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
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Sponsored by Riquito AdvogadosIn late December, 2019, a new and consequential step toward fiscal transparency and accountability on par with international standards was decisively taken by the Government of the Macau Special Administrative Region with the approval of Law No. 21/2019, a revision of the Complementary Tax Law. -
Sponsored by Riquito AdvogadosThe Monetary Authority of Macau (AMCM) prepared new guidelines for additional due diligence and control by the banks operating in Macau over customers that engage in transactions that may be connected to gaming activities.
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Sponsored by Riquito AdvogadosMacao SAR has been under pressure in recent years to adjust its tax laws to international standards. While a long overdue, wide Macao SAR tax system reform continues to be delayed, some new laws and several adjustments to the existing laws are being introduced to meet up with the undertakings assumed by Macao SAR and its motherland in the international spectrum.
