Information from the Statistics and Census Service (DSEC) indicated that a total of 1,665 new companies were incorporated in the second quarter of 2019, a decrease of 55 year-on-year. Meanwhile, total value of registered capital soared by 879.6% to MOP2 billion, due to the incorporation of companies with large capital in the Transport and Wholesale & Retail sectors. Analysed by industry, there were 529 newly incorporated companies operating in Wholesale & Retail Trade and 395 in Business Services. Companies in dissolution totalled 211 in the second quarter, and the value of registered capital of companies in dissolution amounted to MOP76 million.

Analysed by size of registered capital, there were 1,237 new companies (74.3% of total) registered with capital under MOP50,000, and the total value of capital was MOP32 million. On the other hand, there were 31 new companies registered with capital of MOP1 million or over, and the total value of capital amounted to MOP2 billion (96.2% of total).

As regards the origin of capital of the new companies, Macao and Hong Kong contributed MOP2 billion (89.4% of total) and MOP151 million respectively. Capital from mainland China amounted to MOP72 million, with MOP62 million coming from the mainland cities in the Greater Bay Area (Zhuhai accounting for 90.1%). Analysed by combination of shareholders, there were 1,169 new companies established solely by Macao shareholders, and 191 joint ventures between shareholders from Macao and other countries or regions.

In the first half of 2019, a total of 3,278 new companies were incorporated, up by 3.3% year-on-year; total value of registered capital surged by 647.0% to MOP3 billion. Number of companies in dissolution totalled 421, and the value of registered capital of companies in dissolution amounted to MOP157 million.

At the end of the second quarter of 2019, number of registered companies totalled 69,042, an increase of 5,255 from a year earlier.