Madeira Registry Information

	General
	Flag of Convenience		No
	IMO Conventions Adopted		All the principal IMO Conventions have been adopted
	Age Limit		None
	Size Restrictions		None
	Ownership Requirements		There are no local ownership requirements.
	Registration Documents
	Documents Required		For Temporary Registration: Power of Attorney in favour of a local legal representative Articles of Association Certificate of Registry of the foreign flag state Permission from ship owner, mortgagee and foreign flag state For Permanent Registration: Declaration of Ownership A Deletion Certificate (if applicable) Evidence that no charges are recorded against the ship or applicant A Carving and Marking Note Certificate of survey and an international tonnage certificate
	Registration Fees
	Registration		A fixed fee of €1,800 plus a variable fee as follows: 0-250 NT - €225 250-2,500 NT - €0.90 per NT 2,500-10,000 NT - €0.75 per NT 10,000-20,000 NT - €0.60 per NT 20,000-30,000 NT - €0.50 per NT 30,000-40,000 NT - €0.40 per NT 40,000-50,000 NT - €0.30 per NT 50,000-60,000 NT - €0.20 per NT Above 60,000 NT - €0.10 per NT
	Annual		The annual tonnage tax is charged a fixed fee of €1,400 plus a variable fee as follows: 0-250 NT    - €200 250-2,500 NT  - €0.80 per NT 2,500-20,000 NT - €0.40 per NT Above 20,000 NT - €0.25 per NT
	Parallel Registration
			Parallel registration in or out of the Registry is permitted on a temporary basis
	Approved Classification Societies
			ABS,BV,DNV,GL,LRS,NKK,RINA
	Crew Nationality
			The Master must be an EC national and normally 50% of the crew must be from the European Union.

» Introduction

The Madeira landmass encompasses approximately 770 sq km and is located in the Atlantic Ocean, 1,000 km from mainland Portugal and 870 km from North Africa. The topography is mountainous and the highest point is 1,862 metres. The scenery is spectacular and the vegetation diverse.

» Population

The population is approximately 265,000 of which 100,000 live in the capital Funchal and are all mainly of Portuguese origin, with a small expatriate British community.

» Political Structure

Madeira was discovered and colonised by the Portuguese in 1419 and partial political autonomy was eventually granted in 1976. Madeira is represented in Lisbon by five members who are elected by universal suffrage.

Portugal has a written constitution, which defines the political structure and the role of the legislature.

The Madeira Regional Parliament is an elected body, which legislates on Madeira interests such as the budget, and its responsibilities are defined in the constitution. The Madeira Government cannot however, overrule decisions made by the Central Government in Lisbon nor override political unity with Portugal.

» Infrastructure and Economy

Communications are good; there are six daily flights to and from Lisbon, the Portuguese capital, and Lisbon Airport is an international air transport hub. The flight from Lisbon to Madeira is one hour and thirty minutes. There are also flights from Madeira to other European countries including five direct scheduled flights a week to London.

» Language

Portuguese is the national language, English is taught in schools and is used daily in commerce and international trade.

» Currency

The Euro €.

» Exchange Control

None.

» Type of Law

Civil Law.

Information Downloads

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Madeira Fact Sheet	107KB	61KB