New company capital comes mainly from China

A total of 1,294 new companies have been incorporated in the second quarter of the year, signalling a decrease of 160 year-on-year. Information from the Statistics and Census Service (DSEC) indicates that the majority of new companies are operating primarily in the wholesale and retail sector (459), followed by the business services sector (328).
Analyzed by the size of registered capital, there were 841 new companies (65 percent of the total) registered with capital under MOP50,000, with a combined total capital of MOP22 million. On the other hand, there were 30 new companies registered with capital of MOP1,000,000 or over, and the total value of their capital amounted to MOP286 million (77.7 percent of the total). In the second quarter of 2015, companies in dissolution totalled 116, and the value of their registered capital amounted to MOP10 million.
The statistical data reveals that the capital of the new companies came mainly from mainland China (MOP234 million), which includes MOP150 million from the 9 provinces of the Pan-Pearl River Delta Region. Local capital amounted to MOP89 million. Analysed by combination of shareholders, there were 826 new companies established solely by Macau shareholders, along with 155 joint ventures between local shareholders and other countries or regions.
At the end of the second quarter of 2015, the number of registered companies totalled 51,103, an increase of 5,055 from a year earlier.