Malaysia Hotline: +603- 2141 8908
Macao
corporate formation is also called Macao company setup, Macao business setup
,Macao company registration , Macao company incorporation, Macao business
establishment and Macao business registration. It is a new choice for investors
worldwide to set up business and make profits. Macau, a commercial city with a
very open economy, advantageous geographic location and complete
infrastructure, a free port without
exchange controls, has attracted more and more investors to invest in it.To
ensure the success of registration, detailed information needs to be known by
investors worldwide before setting up.
Why to set up Macao companies
-Stable
financial system
-Satisfactory
trading environment
-Low
taxation rate system and low operating cost
-It is a
potential offshore service center
-It is a
platform for economic and trading cooperation between mainland China and
Portuguese-speaking countries.
What type of company to be set up
in Macao
-Macau
local company: including Personal commercial enterprise,Corporate commercial
enterprise and Economic interest group
-Macau
offshore company: Macau offshore company means a Macau company operating
outside of the Macau region. Benefits for this kind of company include
exemption from profits tax, business tax, stamp duty, and offshore company
management and technical professionals who are approved to reside in Macau can
be exempt from salary tax for the first 3 years of employment in an offshore
company, etc.
What information needed for Macao
corporate formation
-Chinese
and English names of company
-Copies
of ID cards or passports of shareholders and directors
-Copies
of ID cards or passports of relevant staff
-Registered
address of company
-Registration
of Macau local or offshore company (requires about 3 to 4 weeks)
What procedures to be followed
for Macao corporate formation
1. Name
Incorporation:Intended company name and business operations
2.
Investment prospectus:including invested funds, working process, business
nature, and profits in future 3 years, etc.
3.
Signing Memorandum and Articles of Association/agreement: having contract or
private agreement signed as per company type and as provided by law, and
certified by notaries.
4.
Business registration:attaching Letter of application,Notarial deed for
shareholders of company, Copies of personal ID document and shareholders register,
Register of Board members and acceptance of appointment statement and
Certificate of admissibility of company name
5. Starting
business declaration:Starting business declaration form,Copy of shareholder's
ID document,Copy of business registration certificate,Copy of Memorandum and
Articles of Association/agreement and Business tax payment voucher
What taxes to be paid by Macao
registered companies
Taxation
of not more than MOP3,000 shall be fully paid in September. Taxation more than
MOP3,000 shall be paid in two installments between September and November. In
case of taxation paid by installment, a default in payment of the first
installment of taxation within September as provided will cause overdue
interest and 3% of unpaid taxation levied additionally, and will cause the
second installment of taxation to become due immediately.
What funds to be paid by
employers in Macao companies
Employers
shall contribute MOP30 per month for native employees who shall contribute
MOP15 per month. Employers shall contribute MOP45 per month for non-native
employees who shall contribute nothing.
What to pay for government by
Macao corporations
Offshore
organizations approved to operate in Macau need to pay establishment fee of
MOP5,000 to relevant governmental authority, and pay semiannual operating fee
ranging from MOP5,000 to 15,000 (applicable to offshore business service
organizations), or from MOP3,000 to 10,000 (applicable to offshore auxiliary
service organizations).
Contact
us
If
you have further queries, please contact Tannet
24
hours Malaysia hotline：603-21418908;
24
hours Hong Kong hotline：852-27837818;
24
hours Hong Kong hotline：86-755-
36990589;
Email:
mytannet@gmail.com