Besides other exemptions contemplated under the law that approved the 2016 budget for Macau SAR (Law No. 15/2015, of 28 December 2015), the core special exemptions applicable cover Corporate Tax, Professional Tax and Property Tax. Corporate Tax The taxable profits accrued in the companies’ annual accounts re. year 2015 are fully exempted from Corporate Tax up to the amount of MOP600,000 (circa USD75,000), a threshold that has been increasing over the years – from MOP200,000 in 2012, it was increased to MOP300,000 in 2013 and MOP600,000 in 2014. Over the MOP600,000 threshold the taxable profits are subject to Corporate Tax at a flat rate of 12%...
DSL Lawyers provides an extensive range of legal services to local and international corporations with interests throughout Macau. Our major practice areas are Corporate M&A, Property, Banking & Finance, Litigation & Arbitration, Construction Infrastructure, Employment, Tax Law Intellectual Property, and Telecommunications & Media. DSL Lawyers also provides a China Investment Desk.
Since it was founded in 2007 by its four partners, DSL Lawyers became one of the leading law firms in Macau, renowned by its reliable and efficient work. The firm has a team of experienced partners, associate lawyers and multi-lingual staff with international qualifications that have been working in the city, for over 15 years and have in-depth knowledge of the region, its industry and markets. The client base is diverse across many industries and worldwide geographic areas.
In 2011 DSL Lawyers signed a partnership agreement with PLMJ, a leading Portuguese law firm, and became part of PLMJ Legal International Network with offices in Angola, Brazil, Mozambique, East-Timor and Portugal. The Network has a strong focus on the Portuguese speaking countries and on the increasing Chinese investment in those economies.
Our lawyers are committed to their Clients' needs and problems, making available the time and resources required for the completion of any deal or for the right business decision to be taken in a timely manner at the right moment.
We know our Clients and we know their needs. Our lawyers have acquired a long time experience and deep legal insight of both Macau industries and the international players. Our language skills are an obvious advantage (all DSL lawyers are entirely fluent in English and Portuguese, and also master, on an individual basis, Cantonese, Mandarin, Portuguese, German and French).
The involvement of partners at the different practice levels as main contact points to Clients and in the supervision and monitoring of other lawyer and staff work allows for quality services and for a high reliability of results. The organization of the practice in teams, each led by a partner, also allows for healthy growth, supported by solid procedures.
Our lawyers are committed to their Clientsf needs and problems, making available the time and resources required for the completion of any deal or for the right business decision to be taken in a timely manner at the right moment.
We know our Clients and we know their needs. Our lawyers have acquired a long time experience at DSL and previously with other firms, with deep legal insight of the main Macau industries and the international players within the same. Such experience makes the difference and is recognized by our Clients.
Language skills are an obvious advantage and our people are entirely fluent in Portuguese, English, Cantonese and Mandarin, who also master, on an individual basis, German, French and Spanish.
Partners driven practice
The involvement of partners at different levels of practice, as main contact points to Clients, and the supervision and monitoring of other lawyersf and staff work allows high quality service and reliability of results. The structure of the practice in teams led by each partner also promotes a healthy growth, supported by solid procedures.
Year this Office was Established: 2007
Lawyers Worldwide: 10
Languages: English, Cantonese, Mandarin, Portuguese, German, French and Spanish
Areas of Practice
Employment and Tax News – MACAU 2016
Latest Legislative News on Employment Related Matters Law 15/2015 became effective on 1st January 2016 - the official budget law sets annual exemptions, deductions and tax withholding minimum thresholds for 2016. Regarding professional tax the following applies in Macau for 2016: 1. Tax rates (professional tax rates) are progressive up to 12% with the top tax rates applying to an annual income over MOP424,000. Professional tax rates apply to residents and to non-residents. 2. The exemption threshold for this year is maintained at MOP144,000 p.a and a fixed deduction of 30% from the professional annual income. 3...