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.
Offshore companies can be engaged in offshore services, such as information equipment consulting, information consulting and programming, information handling, database business, administrative and archive supporting business, research and development business, technical test and analysis business, ship and aerial equipment & material operation and management services.
Macau Offshore Company Key Features
- The minimum capital required is MOP 25,000 (USD 3,125)
- The minimum number of director required is one, who may or may not be a quotas-holder.
- Macao Corporations are required to keep a registered office in Macao.
- Books and records are required to be kept by the company in MOP.
- A company secretary should be appointed in case that:
- The company has ten or more than ten quotas-holders or
- The company has issued debentures or
- The capital, total assets or turnover, exceeds an amount more than a directive from the government (the Chief Executive)
Macau Offshore Company Legal Features
Macau Offshore Company |
Corporate Details |
General |
|
|
Offshore Company |
|
Yes |
Share capital or equivalent |
|
|
MOP |
|
Any |
|
MOP 25,000 (USD 3,125 |
Directors |
|
|
One |
|
Yes |
Shareholders |
|
|
One |
|
Yes |
Accounts |
|
|
Yes |
|
No |
|
No |
Macau Offshore Company Tax Treatment
- Business Tax Corporate enterprises or individual persons that operate any industrial and commercial activities shall be subject to business tax at the taxation rate determined according to business operation, generally at a sum of MOP300 (or USD37.5)
- Profits Complementary Tax (Income Tax) Profits from industrial and commercial business operations is subject to income complementary tax, at a taxation rate of 12%
Macau Offshore Company Duration to Setup
1 or 2 Weeks
Distinctive Benefits of Macau Offshore Company
- Stable financial system and Political Structure.
- Satisfactory trading environment
- Low tax rate: offshore companies can be exempt from profit tax, business tax, inheritance and gift taxes, property transfer tax, stamp tax and salaries tax for the first three years of employment (non-Macau residents)
- Platform for economic and trading cooperation between mainland China and Portuguese-speaking countries
The Valsen Advantage
- End to end comprehensive service
- Speedy and efficient service
- Expert advice on structuring options
- Dedicated ongoing compliance support
- Extensive network pool of service providers