Methods of Company Incorporation
1.Facilitation Services for Commercial Registration in Nine Cities of Guangdong-Hong Kong-Macao Greater Bay Area
In order to encourage Macao enterprises to invest in cities in the Greater Bay Area by optimising the commercial registration procedures of the Guangdong-Hong Kong-Macao Greater Bay Area for Macao enterprises, the Macao Trade and Investment Promotion Institute (IPIM) inked an co-operation agreement with the Guangdong Market Supervision & Administration Bureau to roll out the Facilitation Services for Commercial Registration in Nine Cities of Guangdong-Hong Kong-Macao Greater Bay Area.
Macao enterprises and citizens intending to invest or start up business in the nine Mainland cities of the Guangdong-Hong Kong-Macao Greater Bay Area
• Consultation on commercial registration in the nine Mainland cities of the Greater Bay Area
• Collection of commercial registration documents
• Forwarding written documents to relevant authorities and collection of operating licences
• Postal fee payment
Source: Macao Trade and Investment Promotion Institute
2.Guangdong Province Single-window Service System for Enterprises
Macao investors who intend to register in the nine cities of the Greater Bay Area as foreign-invested enterprises are required to submit application by signing up on the Guangdong Province Single-window Service System for Enterprises ,filling in the business registration information and the initial report in the webpage “opening businesses” .
At the registration stage, the investor must declare whether they fulfil the requirements of the “Special Administrative Measures for Foreign Investment Access (Negative List)” fill in the business category and code, and truthfully select whether the business falls under special administrative conditions.
Note: Among the Regulations stipulated in the Mainland and Hong Kong Closer Economic Partnership Arrangement and its subsequent agreements, Mainland and Macao Closer Economic Partnership Arrangement and its subsequent agreements , Cross-Strait Economic Cooperation Framework Agreement and its subsequent agreements, international treaties and agreements concluded or joined by China, those that are more favourable for the investment access of foreign investors shall prevail. Regulations that provide more favourable measures for eligible investors investing in special economic zones, such as pilot free trade zones, shall prevail.
|Procedure of Single-window Service|
|Choose the enterprise type||Single-form Application||Approval of business||Single-window Collection Service|
– Business registration
– Bank account opening
– Social security fund registration for employees
– Company seal making
– Taxation services (receipt application)
– Provident fund registration for employers
– Business License
– Company seal
– Tax-UKey (taxation management device)
Through the “Single-window Service System for Enterprises”, investors can complete the company incorporation procedures including business registration, company seal making and receipt application, and fill in the foreign investment information report. Investors can also download the manuals for opening businesses and foreign investment information reporting from the system.
Under the streamlined identity document verification procedures for Hong Kong, Macao and Taiwan investors, natural persons of the Macao SAR who have submitted business registration applications using their Mainland Travel Permit can complete real-name authentication via the National Enterprise Real-Name Authentication System (name of the application: Enterprise Identity Authentication), without having to present their permits in-person at the registration department.
The Notice on Matters Related to Foreign Investment Information Reporting issued by the Ministry of Commerce stipulates that foreign investment enterprises that were incorporated or modified on or after 1 January 2020 only need to report their investment information based on the Measures for Foreign Investment Information Reporting and the Notice; record filing procedures for business incorporation or modification are no longer required.
|Foreign investors who have established enterprises or joint ventures with direct investment in China’s territory||Foreign-invested enterprises engaged in manufacturing and business activities in China’s territory|
|Representative offices of foreign enterprises engaged in manufacturing and business activities in China’s territory|
|Local enterprises intending to become foreign investment enterprises must submit the initial report when registering the change of status.|
|For foreign investment enterprises that have changed the controlling stake, tax deduction information for equipment importation, special economic zone where the business is based (with the residential address remaining the same), and/or foreign-invested companies limited by shares that have changed the basic information of shareholders except for promoters, the modification report must be submitted via the enterprise registration system within 20 workdays of change taking place; in-person submission to administrations for market regulation is not required.|
|The initial, modification, deregistration and annual reports of companies established in the territory by foreign investment enterprises (including those established with multi-tier investments) are shared between the State Administration for Market Regulation and the Ministry of Commerce, and no longer need to be submitted separately.|
- Notice on Matters Related to Foreign Investment Information Reporting issued by the Ministry of Commerce
- Guangdong Province Single-window Service System for Enterprises
Source: Invest Guangdong 2020 by the Department of Commerce of Guangdong Province
3.Hengqin New Area Commercial Entity Registration
Services: Incorporation, modification and deregistration of commercial entities
Hengqin New Area Administration for Industry and Commerce
Standardised Business Scope Description Enquiry System (for standardised descriptions of business scopes)
Guangdong Commercial E-registration Management System (for self-service registration of company names)
Hengqin New Area Online Business Registration (for pre-approval of name and incorporation of companies)
Contact Address: Block 1, 189 Baoxing Road, Hengqin New Area, Zhuhai
Source: Hengqin Guide of the Zhuhai Hengqin New Area Government Portal