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Economy1 min read

Government approves tax credits of almost 800,000 euros for two companies

The Government Council approved tax benefit contracts for Anjos Otimistas and Secret Hemisphere Alojamentos, totaling 791,778.50 euros in Corporate Income Tax credits.

The Regional Government Council, meeting in plenary on September 16, approved the drafts of two contracts for the granting of tax benefits to companies, under the Investment Tax Code of the Autonomous Region of Madeira. The contracts provide for the allocation of Corporate Income Tax (IRC) credits.

The investment projects presented by the companies were considered of special interest to the regional economy, meeting the legal conditions for granting the benefits. The contracts will be signed between the Autonomous Region of Madeira, represented by the Institute for Business Development (IDE), IP-RAM, and the beneficiary companies.

The companies and the approved amounts are as follows:

  • Anjos Otimistas, Unipessoal, Lda. (corporate entity no. 517 320 509) via Regional Government Council Resolution no. 898/2026 – Tax credit (IRC) up to a maximum amount of 314,969.17 €.
  • Secret Hemisphere Alojamentos, Lda. (corporate entity no. 517 388 880) via Regional Government Council Resolution no. 899/2026 – Tax credit (IRC) up to a maximum amount of 476,809.33 €.

The resolutions entered into force on the day following their publication in the Official Journal of the Autonomous Region of Madeira, on September 21, 2026.

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