Macau SAR
Financial services a key draw for law firms looking to expand in the Greater Bay Area
IFLR is delighted to reveal the winning deals, teams, law firms and individuals for the Asia-Pacific Awards 2023
The Asia-Pacific awards research cycle has now begun – don’t miss out on this opportunity to get recognised
IFLR is delighted to announce all the winning deals, teams, firms and individuals of the 2022 Asia-Pacific awards.
All the shortlisted deals, teams and firms of the year - winners will be announced on March 17
Register now to celebrate the region’s most innovative cross-border deals, teams and firms, as chosen by our panel
In the midst of a global economic crisis of proportions unseen for generations, the financial woes of many businesses have become such that today, the pursuit of survival has taken the place of the pursuit of profit. Come the time for yearly accounting, companies based in the Macau SAR may be faced with a situation where their net value has decreased to such a level that the law mandates immediate action. Such is the case of Article 206 of the Commercial Code, the terms and provisions of which stipulate that, should the board of directors verify through the annual accounts that the company’s net value is lower than half of its share capital, it is compelled under the penalty of criminal law to submit for approval by the shareholders a resolution which embraces one of the three solutions set forth by the legislator.
IFLR is delighted to announce the winning deals, teams and law firms for the 2020 Asia-Pacific awards
Sponsored
Sponsored
-
Sponsored by Riquito AdvogadosSteps to achieve this include preparing a new legal regime for the financial system and creating the required infrastructures
-
Sponsored by Riquito AdvogadosRiquito Advogados lawyers outline how the pandemic has accelerated the growth of mobile payments in Macau SAR
-
Sponsored by Riquito AdvogadosContractual relations between governments and the private sector are usually dictated by a strict set of rules and regulations, that are set in place as an assurance that the public interest is protected and that the public procedures are transparent and subject to the necessary advertising and competitive tendering requirements. In this context, the exceptional public health situation we are living in represents a true game changer, posing challenges to the existing legal frameworks and imposing upon governments the task to quickly adapt the regulatory system to provide answers to the ever evolving pandemic situation.