Setting up a company through IPIM
Notary service for company registration and business start-up
|Notary Service and Company Registration|
|According to the statute of the Macao Trade and Investment Promotion Institute: DL 29/99/M, article 25 section 1 (a) “The competence of the notary of IPIM includes: To perform all the necessary duties and to draw up the documents concerned with company registration and to determine the date for the notary service.”
Therefore, through the “One Stop Service” of the Macao Trade and Investment Promotion Institute, our notary provides a series of services and relevant legal and administrative procedures for company registration.
For better following and assisting of investors, IPIM may request investors to present their “Initial Investment Plan in Macao” ( Form for download / Online Application ) or “Summary of Investment Intention or Plan” ( Guidelines for download )
|1. Prepay company registration fees, notary fees and expenses|
|＊According to Portaria N.522/99/M of the Macao Government dated 13, December 1999, fees for setting up a company include notarization fees, stamp duty of notarial deed, company registration fees and other expenses. For the investor’s convenience, IPIM will collect the fees in advance.
Notary Service Fee :
1. Each Notarial Deed – Mop$100;
2. In addition to the above Mop$100, a handling fee will be charged according to the amount of the registered capital, in a cumulative scheme
2.2) fraction above Mop$500,000 to Mop$1,000,000: a handling fee of Mop$4 (about 0.4%) will be charged for every Mop$1,000 or less;
2.3) fraction above Mop$1,000,000 to Mop$2,000,000: a handling fee of Mop$3 (about 0.3%) will be charged for every Mop$1,000 or less;
2.4) fraction above Mop$2,000,000 to Mop$5,000,000: a handling fee of Mop$2 (about 0.2%) will be charged for every Mop$1,000 or less;
2.5) fraction above Mop$5,000,000: a handling fee of Mop$ (about 0.1%) will be charged for every Mop$1,000 or less.
The overall notarization fees are accumulated and totaled according to the above mentioned points.
Stamp Duty of Notarial Deed:
Company Registration Fees :
1.1) Up to MOP$100,000.00, charge MOP$300.00；
1.2) More than MOP$100,000.00 and up to MOP$1,000,000.00, charge MOP$1,000.00 ；
1.3) More than MOP$1,000,000.00, charge MOP$3,000.00 .
Certificate of Admissibility of trade name : Every application – Mop$65
|2. Assistance with application of trade name|
|1. The trade name is the name of the company that the entrepreneur chooses to register. Since it cannot be confused with other registered names, the proposed name has to be requested by applying for a “Certificate of Admissibility of Trade Name” at the Commercial Registry Office. After successfully obtaining the certificate, the company must be registered within 60 days.
2. A proposed name for newly formed companies must be written in Chinese and/ or Portuguese. When both Chinese and Portuguese are used, English can be added. Investors should also ensure that the name in all languages used must have a similar meaning. For Branch Offices, the name should be exactly the same as that of the parent company. Using the word “BRANCH” is optional.
3. The application fee is Mop$65 for each time, and it is valid for 60 days (Renewable). According to law, the processing time can take up to 10 days.
|3. Arrange with IPIM Notary for signing Company Establishment Deed|
|For investment projects followed up by IPIM, the Company Establishment Deed signing will only be arranged when the below information is submitted by the investor.
Documents and forms required:
|4. Assistance to apply company registration|
|Once investment project followed by IPIM, our Notary will give assistance to investor to prepare the following document for company registration:
* Registration shall not take more than 15 days to process.