Submission of Annual Income Declaration (Group B)

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How to apply

Transactional Categories:

Submission of Annual Income Declaration.

Target Groups and Application Eligibility:

Natural persons or legal entities who gain income from carrying out business activities in the previous year. (All taxpayers excluded from Group A are included as Group B taxpayers)

Application Approach:

Declaration must be made in person or by an authorized person.

Required Document:

1. A completed “M/1 Profits Tax Group B – Profits Declaration Form” in duplicate.
2. A copy of identity document of the taxpayer or the legal representative.

Time Needed:

February and March.

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Service location and office hours

Application Location：

1. The “Finanças” Building －Tax Services Centre:
   Ground floor, the “Financas” Building, 575, 579 & 585 Avenida da Praia Grande, Macao.
2. Macao Government Services Centre － Taxation, Tax Collection Unit:
   52 Rua Nova da Areia Preta, Macao.
3. Macao Government Services Centre in Islands － Taxation, Tax Collection Unit:
   Third floor, 225 Rua de Coimbra, Taipa.

Office Hours：

Monday to Friday: 9:00 – 18:00
Closed on weekends and public holidays

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Charges

The stimulation calculation of Profits Tax.

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Remark / Guidance notes

1. Taxpayers must submit the “M/1 Profits Tax Group B – Profits Declaration Form” on time regardless of whether the profits stay the same as the previous year;
2. A local address must be provided in the declaration even if the domicile and the head office of the taxpayers are located overseas. In case of the local address is omitted in the declaration, the declaration will then be treated as failure to submit;
3. The declaration must be signed by the taxpayer, legal representative or the authorized person;
4. Company’s stamp must be stamped on top of the signature.

Penalties:

1. Failure to submit, inaccuracy or omissions verified in the declarations – result in a fine of MOP$100 to MOP$10,000. If the failure, inaccuracy or omission is deliberate, a fine of MOP$1,000 to MOP$20,000 will result.
2. In the case of repetition of offence, the fine is doubled. It is considered to be a repetition if a taxpayer has been liable to a fine for an illegal conduct and has committed the same act of infringement within 18 months.
3. Fines may be reduced by half of the specified amount, if taxpayer voluntarily reveals his/her transgression.

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