Credit Institutions (Including Banks) Licensing Requirements / Criteria The institution to be incorporated as a local credit institution must be a joint-stock company. The minimum capital requirement for founding a bank is MOP 300 million. And the minimum capital requirement for other credit institutions with restricted banking business is MOP 100 million. Upon incorporation, the […]
Exhibitions and Conventions Macao has top-notch software and hardware facilities for exhibitions and conventions. With a large number of integrated resorts, the city provides more than 240,000 m2 of world-class international conference and exhibition venues, allowing large and high-level conferences sizing over 10,000 attendees to be held concurrently. The development of Macao’s exhibitions and […]
Useful Investment Information Types of Business and Enterprise Flowchart of Investor’s “One-stop Service” General Classification of Licences Introduction to Taxation Important Notes about Business Operation Foreign Trade Macao’s Market Information and Operational Costs Contact Information of Macao’s Industrial and Commercial Associations Business Environment In Macao, business operational guidelines conform to international conventions, and the same […]
The integrated tourism and leisure industry maintains a steady growth, and other industries, such as big health, modern financial services, high technology, exhibitions and conventions, commerce and trade, and culture and sports, are developing with great foundation and momentum. Integrated Tourism and Leisure Industry Traditional Chinese Medicine and Big Health Industry Modern Financial Services Industry […]
Macao is seeking to develop the high technology industry to facilitate the establishment of the International Innovation and Technology Hub in the Guangdong-Hong Kong-Macao Greater Bay Area and contribute to high-quality national development. In terms of scientific research, Macao’s scientific research results rank 4th among the cities of the Greater Bay Area, right after Guangzhou, […]
The financial industry in Macao has stable assets, robust capital adequacy ratio, sufficient liquidity and good profitability, and an increasingly high degree of internationalisation. Macao has been promoting the development of the financial industry with an emphasis attached to the development of bond market, wealth management, financial leasing and cross-border financial business. While striving to […]
As early as in 1999, the Macao SAR Government included traditional Chinese medicine (TCM)TCM in the public healthcare system, thereby enlarging the coverage of TCM throughout the public healthcare services. The “State Key Laboratory of Quality Research in Chinese Medicine” was established in Macao in 2011, with the aim of developing research on TCM quality […]
The Historic Centre of Macao was inscribed on the UNESCO World Heritage List in July 2005. With the old district as the core, the Historic Centre of Macao consists of 22 Chinese and Western-style buildings that are connected by 8 squares and public spaces, serving as an important feature for the tourism industry. In November […]
Development Orientation The Outline of the 14th Five-year Plan (2021-2025) for National Economic and Social Development and the Long-Range Objectives through the Year 2035 explicitly supports Macao in enriching itself as a World Centre of Tourism and Leisure, working with Guangdong to develop Hengqin, expanding its function as a Commercial and Trade Co-operation Service Platform […]
Macao’s Basic Information Located on the southeast coast of China and on the west coast of the Pearl River Estuary. As of the third quarter of 2023, the total population was around 681,000 and the total population in employment was around 369,000, 45.2% of them have received higher education, indicating that the city has reached […]