Information from the Statistics and Census Service (DSEC) indicated that a total of 911 new companies were incorporated in the second quarter of 2011, up by 17.1% year-on-year; total value of registered capital surged by 136.6% to MOP321 million. Among the new incorporations, 256 were operating in Wholesale and Retail, 168 in Real Estate and 156 in Business Services. There were 629 (69.0% of total) new incorporations registered with capital under MOP50,000 and the value of capital (MOP17 million) made up merely 5.2% of the total; meanwhile, there were 25 new companies registered with capital of MOP1,000,000 or over, and the value of capital (MOP269 million) accounted for 83.8% of the total. In addition, more than 80% of the new incorporations were limited companies. Capital of the new companies came mainly from Macao (MOP196 million), Mainland China (MOP61 million) and Hong Kong (MOP40 million). Capital originating from the 9 Provinces of the Pan-Pearl River Delta Region amounted to MOP22 million, with that from Guangdong province sharing MOP20 million. Analyzed by place of residence of the shareholders, 568 new companies were established solely by Macao shareholders, and 116 were joint ventures between shareholders from Macao and other countries or regions. In the second quarter of 2011, number of companies in dissolution totalled 112 and the value of registered capital amounted to MOP122 million, of which registered capital of 22 Real Estate companies in dissolution accounted for 54.6% of the total.
