Information from the Statistics and Census Service (DSEC) indicated that a total of 1,454 new companies were incorporated in the fourth quarter of 2014, up by 254 year-on-year. Total value of registered capital increased by 4.3% to MOP311 million, in which registered capital of Business Services (MOP209 million) surged by 870.5% and that of Wholesale & Retail (MOP35 million) decreased by 29.8%. Analysed by industry, there were 440 new incorporations operating in Wholesale & Retail and 381 in Business Services. In the fourth quarter of 2014, companies in dissolution totalled 144, and the value of registered capital of companies in dissolution amounted to MOP27 million. In the fourth quarter of 2014, capital of the new companies came mainly from Macao (MOP180 million) and Mainland China (MOP98 million), including MOP92 million from the 9 Provinces of the Pan-Pearl River Delta Region, with that from Guangdong province sharing MOP89 million. Analysed by combination of the shareholders, there were 994 new companies established solely by Macao shareholders, and 143 joint ventures between shareholders from Macao and other countries or regions. For the whole year of 2014, a total of 5,409 new companies were incorporated, an increase of 928 from 2013; total value of registered capital surged by 143.9% year-on-year to MOP1.8 billion. There were 1,854 new incorporations operating in Wholesale & Retail and 1,192 in Business Services, with the value of registered capital amounting to MOP209 million and MOP348 million. Number of companies in dissolution totalled 536 in 2014, and the value of registered capital of companies in dissolution amounted to MOP111 million. Analysed by size of registered capital, there were 3,749 new incorporations registered with capital under MOP50,000 (69.3% of total), and the total value of capital was MOP98 million (5.3% of total). There were 155 new companies registered with capital of MOP1,000,000 or over, and the total value of capital amounted to MOP1.5 billion. At the end of 2014, number of registered companies increased by 4,873 year-on-year to 48,626, including 480 commercial offshore companies, down by 9 year-on-year.
