According to the Law no. 12/2011 – the Government Budget of Year 2012, stated the following tax relief measures which are managed by the Financial Services Bureau:
Business Registration Tax
Waiver of business registration tax.
Land Rental
Exemption of land rental under MOP$100.00.
Property Tax
Standard deduction of MOP$3,500.00 on property tax.
Profits Tax
Exemption allowance for profits tax assessment 2011 is MOP$200,000.00.
Salaries Tax
25% wavier on salaries tax and the exemption allowance for assessment 2012 is MOP$144,000.00. Employer should withhold tax from causal worker whose daily salary is over MOP$640.00 or employee whose monthly salary is over MOP$16,000.00. Please refer to the Simulation Calculation.
Stamp Duty
Exemption of stamp duty on insurance contracts and banking service charges.
Exemption of stamp duty on all admissions of performance, exhibition or any kind of entertainment.
Exemption of stamp duty on putting up or placement of advertisements, signboards and publicity materials.
Stamp Duty (Conveyance of Property)
Waiver of stamp duty on the first MOP$3,000,000.00 of fixed asset value which is only applicable for Macao permanent residents. An application form “Confirmation of exemption from stamp duty” should be submitted prior to signing any sale and purchase contract.
Tourism Tax
Exemption of tourism tax on the services provided by luxury, class 1 and class 2 restaurants in group one classification indicated in article 6, and also on proprietary business activities provided by similar business in group one classification of group 1, 2 and 3 hotels indicated in article 5 of the Decree-Law no. 16/96/M.

Last Updated:14/02/2012
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