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The International Business Center of Madeira (IBCM) or Madeira International Business Centre (MIBC), formally known as the Madeira Free Trade Zone, is a set of tax benefits authorised by Decree-Law 500/80 in 1980, legislated [1] [2] in 1986, and amended throughout the years by the Portuguese government to favor the Autonomous Region of Madeira.
In the 2023 regional election, the We Are Madeira coalition (PSD/CDS–PP) was again the most voted coalition, 43 percent, but failed to win an absolute majority. [6] After the elections, PSD and CDS–PP sought the parliamentary support from PAN, which guaranteed an absolute majority in the regional parliament.
The Government of the Autonomous Region of Madeira is the local government of this Portuguese autonomous region. [ 2 ] [ 3 ] [ 4 ] The Regional Government is one of the two organs of self-government of the Autonomous Region along with the Regional Legislative Assembly , to which it is politically accountable .
A snap regional election will be held in Madeira on 23 March 2025, [1] to determine the composition of the Legislative Assembly of the Autonomous Region of Madeira. The election will replace all 47 members of the Madeira Assembly, and the new members will then elect the President of the Autonomous Region.
The Assembly of the Republic has 230 members elected to four-year terms. The number of seats to be elected by each district depends on the district magnitude. [1] 226 seats are allocated proportionally by the number of registered voters in the 18 Districts in Mainland Portugal, plus Azores and Madeira, and 4 fixed seats are allocated for overseas voters, 2 seats for voters in Europe and ...
Madeira (/ m ə ˈ d ɪər ə / mə-DEER-ə or / m ə ˈ d ɛər ə / mə-DAIR-ə; [4] [5] [6] European Portuguese: [mɐˈðɐjɾɐ] ⓘ), officially the Autonomous Region of Madeira (Portuguese: Região Autónoma da Madeira), is an autonomous region of Portugal.
It is the warmest city in Portugal, with an annual temperature of 20.1 °C (68.2 °F). The climate can be divided into two main seasons: a warm dry summer season spanning from May to September with average daily high temperatures ranging from 22 to 26 °C (72 to 79 °F), and a cool wet winter season from October to April with average daily high ...
The president of the Legislative Assembly of Madeira is the speaker of the regional parliament of this autonomous region of Portugal.. The position was created in 1976 after the newly enacted Constitution of Portugal, which followed the 1974 Revolution, granted legislative autonomy to the Azores and Madeira archipelagoes, thus establishing the Portuguese Autonomous Regions and the respective ...