Macau has simplified and improved some of its regulations for trade and investment promotion, the MSAR’s investment promotion body said yesterday.
The Macau Trade and Investment Promotion Institute (IPIM) said it has updated the regulations for companies attending promotional events, shortening the list of documents required for companies to hold or participate in promotional activities such as exhibitions or forums.
The information will instead be provided by other government departments such as the Financial Services Bureau, the institute said.
According to IPIM, companies no longer need to submit copy for business opening or modification, commercial registration, business tax forms, occupational tax forms, or certificate copy for no outstanding tax.
The updated regulations also require that exhibition information be issued to the public every month, which will make companies and interested visitors aware of promotional activities as soon as possible. Such information was previously publicized every June and December, according to the previous regulations.
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