Company statistics for the 2nd quarter of 2017

Information from the Statistics and Census Service (DSEC) indicated that a total of 1,229 new companies were incorporated in the second quarter of 2017, an increase of 88 year-on-year. Total value of registered capital surged by 5,104.3% year-on-year to MOP7.3 billion, due to the incorporation of a fund company with a large capital. Analysed by industry, there were 378 newly incorporated companies operating in Wholesale & Retail and 309 in Business Services. Companies in dissolution totalled 195 in the second quarter, and the value of registered capital of companies in dissolution amounted to MOP30 million.

Analysed by size of registered capital, there were 891 new companies (72.5% of total) registered with capital under MOP50,000, and the total value of capital was MOP23 million. On the other hand, there were 27 new companies registered with capital of MOP1 million or over, and the total value of capital amounted to MOP7.2 billion (99.1% of total).

As regards origin of capital, the majority of the capital came from Hong Kong (MOP4.2 billion) and Macao (MOP3 billion). Capital from Mainland China totalled MOP60 million, of which the amount from the Nine Provinces of the Pan-Pearl River Delta Region was MOP39 million (58.7% from Jiangxi province and 36.2% from Guangdong province). Analysed by combination of shareholders, there were 849 new companies established solely by Macao shareholders, and 135 joint ventures between shareholders from Macao and other countries or regions.

In the first half of 2017, a total of 2,701 new companies were incorporated, up by 19.6% year-on-year; total value of registered capital increased by 2,737.5% to MOP7.5 billion. Number of companies in dissolution totalled 418, and the value of registered capital of companies in dissolution amounted to MOP86 million.

At the end of the second quarter of 2017, number of registered companies totalled 58,955, an increase of 4,063 from a year earlier.

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