              Framework                ...
1 - Madeira Island Geographic Highlights      √2 - Economic and Social Framework             √3 – Economic Data           ...
Economic DataSource:DREM – Direcção Regional deEstatística da Madeira                              Rafael Oliveira
Economic DataSource:DREM – Direcção Regional de Estatística da Madeira                                       Rafael Oliveira
1 - Madeira Island Geographic Highlights      √2 - Economic and Social Framework             √3 – Economic Data           ...
Economic SectorsSource:DREM – Direcção Regional de Estatística da Madeira                                                 ...
Economic SectorsA modern economy based in the international services(Tourism: 28%, IBCM: 21%)                            •...
Economic SectorsSource:DREM – Direcção Regional de Estatística da Madeira                                   Rafael Oliveira
Economic Sectors                 The International Business Centre of Madeira (IBC) is                 an instrument of re...
Economic Sectors           Benefits for Companies:•   Reduced corporate tax rates (0-5%) until 2020;•   No withholding tax...
Economic Sectors            Results by the end of 2009: More than 3000 companies licensed:              General Services...
Economic Sectors                       Source:                       INE, Contas RegionaisRafael Oliveira
Long-term development of                                                                        Madeira IslandCompanies in...
1 - Madeira Island Geographic Highlights      √2 - Economic and Social Framework             √3 - Economic Data           ...
Long-term development of                                                                                     Madeira Islan...
Thank you ! Rafael Oliveira
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Madeira - Global Solutions for Wise Investements by SDM

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  • Cerca 75% da população habita em apenas 35% do território, designadamente na costa sul. É nesta zona que se desenvolve a grande parte da actividade económica e se localiza a maior parte das unidades hoteleiras.
  • Madeira - Global Solutions for Wise Investements by SDM

    1. 1. Madeira: Global Solutionsfor Wise Investments
    2. 2. Madeira: Global Solutions for Wise Investments“Madeira’s Economy - Overview” 15th of November, 2010 Rafael Oliveira
    3. 3. 1 – Madeira Island Geographic Highlights √2 - Economic and Social Framework3 - Economic Data4 - Economic Sectors5 - Long-term Development of Madeira Island Rafael Oliveira
    4. 4. Madeira Island Geographic Highlights Rafael Oliveira
    5. 5. 1 – Madeira Island Geographic Highlights √2 – Economic and Social Framework √3 - Economic Data4 - Economic Sectors5 - Long-term Development of Madeira Island Rafael Oliveira
    6. 6. Economic and Social Framework Above All ...• Autonomous Region of Portugal;• Political stability (same political party in power for the last 30 years);• Own Parliament, democratically elected, with legislative powers;• Regional Government nominated by the Parliament;• Autonomous Tax Administration with extensive powers, including that of issuing rulings;• Portugal is a member state of the European Union (E.U.) for almost 20 years, and is a member of OECD;• Part of the European Monetary System. Rafael Oliveira
    7. 7. Economic and Social Framework Modern infrastructureIntercontinental Airport:• Winner of the international ”Outstanding Structures Award”;• Linked to 45 worldwide airports;• Several international airlines depart from and arrive at MadeiraAirport, namely (among others): EasyJet; Air Berlin; Condor;Thompson, Jet2 and Transavia.Road Network:• 135 Km of highways;135 bridges and viaducts;163 tunnels.Telecommunications:• Excellent technical infrastructures, high bandwidth capabilitiesas well as dedicated server hosting and housing facilities. Rafael Oliveira
    8. 8. 1 - Madeira Island Geographic Highlights √2 - Economic and Social Framework √3 – Economic Data √4 - Economic Sectors5 - Long-term Development of Madeira Island Rafael Oliveira
    9. 9. Economic DataSource:DREM – Direcção Regional deEstatística da Madeira Rafael Oliveira
    10. 10. Economic DataSource:DREM – Direcção Regional de Estatística da Madeira Rafael Oliveira
    11. 11. 1 - Madeira Island Geographic Highlights √2 - Economic and Social Framework √3 – Economic Data √4 – Economic Sectors √5 - Long-term Development of Madeira Island Rafael Oliveira
    12. 12. Economic SectorsSource:DREM – Direcção Regional de Estatística da Madeira Rafael Oliveira
    13. 13. Economic SectorsA modern economy based in the international services(Tourism: 28%, IBCM: 21%) • 196 hotels and excellent tourism facilities; • GDP per capita and productivity above national average; • Highly specialized and efficient professional services providers; • Qualified workforce, excellent language skills; • A University (Madeira University) with a Carnegie Mellon Masters Degree and several degrees, such as management; IT; economics; medicine; biology; • Low operational costs. Rafael Oliveira
    14. 14. Economic SectorsSource:DREM – Direcção Regional de Estatística da Madeira Rafael Oliveira
    15. 15. Economic Sectors The International Business Centre of Madeira (IBC) is an instrument of regional economic development of Madeira, created with the goals of:• Modernizing, diversifying and internationalizingthe productive structure of goods and services ofthe Region; Attraction of foreign investment through the• Compensating structural weaknesses resulting granting of tax incentivesfrom the reduced size of the internal market andfrom the ultra peripheral status of Madeira. Rafael Oliveira
    16. 16. Economic Sectors Benefits for Companies:• Reduced corporate tax rates (0-5%) until 2020;• No withholding tax on dividends;• No withholding tax on interest and royalty payments;• No capital duty;• Lowest VAT rate in the European Union: 15%;• Wide network of Double Tax treaties (50). Rafael Oliveira
    17. 17. Economic Sectors Results by the end of 2009: More than 3000 companies licensed:  General Services  Intellectual property (IP)  Trading Companies  Telecom / e-business  Asset Management  Shipping  Holdings  Trusts More than 240 vessels, yachts & oil rig platforms registered in MAR. Rafael Oliveira
    18. 18. Economic Sectors Source: INE, Contas RegionaisRafael Oliveira
    19. 19. Long-term development of Madeira IslandCompanies in Madeira suffer frompermanent disadvantages that replicateeconomic costs guided by these mainfactors:• Very Limited Internal • Isolation from the main • Economies of scale • Difficult access toMarket; European markets that and scope nonexistent; capital markets due to reproduces transportation diminutive dimension; over costs; Rafael Oliveira
    20. 20. 1 - Madeira Island Geographic Highlights √2 - Economic and Social Framework √3 - Economic Data √4 - Economic Sectors √5 - Long-term development of Madeira Island √ Rafael Oliveira
    21. 21. Long-term development of Madeira Island Strategic Guidelines: Until 2007 the European Union Structural Funds were primarily targeted into basicinfrastructures in transport, communications, energy and urban renewal; For the period 2007-2013, following the Lisbon Strategy, the regional developmentpolicy is to converge into a knowledge-base society as a result of 3 combined factors:Business Competitiveness – Sustainable Development - High Qualified HRImprove the regional organizational performance in order to provide Madeira’scompanies with the appropriate mechanisms for investment, performance and funding Knowledge-basedleading to an up-grade business network; EconomyCreate all the conditions and proficiency for the development of value-added businessand International activities within the Madeira International Business Center;Strengthen the competitivity of the MIBC for activities which fall within the scope of theeconomy of knowledge, specifically e-commerce and telecommunications, so as toplace Madeira on the global map of the new economy. + Innovation = + Development = + Employment Rafael Oliveira
    22. 22. Thank you ! Rafael Oliveira

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