Interviews
825 new cos incorporated in the second quarter
11 Aug '08
2 min read
Information from the Statistics and Census Service indicated that a total of 825 new companies were incorporated in the second quarter of 2008, down by 15.8% year-on-year; with the total registered capital rising slightly by 0.2% to MOP99 million.
The majority of these new companies were operating in Wholesale and Retail (256), accounting for 31.0%, 19.4% and 17.8% respectively of the total. The registered capital of the new incorporations in Wholesale and Retail took up 17.3% of the total, at MOP17 million.
Meanwhile, number of dissolution of companies totalled 101, involving MOP20 million in registered capital. Among the companies in dissolution, 25 were operating in Wholesale and Retail and 24 in Business Services.
In the second quarter of 2008, 598 new companies (72.5% of the total) were incorporated with the registered capital of MOP50,000 or less, whereas the respective capital (MOP17 million) made up merely 17.2% of the total registered capital.
Meanwhile, there were 13 new companies incorporated with the registered capital of MOP1,000,000 or more, with the total registered capital amounting to MOP42 million (42.0% of the total). In addition, 87.2% of the new incorporations were limited companies.
The majority of the capital of the new companies came from Macao (MOP50 million), Hong Kong (MOP16 million) and Mainland China (MOP16 million). Moreover, Guangdong Province (MOP4 million) topped the list of the capital coming from the Pan-Pearl River Delta provinces.
Analysed by the place of residence of the shareholders, 421 new companies incorporated were established solely by Macao shareholders and 131 were solely by shareholders from Hong Kong.
There were 57 new companies incorporated jointly by shareholders from Macao and Hong Kong and 46 were joint ventures between Macao and Mainland China. Meanwhile, there were 31 new companies incorporated jointly by shareholders from countries/regions other than Macao.
The majority of these new companies were operating in Wholesale and Retail (256), accounting for 31.0%, 19.4% and 17.8% respectively of the total. The registered capital of the new incorporations in Wholesale and Retail took up 17.3% of the total, at MOP17 million.
Meanwhile, number of dissolution of companies totalled 101, involving MOP20 million in registered capital. Among the companies in dissolution, 25 were operating in Wholesale and Retail and 24 in Business Services.
In the second quarter of 2008, 598 new companies (72.5% of the total) were incorporated with the registered capital of MOP50,000 or less, whereas the respective capital (MOP17 million) made up merely 17.2% of the total registered capital.
Meanwhile, there were 13 new companies incorporated with the registered capital of MOP1,000,000 or more, with the total registered capital amounting to MOP42 million (42.0% of the total). In addition, 87.2% of the new incorporations were limited companies.
The majority of the capital of the new companies came from Macao (MOP50 million), Hong Kong (MOP16 million) and Mainland China (MOP16 million). Moreover, Guangdong Province (MOP4 million) topped the list of the capital coming from the Pan-Pearl River Delta provinces.
Analysed by the place of residence of the shareholders, 421 new companies incorporated were established solely by Macao shareholders and 131 were solely by shareholders from Hong Kong.
There were 57 new companies incorporated jointly by shareholders from Macao and Hong Kong and 46 were joint ventures between Macao and Mainland China. Meanwhile, there were 31 new companies incorporated jointly by shareholders from countries/regions other than Macao.
Macau - Statistics and Census Service
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