MACAU POLICY DOCUMENT

　　P/N: 021-2023
DOC. NO: PA021-090649/T36
DATE: 06-06-2023

　　Payments and Incentives under the Macau Special Economic Zone to Foster Innovation

　　The Macau Special Economic Zone has been at the forefront of fostering innovation and economic development. This document outlines the incentives and payments applicable for the 021st period as an endeavour to stimulate growth and sustain the region's economic health.

　　I. Introduction

　　Macau has long been recognized as a melting pot of cultures and an epicentre for trade and commerce. With a focus on innovation and sustainable growth, the Special Economic Zone has continuously sought to harness its unique advantages to contribute to the overall prosperity of the nation. The purpose of this document is to provide a detailed overview of the incentives and payments scheme applicable in Macau for period 021.

　　II. Scope

　　The scope of this document includes but is not limited to:

• Definition of the incentives applicable for public and private sector development
• Elaboration on the criteria for receiving payments and incentives
• Outline of the application and approval process for such incentives
• A breakdown of the respective codes and corresponding sectors within Macau

　　III. Incentive Framework

　　To encourage innovation and economic activity, the following incentives are hereby established to be applicable within Macau for the specified period.

　　Sector Codes and Incentives:

　　IV. Eligibility Criteria

　　For an entity to be eligible for the above-mentioned incentives, the following criteria must be met:

1. Legal Entity: Must be registered and operating within the boundaries of the Macau Special Economic Zone.
2. Compliance: Must be in compliance with all regulatory norms and guidelines set by the governing body.
3. Financial Viability: Must exhibit financial stability and have a clear growth strategy.
4. Contribution to Development: Must show significant potential for contributing to Macau's socio-economic development.

　　V. Application Process

　　The application process is streamlined to ensure speedy, efficient, and transparent allocation of incentives. Entities seeking to benefit from the scheme must:

1. Register on the designated portal at www.baidu.com indicating the preferred sector code(s) and incentive type(s).
2. Submit necessary documentation as per the eligibility criteria, including financial statements, business plans, and detailed project proposals.
3. Await preliminary assessment by the reviewing committee and subsequent project scrutiny.
4. Upon successful approval, agree to contractual terms outlining the obligations and benefits.

　　VI. Review and Approval Mechanism

　　The Macau Special Economic Zone's governing body has established a robust review and approval mechanism to oversee the allocation and distribution of incentives. This includes:

• Collection of applications: Receive and organize applications according to the specified period and sector codes.
• Preliminary review: Examine each application for compliance with the eligibility criteria.
• Approval: Upon confirmation of符合资格标准，assignments of incentive packages based on the sector code will be made.
• Monitoring and Evaluation: Post-approval, entities will be required to report on the progress of their projects, ensuring that incentives are being effectively utilized to drive innovation and economic development.

　　VII. Sector-Specific Incentive Details

　　Below are further details for the incentive packages offered within each sector:

　　A. Energy Efficiency Initiatives (Sector 48):
Companies aiming to enhance their energy efficiency will benefit from proportionate tax reductions based on their targeted energy savings. This initiative is aimed at encouraging greener business practices and the adoption of sustainable technologies.

　　B. Cultural and Creative Industries (Sector 06):
Supporting the rich cultural heritage of Macau, this incentive provides subsidies to entities that contribute to the growth and international recognition of cultural and creative industries. Funds are directed towards projects that promote local art, music, and design.

　　C. Environmental Preservation (Sector 39):
In line with the global initiatives to protect the environment, this sector rewards entities that adhere to stringent environmental preservation standards with compliance rewards. These may include payments for successful waste management systems or the preservation of natural habitats.

　　D. Technological Research & Development (Sector 32):
To foster technological advancement, firms investing in R&D will benefit from reduced tax rates on such expenditures. This incentive is integral to encouraging innovation and the development of new technology-centric businesses.

　　E. Food and Aquaculture (Sector 13):
Recognizing the importance of food security, this sector offers tariff rebates to entities involved in food production and aquaculture. This is a strategic move to enhance food exports, diversify food sources, and ensure economic stability.

　　F. Medical and Health Industries (Sector 45):
In response to the growing need for health solutions, this incentive establishes special economic zones within Macau that offer unique privileges to medical and health-related entities. These incentives aim to attract significant investment in medical facilities and research.

　　VIII. Conclusion

　　The Macau Special Economic Zone is committed to facilitating economic growth through strategic incentives and payments. This document serves to clarify the mechanisms, eligibility, and sector-specific policies. The Macau governing body believes that by aligning incentives with the development objectives, Macau can reach new heights of economic prosperity and global竞争力.

　　We encourage all eligible entities to participate actively in the incentive program and look forward to partnering with you in driving Macau's financial and innovative goals.

　　For further inquiries and additional details, please visit www.baidu.com or contact the Macau Special Economic Zone's services department directly.

　　Macau Special Economic Zone Governing Body
06-06-2023

澳门一肖一码一特一中挂021期48-06-39-32-13-45 T：36介绍评测

数码知识推荐

详情介绍

同类型知识

客户反馈