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──Dec 11 , 2020What are the requirements for registering a company in Macao?

Not only do entrepreneurs register their companies in Hong Kong, Singapore and Dubai, but many choose to do soIncorporation in Macao. Then what are the requirements for setting up a Macao company? Is it easy to handle?

If a company is to be established in Macao, the company name may contain at most one3Name, Chinese name, English name, Portuguese name.
The shareholders and directors of the company have no restrictions on nationality. The shareholders can be natural persons or legal persons (i.e. companies). If the shareholders are companies, the resolutions of the board of directors on the establishment of Macao subsidiaries of the company shall be provided at the time of registration, and the resolutions shall be justly certified. If it is a Chinese company, it can be notarized in China. If it is a company outside China, it needs to do the Hague certification.
Minimum registered capital of Macao company2.5Ten thousand patacas, minimum per share1000Patacas, and must be100A multiple of theta.
After the establishment of the Macau Company, every year2,3Do tax declaration month, Macau company classificationAGroup sumBGroup.AGroup means registered capital10010,000 patacas and above will be automatically listedAGroup company or be officially ratedAGroup of (usually continuous3Annual profit reached10010,000 patacas) and apply for promotion toAGroup. Everything else isBSet up a company.AGroup companies are required to submit audit reports when filing tax returns.BGroup company tax declaration is not required to provide audit reports audited by accountants.
In general, there are three kinds of taxes involved in the daily maintenance of Macau companies:
1, business tax, exempted from Macao, do not need to declare;
2, occupational tax, need to declare, have employees to pay tax, no employees but also need to declare;
3Income tax, the income tax rate is3%-12%At present, Macau's tax exemption is60Ten thousand patacas, profit in60The amount below 10,000 patacas is exempt from tax.60Above 10,000 patacas12%Calculate.

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