Business Cessation – Settlement of Tax in Default (Group B)

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How to apply

Transactional Categories:

Business Cessation – Settlement of Tax in Default.

Target Groups and Application Eligibility:

Profits Tax Group B taxpayers who cease temporarily or permanently their business.

Application Approach:

Application 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 completed M/1 Business Tax – New Registration/Amendment Form in duplicate (one of which has to be signature-authenticated).
   -The applicant (individual / legal representative(s) of company or association) should present the original of his / her identity document, or any relevant supporting documents of the representative(s) in the company or association; (Companies that have been registered in the Commerce and Movable Property Registry, and of which information can be obtained online by this Finance Bureau from the Legal Affairs Bureau, are not required to present the Commercial Registration Certificate.)
   -The authorized person should present the original of applicant’s identity document or a power of attorney;
   -The applicant who holds identity document that does not bear the signature of the holder should apply in person;
3. A completed M3/M4 Salaries Tax – Name List of Employees/Casual Workers Form in duplicate.

Time Needed:

Within 30 days after the business cessation.

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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. The “Finanças” Building－Tax Collection Unit:
   Ground floor, the “Financas” Building, 575, 579 & 585 Avenida da Praia Grande, Macao.
3. Macao Government Services Centre－Taxation, Tax Collection Unit:
   52 Rua Nova da Areia Preta, Macao.
4. 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

Tax amount as of the date of business cessation:

1. Tax Payment Notice will be sent to the taxpayer by registered mail, payment deadline will be within 15 days after the fifth day commencing the postmark date of the registered notice;
2. Taxpayers should go to the Tax Services Centre of Financial Services Bureau located at ground floor, Macao Government Services Centre－Taxation or Macao Government Services Centre in Islands－Taxation respectively for obtaining the Irregular Tax Payment Slip, and pay the entire tax amount at the Tax Collection Unit located in the “Finanças” Building or the above mentioned Macao Government Services Centres.

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Remark / Guidance notes

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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