// resource · 15-point checklist
MADEIRA2030 Funding Eligibility Checklist
15 verification points covering fiscal, legal, documentary, and operational requirements. Validating these before any application avoids rejections on formal grounds — one of the most common causes of failure.
This resource is editorial and practical; it does not replace reading the specific notice or advice from a funding-applications specialist. Where this page and the published notice disagree, the official notice prevails.
→ to print as PDF: Ctrl+P (Windows) or ⌘+P (Mac), then "Save as PDF".
1 · Fiscal status
Most rejections on formal grounds come from this section. Verify before submission, not on submission day.
point 01
No outstanding debt to the tax authority
No-debt certificate from Portal das Finanças (valid 90 days). If on a payment plan, confirm it is current and attach proof.
point 02
No outstanding debt to Social Security
Compliance declaration via Segurança Social Directa. Same rule for payment plans — must be current and documented.
point 03
Corporate tax / personal income tax / VAT filed and paid
The last three periodic returns must be submitted and paid. Late filings are caught in automatic crosschecks with the tax authority.
2 · Legal structure
Every notice publishes the eligible CAE codes and admissible company size. Check before investing time in the application.
point 04
Primary CAE is on the notice eligibility list
Each notice publishes the annex of admitted CAE codes. If your primary CAE is not listed, check whether a secondary CAE (with material revenue in recent years) is eligible.
point 05
Company size matches notice categories
Micro, small, medium, or large enterprise — definition follows EU Recommendation 2003/361/EC (employees + turnover + balance sheet). Limits and category are auditable.
point 06
Registered office or permanent establishment in Madeira (RAM)
Either the registered office or a permanent establishment must be in the RAM. Confirm via Cartão de Empresa / IES. Mainland-based companies with a permanent establishment in Madeira are usually eligible — but read the specific notice.
point 07
Not in recovery, insolvency, or equivalent proceedings
Companies in PER, PEAP, insolvency, or other default situations are excluded from most programs. Verify on Citius.
3 · Financial documentation
The financial package separates executable applications from those that will fail technical review.
point 08
IES filings for the last two closed financial years
Required for financial-capacity analysis and company-size verification. Must be filed within legal deadlines.
point 09
Interim balance sheet and P&L (if applicable)
For notices with windows opening after mid-year, some programs require an interim balance/P&L at the closest date to submission.
point 10
Demonstrable co-financing capacity
MADEIRA2030 does not finance 100% — there is always a company co-financing share (typically 25-50% depending on notice, company size, and location). Confirm you have this in equity, approved bank financing, or a combination.
point 11
No prior state aid that breaches the de minimis ceiling
If the notice operates under de minimis, the ceiling is €300,000 of accumulated aid over 3 years (3 fiscal years — change introduced by Reg. 2023/2831). Sum all prior support before applying — include IFICI, micro-credit, etc.
4 · Project plan
Narrative and operational components. Forms are demanding; the technical part cannot be improvised in submission week.
point 12
Detailed budget with identified suppliers
Every investment line must be tied to a specific supplier (with NIF) and a quote — ideally three quotes for investments above thresholds defined by the notice (three-quotes rule).
point 13
Realistic execution timeline
Start and end dates, intermediate milestones, procurement sequence. Most programs require completion within 12-24 months; unforeseen delays cost reimbursement.
point 14
Measurable, auditable KPIs
Outcome indicators (jobs created, incremental revenue, exports, internationalisation, digital skills, etc.) with current baseline and 12/24/36-month target. Targets must be defensible — do not inflate.
point 15
Coherence between project, CAE, commercial plan, and team capacity
Reviewers look for inconsistencies. If the project involves internationalisation but the company has never exported and no one on the team speaks a second target-market language, that is a weakness. Attach key-team CVs and justify.
How to use this checklist
Run through the 15 points before you even start writing the application. For each point, record one of three answers: ✓ confirmed, ◐ to confirm (with a specific action to confirm it), or ✗ does not meet.
If you have more than two "✗" answers among points 4-7 or 10-11, we recommend not proceeding with this submission window and using the time to regularise before the next notice.
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