Information from the Statistics and Census Service (DSEC) indicated that a total of 881 new companies were incorporated in the first quarter of 2012, up by 14.7% year-on-year; total value of registered capital soared by 151.0% to MOP199 million. The majority of new incorporations were operating in Wholesale and Retail (327), Business Services (156) and Real Estate (82). There were 583 (66.2% of total) new incorporations registered with capital under MOP50,000 and the value of capital (MOP15 million) made up merely 7.7% of the total; meanwhile, there were 29 new companies registered with capital of MOP1,000,000 or over, and the value of capital (MOP145 million) accounted for 72.8% of the total. In addition, 80% of the new incorporations were limited companies. Capital of the new companies came mainly from Macao (MOP69 million), Taiwan, China (MOP50 million) and Mainland China (MOP27 million). Capital originating from the 9 Provinces of the Pan-Pearl River Delta Region amounted to MOP6 million, with that from Guangdong province sharing MOP5 million. Analyzed by place of residence of the shareholders, 764 new companies were established solely by Macao shareholders, and 101 were joint ventures between shareholders from Macao and other countries or regions. In the first quarter of 2012, number of companies in dissolution totalled 130 and the value of registered capital amounted to MOP31 million, of which registered capital of 48 Wholesale and Retail and 16 Real Estate companies in dissolution accounted for 55.6% (MOP17 million).
