Macao (Macau), a previous colony of Portugal, may provide an interesting solution to your client's problem. What and Where is Macao (Macau) Macao is located at the entrance of China¡¦s Pearl River delta, 60 km from Hong Kong and 145 km from Guangzhou. A previous colony of Portugal in Asia, Macao is a well-known resort in Asia. On 20th December 1999, Macao became the second Special Administrative Region of China. In accordance with the Basic Law (the Mini constitution), Macao SAR will retain its economic system for a further 50 years, with its own executive, legislative and judicial authorities and system.

Like Hong Kong, Macao is a duty free port with a low-tax policy. No import duties is imposed on most goods and there is no restriction on the transfer and repatriation of capital and profits.

For more information , please refer to the followings:

Macao - A general Introduction

Macao Corporation

Taxation of Macao Corporations

You can either incorporate Macao Local Companies or obtain an Macao Offshore License. Since Macao is a former Portugal colony, its laws are code laws system which is not unfamiliar in European countries.

Macao maintains a Double Tax Treaty with Portugal, which can act as a gateway for tax arrangements involving China and European countries. Macao also maintains a Double Tax Agreement with Mainland China.

For more information, please refer to the following:

Macao (Macau) Offshore Institution

Macao - Offshore Institution - An Introduction to the Offshore Law of Macao by Ms Yvonne Fong

Macao - Tax Plan - Asset and Operation Planning Using Macao Structures by Mr Horace Ho

The directors and management of Manivest Asia are professionals in the offshore industry having served the Asia markets for over twenty years. Through our offices in Hong Kong, Shanghai and Macao as well as our associates in other Asia cities, we offer a full range of comprehensive value-added services to professional advisors and their clients.

Manivest Asia offers the following services:

Incorporation of Macao and other onshore/offshore companies and structures

Application for Macao Offshore Institution License

Full corporate management services

Registered office, business office, mail redirection and business centre (available in selected locations only)

Accounting services

Re-invoicing services

Tax and asset planning services

Asset protection and preservation advisory services

Business establishment services

Market exploration services

For an installation fee and a monthly fixed management fee, our packaged corporate management services provide a full service package which include:

Assessment of your tax and asset planning scheme

Application of Offshore Institution Permit and establishment of an office in Macao

Engagement of office staff in Macao

Maintenance of your Macao Offshore Office, including day-to-day management, re-invoicing services, personnel matter, import and export procedures.