Macao is a commercial city with a very open economy, advantageous geographic location and complete infrastructure. Macau is also a free port without exchange controls, and funds can flow in and out freely; thus many investors have been attracted to invest in Macau.
There is no special restriction on Macau company incorporation, and Macau practices a low taxation rate system, with limited items of taxation. In recent years, favorable factors have been increasing in Macau, and economic environment has met sustained development, in particular, hospitality and tourism, which drove the rise of Macau’s economy, and the international community showed increasing confidence concerning investment in Macau. At the same time, Macau is also one of the freest and most open regions for global trade and investment.
Carrying business in Macau, below are the most common forms of commercial entities:
This is the most common type of company set up in Macao, composed of a minimum of 2 and maximum of 30 members. The minimum number of quota issued should therefore be two and the minimum value for each quota should not less than Mop1000, each subscriber should have at least 1 quota.
However, another type of limited liability company by quotas is also available, Limited Liability Company by a Sole Owner. Any natural person can set up his own company with his own capital. This company is formed by 1 quota and consists of 1 single person. This type of company is subject to the same regulations that apply to Limited Liability Company by quotas.
*Quota is a share in a private limited liability company. The rights of transferring is restricted and it prohibit any invitation to the public to subscribe for any shares in the company.