Companies in Macau

Macau is an autonomous region of China and the city of Macau. Despite direct subordination to China, this territory owns its own currency, legislation and government bodies like an independent country. GDP growth, a high standard of living and a loyal attitude of Macao legislation towards non-residents attracts foreign companies to engage in commercial activities in the country.

It is quite difficult to register a company in Macau on your own. This is due to the need to possess certain information about the conditions for registering and doing business. For help, contact the consulting company Positive Invest.

Registration of a company in Macau

The history of the city has several periods when the city was subordinate to different countries. As a result, local legislation is based on Portuguese, German, English and Chinese common law. Errors in filling out the documents or at the stage of registration may result in a denial of registration or restriction of the company's activities.

A distinctive feature of the jurisdiction is the ability to register an offshore company in Macau. An offshore company can be registered in three ways:

1. Unlimited Company.
2. Limited partnership.
3. Limited company.

In order to register an offshore company in Macau, it is necessary to provide the state authorities with a business plan indicating the direction of activity, working conditions for residents, office space, etc. It is worth noting that after obtaining a license, it is necessary to legally confirm the fulfillment of all obligations.

Registration of business in Macau. Characteristics of taxation

The amount of income tax depends on the level of income: in the case when the company's profit does not exceed 30,000 patacas, taxes are not paid. In turn, more profitable companies must contribute 12% of the amount of income.

Capital gains are not taxed. There is also no VAT.

There are no currency control requirements. However, 40% of exports must be kept in national currency.

Open a company in Macau. Peculiarities

To register a business in Macau, you must provide documents completed in Chinese, Portuguese or English.

Assistance in registering a company in Macau

The specialists of the consulting company Positive Invest have the experience for guaranteed registration of a company in Macau and business support. The professionalism of our employees will eliminate the occurrence of unplanned obstacles at the stage of registration and doing business. Positive Invest services include:

• preparation and apostille of documents;
• selection of the company name;
• registration with payment of duties and fees;
• opening a bank account with a financial institution operating in the jurisdiction of Macau;
• legal support of business;
• nominee service

and others.

Consulting services Positive Invest is a way to start a business abroad without any problems. Take advantage of the opportunity and contact the specialists at the indicated phone numbers!