Madeira (Portugal) International Business Centre offers reduced tax rates. Portugal's crypto-favorable tax regime applies with additional free zone benefits. EU/MiCA regulations apply.
| Status | crypto_friendly |
| Risk Score | 15/100 (Low Risk) |
| Region | europe |
| Currency | EUR |
| Capital Gains (Personal) | 0% for holdings >365 days (general exemption, not NHR-dependent); 28% for holdings <365 days. NHR original regime closed to new applicants since 1 Jan 2024. NHR 2.0 (IFIC) applies 20% flat rate on qualifying Portuguese income for eligible innovation/science workers. |
| Capital Gains (Corporate) | 5% MIBC rate |
| VAT on Crypto | No |
| Staking Tax | 28% flat rate as Category E (investment income) for occasional staking. Professional/regular staking taxed at progressive rates as business income. AT guidance issued May 2025 specifically addressed staking as taxable investment income. |
| Airdrop Tax | No specific guidance |
No crypto-specific tax guidance available.
| Required | Yes |
| Regulator | Banco de Portugal / CMVM |
| Framework | MiCA (EU Regulation 2023/1114, fully applicable 30 Dec 2024) + Law No. 69/2025 (Portuguese MiCA implementing law, 22 Dec 2025) + Law No. 83/2017 (AML) as amended by Law No. 70/2025 (Travel Rule implementation) |
No significant enforcement actions reported; jurisdiction actively encourages crypto business
| KYC Required | Yes |
| Travel Rule | Yes |
| FATF Member | Yes |
| FATF Status | compliant |
| FATF Body | FATF |
| Suspicious-Activity Reporting | Yes |
Status: Legal
No specific DeFi regulation; generally permissive environment
Status: regulated
MiCA stablecoin rules fully applicable since 30 Dec 2024. Asset-Referenced Tokens (ARTs) require prior authorization from Banco de Portugal. E-Money Tokens (EMTs) restricted to licensed credit institutions or e-money institutions. Significant ARTs/EMTs supervised at EU level by EBA. Law No. 69/2025 designates BdP as competent authority for ART/EMT supervision in Portugal.
Status: no_rules
No specific NFT regulation; generally permitted
| Legal | Yes |
| Electricity Cost | $0.15/kWh |
| Renewable Energy | 30% |
| Infrastructure | good |
Mining is legal within Madeira Free Trade Zone with moderate electricity costs and 30% renewable energy share. Infrastructure quality is good due to EU standards and regional development.
| Stability | stable |
| Sanctions | No |
| Corruption Index | 70/100 |
| Banking Access | open |
| Sanctions Program Active | Yes |
Risk Factors
Madeira, as an autonomous region of Portugal and EU member, benefits from stable political environment, good internet freedom, and open banking access. No international sanctions apply. Corruption index reflects moderate cleanliness.
Madeira (Portugal) International Business Centre offers reduced tax rates. Portugal's crypto-favorable tax regime applies with additional free zone benefits. EU/MiCA regulations apply.
Madeira Free Trade Zone is classified by FATF as: compliant.
Yes, licensing is required for VASPs.
KYC is mandatory for crypto businesses.
Soken combines Web3 security engineering and crypto-legal counsel — two specialised tracks, one team. Pick the side that matches your need.
VASP licensing, jurisdiction analysis, AML/KYC, legal opinions, company registration and banking access.
Explore Legal Services → IT & SecuritySmart-contract audits, penetration testing, Web3 development, AI/LLM security audits.
Explore IT Services →Last reviewed: 2026-09-30 · Data source: Soken Crypto Legal Map
← Back to Crypto Map