Tag Archives: Macau Company formation

The Basics of Macau Company Registration

Investing for a business expansion or setting up a company in Macau is a great opportunity. Macau is definitely a wonderful place with great and welcoming people. As a part of China, it is also an economically thriving place that is why many business people are taking their breaks in this place and yes, they have really found great success in choosing to expand their business in Macau.

Macau is located in the tropics, and basically, this place has a warm temperature all year round. People in Macau can enjoy the sound infrastructure and the great industrial chain for marketing, commerce and manufacturing. One great thing about setting up a company in Macau is that you can have the opportunity to take advantage of the “one country, two systems” policy. Now, to learn more about setting up a business in Macau, it is very important to know the basics of Macau company registration. And let’s us take things step-by-step.

The Company Name- Before getting into Macau company registration, the government first will need to approve your company name. In Macau, only Chinese company names are accepted. However, English company names can be used for reference. But then again, not all proposed Chinese company names can be accepted as there are wordings of a company name that you have to conform with when proposing a company name. Your company name must be distinguished from other registered names. Now, when the proposed name has the word “China”, then it should be evaluated at the national level for company registry.

The Director, Shareholder, Monitor and Legal Counsel- Before the business will be set up, these posts must be arranged according to the policy. The directorship can be taken by a local or foreign person. A shareholder can be foreign company or a local person as well. A monitor is needed in supervising the management and the operation of the company. He or she can be a foreign or a Chinese person. And lastly, a legal representative is needed for any legal affairs arising in the operation of the business.

The Procedure- After having the name approved and filling up the certain posts, the procedure begins with filling out of the application form, confirmation of the company name, paying the services, submission of the necessary documents, validating the documents and the data entered and the preparation of the statutory documents.

So there are still some other things you need to consider when looking forward to set up your own company in Macau. However, the ones mentioned above are the most basic and essential ones you need to know. For easy Macau company registration, seek the help of an expert and have all your significant queries answered.