Information from the Statistics and Census Service (DSEC) indicated that a total of 1,517 new companies were incorporated in the first quarter of 2021, an increase of 471 year-on-year. Newly incorporated companies operating in Wholesale & Retail Trade and Business Services totalled 518 and 406 respectively. Total value of registered capital of the new companies dropped by 11.9% year-on-year to MOP219 million. Companies in dissolution totalled 253 in the first quarter, and the value of registered capital of these companies amounted to MOP85 million.
In terms of origin of capital, mainland China contributed MOP122 million (55.5% of total) to the capital of newly incorporated companies, with MOP86 million coming from Henan. Capital from the Mainland cities in the Greater Bay Area totalled MOP20 million, of which Shenzhen accounted for 59.8%; moreover, capital from Macao and Hong Kong amounted to MOP70 million and MOP24 million respectively. Analysed by combination of shareholders, 1,110 companies were established solely by Macao shareholders, while 131 were joint ventures between shareholders from Macao and other countries or regions.
Analysed by size of registered capital, there were 1,142 new companies (75.3% of total) registered with capital under MOP50,000, and the value of capital (MOP29 million) made up 13.4% of the total. Meanwhile, 14 new companies were registered with capital of MOP1 million or over, and the value of capital (MOP139 million) constituted 63.3% of the total.
At the end of the first quarter of 2021, total number of registered companies in Macao was 77,715.