Cost of registration | The cost of the second year | Number of Directors | Corporate tax rates | Payment of Charter Capital | Financial statements |
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6000.00 USD | 2625.00 USD | 1 | 12.00% | 25000.00 | Yes |
Macau is an autonomous territory within the People's Republic of China. It is located in about 60 kilometers from Hong Kong and has its own monetary, legal, judicial, customs and legislative systems. Macau region consists of the peninsula of the same name and the islands of Taipa and Coloane (in the South China Sea). Macau is a former Portuguese colony, which is reflected in the predominance of the Portuguese language, which is used interchangeably with the Chinese. In Macau, you can also see a lot of examples of architecture of the times of Portuguese colonization. In general, a profound combination of Chinese and Portuguese cultures can be noted. Given that the bulk of the residents of Macau is the Chinese people, there are also many representatives of Portugal. About half million people inhabit Macau, and a great contribution to the increase in the number of population is made by immigrants. Macau ranks second in the world due to life expectancy of the residents. Among the main sources of income for the economy, there are tobacco production, fisheries, textile exports, and production of fireworks. Gambling business is also developed in Macau, and it is developed so that the region is often referred to as “the capital of gambling”. The national currency is the Macanese patacaRecently, registration of offshore business in Macau becomes more and more relevant for entrepreneurs from around the world. It is facilitated by favorable tax policy, developed financial infrastructure, and strong Macau's reputation in the world. Offshore company in Macau is perfect example of successful tax planning. And this fact is attracting more and more investors to the region. The classical type of offshore company in Macau is limited liability company by quotas (LDA). Legislative frameworkActivities of offshore companies in Macau are based on civil law (incorporated the basic principles of Portuguese, German, Chinese and English common law systems). Registration of offshore business in Macau. Main provisions
All offshore companies in Macau fall under one of the two categories:
Registration of offshore business in Macao and obtaining license provide for submission of: - business plan specifying the amount of investments, scope of activities, conditions of employment of local workforce, area of the office, etc. - After obtaining license it is required to provide confirmation that all items specified in the business plan are being put into effect. Offshore company in Macau is obliged to be physically located in the territory of jurisdiction, and it is a very important. Bookkeeping in MacauOffshore company in Macau should keep accounting records. All companies of Macau shall annually submit Annual Return and financial statements in the Financial Services Department. Company is subject to audit if its average annual income for the last 3 years exceeds MOP 500,000 and its capital - MOP 100000. It is now simple and easy to register or buy company in Macau. Contact us and registration of offshore company in Macau will be quick and successful procedure. Registration of offshore companies and various types of companies is one of the main fields of our activity. |
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Square | 28.20 |
Population | 578.03 |
Capital | Macau |
Unemployment | 7.50 |
State polity | limited democracy |
Telephone code | 853 |
Place in the world in corruption | 46 |
location | Eastern Asia |
Climate | subtropical; marine with cool winters, warm summers; avg. maximum temperature (July) +32°; avg. minimum temperature (January) 13° |
Literacy rate | 91.30% |
Ethnic groups | Chinese 94.3%, other 5.7% (includes Macanese - mixed Portuguese and Asian ancestry) |
National currency | Pataca MOP |
USD exchange rate | 8.00 |
GDP per capita | 39 |
Official language | Cantonese 85.7%, Hokkien 4%, Mandarin 3.2% |
Credit rating | BB- |
The judiciary | Court of last resort in the administrative region of Macau |
Executive authority | Head of government: Chief Executive. Government: The Executive Board |
Legislative authorities | unicameral Legislative Assembly (29 seats) |
Opportunity to purchase ready-made companies | No |
Legal system | Civil Law |
The use of the Cyrillic alphabet in the name | No |
Local registered office | Yes |
Organizational and Legal Forms | • Individual entrepreneur; • Unlimited liability company; • Mixed liability company by quotas; • Mixed liability company by shares; • Limited liability company by an individual quota; • Limited liability company by quotas; • Limited liability company by shares |
Indication of BPA in the name | Limitada (Ltda) or Chinese equivalent (or English, but only together with Portugal and Chinese) |
Local registered agent | Yes |
Standard currency | Pataca |
Information about the beneficiary is disclosed | 25000 |
The minimum amount of paid-in capital, nat. currency | 25000 |
The minimum amount of the issued capital | No |
Bearer shares | No |
Terms of capital payment | When registering |
Possibility to issue shares without par value | No |
VAT | No |
Basic corporate tax rate | 12.00% |
Capital gains tax | No |
Currency control | No |
Corporate tax rates details | Complementary tax is levied at progressive rates from 9% to 12%. Update February 2018: Rate is 0% on assessable profit up to MOP 600,000; 12% rate applies to assessable profit over that amount. |
Stamp duty | No |
Minimum number of directors | 1 |
The requirement for residency directors | No |
Director of legal entities are allowed | Yes |
The data reveals to the local agent | Yes |
Data field to the public registry | No |
The requirement for the presence of the Secretary | Yes |
Requirement to the residense of the Secretary | No |
Requirements to qualification of the Secretary | No |
Legal entity as the Secretary | No |
Minimum number of shareholders | 2 |
Data is entered in the public register | No |
Shareholders residency requirement | No |
Information about the beneficiary is disclosed | No |
Information may be disclosed to the local agent | Yes |
Shareholders-legal entities are acceptable | Yes |
The requirement for filing reports | No |
Open access to reports | No |
Statutory audit | No |
The requirement for filing Annual Return | No |
Open access to the Annual Return | No |
The requirement for reports | Yes |
Treaty on avoidance of double taxation (States which signed) | 12 |
Membership in the OECD | No |
Is it offshore according to Russian legislation | Yes |
TM Comprehensive Study | TM Registration Request | TM Registration Certificate | Total | ||||
---|---|---|---|---|---|---|---|
First Class | Additional Class | First Class | Additional Class | First Class | Additional Class | First Class | Additional Class |
72.00 | 72.00 | 463.50 | 463.50 | 0.00 | 0.00 | 535.50 USD | 535.50 USD |
«TRADEMARK» refers to «Wordmark» or «Logo» | |||||||
144.00 | 144.00 | 922.50 | 922.50 | 0.00 | 0.00 | 535.50 USD | 1066.50 USD |
«TRADEMARK» refers to «Wordmark+ Logo» | |||||||
Prices include all professional and official fees. If the change of official duties or exchange rates prices may vary. Цены включают в себя все юридические и официальные пошлины. Наши цены могут варьироваться в процессе регистрации только в случае изменений, касающихся официальных пошлин или обменных курсов. |