Carrying business in Macau, below are the most common forms of commercial entities:
Limited Liability Company by Quotas
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.
Number of owner | Capital | Form and realization of participation of capital | Compulsive additional trade name | |
---|---|---|---|---|
Limited Liability Company by quotas | 2 to 30 persons | Minimum limit:MOP25,000 and No maximum limit | By purchasing quota of the company ,the nominal value of the quota at least 1,000 or in multiples of 100 | L.D.A. |
Limited Liability Company by sole owner | 1 person | Minimum limit:MOP25,000 and No maximum limit | Capital of 1 share and the rest is same as Limited Liability Company by quotas | Sociedade Unipessoal Lda |
Procedure | Legal mean/location | Requirements |
---|---|---|
1. Application of admissibility of trade name | Commercial Registry Office (CRCBM) | Fill up the required form with proposed name, and a clear definition of the objectives of the company |
2. Memorandum and Articles of Association |
- through IPIM’s private notary; or - lawyer registered in Macao; or - document written by the applicant and certified by the notary |
Notarial contract or individual contract confirmed by a public or private notary, according to type of company and legal requirements in force |
3. Registry of the Company
*(within 15 days of signing of the memorandum) |
Commercial Registry Office (CRCBM) |
1. Letter of Application (with the verification |
4. Declaration of commencement of operation |
Macau Finances Services Bureau (DSF) |
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Investor may establish the above companies through OneStart incorporation services. Please call (852) 3575 0222 for inquiries.
