Information from the Statistics and Census Service (DSEC) indicated that a total of 1,454 new companies were incorporated in the second quarter of 2014, up by 308 year-on-year. Total value of registered capital increased significantly by 556.9% to MOP1.14 billion, attributable to a surge in registered capital of Financial Services. Analysed by industry, the majority of new incorporations were operating in Wholesale & Retail and Business Services, with 544 and 316 respectively. In the second quarter of 2014, companies in dissolution totalled 130, and the value of registered capital of companies in dissolution amounted to MOP13 million. Analysed by size of registered capital, there were 989 new incorporations (68.0% of total) registered with capital under MOP50,000, and the total value of capital was MOP26 million. On the other hand, there were 43 new companies registered with capital of MOP1,000,000 or over, and the total value of capital amounted to MOP1.06 billion (92.6% of total). In the second quarter of 2014, capital of the new companies came mainly from Mainland China (MOP902 million), including MOP87 million from the 9 Provinces of the Pan-Pearl River Delta Region; capital from Macao amounted to MOP212 million. Analysed by combination of shareholders, there were 968 new companies established solely by Macao shareholders, and 156 joint ventures between shareholders from Macao and other countries or regions. In the first half year of 2014, a total of 2,580 new companies were incorporated and total value of registered capital amounted to MOP1.33 billion, up by 20.9% and 306.2% respectively year-on-year. Number of companies in dissolution totalled 285 in the first half year, and the value of registered capital of companies in dissolution amounted to MOP41 million. At the end of the second quarter of 2014, number of registered companies totalled 46,048, an increase of 4,400 from a year earlier.
