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STATISTICS AND CENSUS SERVICE RELEASES COMPANY STATISTICS FOR Q4 OF 2022

<strong>STATISTICS AND CENSUS SERVICE RELEASES COMPANY STATISTICS FOR Q4 OF 2022</strong>

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Information from the Statistics and Census Service (DSEC) indicated that a total of 1,120 new companies were incorporated in Macau in the fourth quarter of 2022, a year-on-year increase of 38. The number of new companies operating in Wholesale & Retail Trade (463) and Business Services (331) both rose by 74. Meanwhile, the total value of registered capital of the new companies declined by 60.7% year-on-year to MOP 211 million, attributable to a decrease in the number of newly incorporated companies with relatively large capital during the quarter. Companies in dissolution totalled 200 in the fourth quarter, and the value of registered capital of these companies amounted to MOP 144 million.

Source: DSEC

Photo: Unsplash/drown_in_city

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