Member Articles

Accessing the lucrative market of Macau is on every foreign investor’s radar. Though challenges regarding corporate structure and registration, real estate, employment, litigation and licensing appear intimidating, a good understanding of local practice ensures a smooth and solid transaction. The Chinese gaming enclave of Macau has experienced another boom last year, far beyond analysts’ wildest dreams ...

Macau’s booming property market has prompted the government to issue a series of laws to provide further security to both buyers and sellers. The most important changes are to the laws on stamp duty and promissory and pre-sale agreements. Macau, the Las Vegas of Asia, like most gems, is small and valuable. The attractiveness of this region also appears in the property market, where prices have been on the rise for the last few years (the annual increase in 2013 was of 43% per m2) ...

Guide to Business Ethics and Anti-CorruptionMacau lawsTransparency International (TI) rankingsMacau is not ranked on the TI CPI 2013. However, it was ranked 46 out of 183 on the TI CPI 2011.Macau is not ranked on the TI BPI 2011.International anti-corruption conventions and inter-governmental organisationsThe Central Government of the People’s Republic of China has declared that the UNCAC shall apply to Macau ...

Besides other exemptions contemplated under the law that approved the 2016 budget for Macau SAR (Law No. 15/2015, of 28 December 2015), the core special exemptions applicable cover Corporate Tax, Professional Tax and Property Tax. Corporate Tax The taxable profits accrued in the companies’ annual accounts re ...

Latest Legislative News on Employment Related Matters Law 15/2015 became effective on 1st January 2016 - the official budget law sets annual exemptions, deductions and tax withholding minimum thresholds for 2016. Regarding professional tax the following applies in Macau for 2016: 1. Tax rates (professional tax rates) are progressive up to 12% with the top tax rates applying to an annual income over MOP424,000. Professional tax rates apply to residents and to non-residents. 2 ...