Registered firms slightly increases to over 81,000 in 2021

The number of registered companies in Macau totaled 81,060 in 2021, a slight increase of 5.7% compared to the number of firms registered in 2020 when the pandemic began, official statistics show. 

Newly incorporated companies in 2021 totaled 5,434, a decrease of 261 year-on-year, according to data from the Statistics and Census Service (DSEC).

The total value of registered capital surged by 123.9% to MOP1.36 billion in the reporting period. The number of companies in dissolution was 828 in 2021, and the value of registered capital of these companies amounted to MOP370 million.

In the latest report, the bureau noted that a total of 1,082 new companies were incorporated in the fourth quarter of 2021, a decrease of 455 year-on-year. 

The number of new companies operating in Wholesale & Retail Trade (389) and Business Services (257) went down by 206 and 144, respectively.

The total value of registered capital soared by 278.2% year-on-year to MOP539 million, which can be attributed to the incorporation of new Business Services companies with relatively large capital during the quarter. Companies in dissolution totaled 194 in the fourth quarter, and the value of the registered capital in these companies amounted to MOP88 million.

Capital from mainland China totaled MOP97 million, taking up 18.0% of the total; capital from Guangdong totaled MOP35 million, of which MOP34 million came from the mainland cities in the Greater Bay Area (with 57.0% coming from Zhuhai). LV