Fiscal Incentives
| PROPERTY TAX | A total exemption may be granted for real estate purchased exclusively for industrial purposes, while a partial exemption is possible for a period of up to 5 years in Macau and 20 years on the islands, for new real estate rented for industrial purposes (*). |
| INDUSTRIAL TAX | For previously approved cases a total exemption is possible (*). A 50% reduction may be grantedfor businesses located on the islands (except for off-shore banking operations). |
| COMPLEMENTARY (PROFITS) TAX | There is a possible 50% reduction (*) |
| CONSUMPTION TAX | It should be noted that fuel supplied to industrial units is free from tax (*). |
| MOTOR VEHICLES TAX | Vehicles intended for use in Macau’s Public Services, tourism sector, public transport, and cargo are all exempted. |
Exemptions marked with (*) are granted upon application detailing grounds with a statement of facts,to projects which comply with at least one of the following requirements:
- Promote economic diversification
- Contribute to promotion of exports to new unrestricted markets
- Promote added value within their activity\’s value chain
- Contribute to technological modernisation
Applications must be approved by the Government prior to installation, expansion, reorganisation or change of operation of an industrial unit.
